Insights and Stories of Phil Franz-Warkentin

Barley bids up, but alternate feeds will limit gains

Jul. 14, 2010 at 4:42 pm CDT

(Resource News International) — The likelihood of a smaller barley crop has helped feed barley bids move higher over the past few months in Western Canada. However, ample feed wheat, ongoing imports of U.S. dried distillers grains and a poor malt barley export outlook should temper the upside in the […]

Flax prices rise under reduced EU demand

Jul. 13, 2010 at 10:52 pm CDT

By Phil Franz-Warkentin

Bangladesh fast becoming major Canadian wheat importer

Jul. 12, 2010 at 4:26 pm CDT

By Phil Franz-Warkentin

Firm canola bids to continue, barring outside move

Jul. 12, 2010 at 11:10 am CDT

By Phil Franz-Warkentin

Flaxseed bids rise on weather concerns

Jun. 25, 2010 at 12:05 pm CDT

By Phil Franz-Warkentin

Lentil bids rise, but supplies may still meet demand

Jun. 24, 2010 at 8:22 pm CDT

(Resource News International) — Lentil bids in Western Canada are starting to see some strength as producers are reluctant to make sales given the uncertain crop conditions this summer. However, actual production may still be sufficient to meet the average demand, which could limit the upside potential. Prairie farmers had […]

By Phil Franz-Warkentin

CP line closure not yet disturbing grain movement

Jun. 22, 2010 at 8:34 pm CDT

(Resource News International) — Canadian Pacific Railway’s main line through southern Saskatchewan and Alberta was shut down by heavy rains over the past weekend, creating some disruptions to grain movement in the region. However, the railway is using alternate routes and any delays have so far been only minor. CP […]

By Phil Franz-Warkentin

Feed barley bids firm, but increased supply likely

Jun. 21, 2010 at 11:19 am CDT

(Resource News International) — Expectations for reductions in Canadian barley acres this year, due to excessive moisture concerns, have led to some firmness in feed barley cash bids, although the wet weather will likely lead to more of the crop in the ground grading as feed, tempering any upside potential. […]

By Phil Franz-Warkentin

Canola cash bids climb following futures

Jun. 17, 2010 at 4:40 pm CDT

(Resource News International) –– Canola cash bids in Western Canada have climbed higher in sympathy with the rallying futures over the past week, although basis levels have widened slightly. “For the most part, cash prices seem to be following canola futures higher,” said Toby Torkelson, general manager of RayGlen Commodities […]

By Phil Franz-Warkentin

Mustard bids could be due for move higher

Jun. 16, 2010 at 3:26 pm CDT

(Resource News International) — Mustard prices in Western Canada have held steady for the past month despite the increasing concerns about wet weather in Saskatchewan. With many acres likely to be left unseeded and others facing excessive moisture, bids should have some room to the upside, especially given the rally […]

By Phil Franz-Warkentin