Insights and Stories of Phil Franz-Warkentin

Canola crush margins deteriorate, crushers patient

Jun. 15, 2010 at 4:24 pm CDT

(Resource News International) — Canadian canola crush margins have declined sharply over the past week, as a rally in canola futures made it more expensive for domestic processors to acquire the seed. Strength in the Canadian dollar also served to cut into crush margins. The canola crush board margin, as […]

Oats bids climb on weather; correction possible

Jun. 14, 2010 at 6:18 pm CDT

By Phil Franz-Warkentin

Many canola acres unseeded; question is how many

Jun. 9, 2010 at 11:17 am CDT

By Phil Franz-Warkentin

Reseeding likely for some Man. soybeans

Jun. 4, 2010 at 4:19 pm CDT

By Phil Franz-Warkentin

Most, not all, Man. corn crops OK after rain

Jun. 3, 2010 at 3:35 pm CDT

By Phil Franz-Warkentin

Weather issues could boost canola basis levels

Jun. 2, 2010 at 2:57 am CDT

(Resource News International) — Weather problems causing seeding delays to the western Canadian canola crop will likely result in better basis levels for those producers with canola to sell, especially as the futures remain stuck in a flat range and could be headed lower, according to a market analyst. Errol […]

By Phil Franz-Warkentin

Funds begin rolling out of nearby July canola

May. 28, 2010 at 1:19 pm CDT

(Resource News International) — Traditional commodity funds are holding large short positions in canola, while speculative index funds remain long the market. The funds were actively rolling those positions out of the nearby July contract and into the November futures Friday, and traders expected fund rolling to remain a feature […]

By Phil Franz-Warkentin

Peas face conflicting market influences

May. 27, 2010 at 9:38 pm CDT

(Resource News International) — The market for both edible and feed peas is fairly quiet in Western Canada right now, as producers remain focused on finishing up the last of this year’s seeding. The spread between old- and new-crop edible peas has narrowed in earlier than normal, meaning that some […]

By Phil Franz-Warkentin

Canola oil, meal demand rising with crush

May. 25, 2010 at 11:04 pm CDT

(Resource News International) — Canada’s canola crush is expected to hit a new record in the upcoming 2010-11 crop year, as additional capacity comes online. That increased crush pace will result in more canola oil and meal to be marketed, but industry officials were confident the demand would be there […]

By Phil Franz-Warkentin

Canola crush margins improve, but still rangebound

May. 25, 2010 at 3:50 pm CDT

(Resource News International) –– The sharp weakness in the Canadian dollar over the past week has allowed domestic crush margins to see some improvement. However, canola futures have also shown some strength, limiting the potential gains in the crush. Canola crush margins relative to the nearby July contract have improved […]

By Phil Franz-Warkentin