Insights and Stories of Phil Franz-Warkentin

Canola basis firm, but likely not for long

Sep. 10, 2009 at 5:22 pm CDT

(Resource News International) — Canola basis levels should remain strong over the next few weeks, but could start to deteriorate once more of the harvest is complete and producers increase their deliveries. While old-crop canola supplies are large and new-crop production is starting to come off the fields, one canola […]

Large grain stocks bearish for barley, oats

Sep. 9, 2009 at 3:36 pm CDT

By Phil Franz-Warkentin

Ethanol providing floor for feed wheat

Sep. 8, 2009 at 4:26 pm CDT

By Phil Franz-Warkentin

Improved yield prospects to weigh on canola

Sep. 2, 2009 at 10:57 pm CDT

By Phil Franz-Warkentin

Oats show strength under old-crop pressure

Aug. 26, 2009 at 5:42 pm CDT

By Phil Franz-Warkentin

Flaxseed bids eroding below canola

Aug. 25, 2009 at 3:44 pm CDT

(Resource News International) — Expectations for a large Canadian flaxseed crop should weigh on prices and should eventually put the product at a discount to canola. In production estimates released Tuesday, Statistics Canada pegged the 2009-10 Canadian flaxseed crop at 915,000 tonnes, which would be up from 861,100 tonnes the […]

By Phil Franz-Warkentin

Man. soybeans in good shape, but late

Aug. 24, 2009 at 4:25 pm CDT

(Resource News International) –– Manitoba’s soybean crops are in good shape, but are behind in their development and will need the killing frost to hold off until the end of September, according to a soybean merchant in the province’s south-central region. “Things look OK,” said Mark Jorgensen of Delmar Commodities, […]

By Phil Franz-Warkentin

Premiums could erode on canola without frost

Aug. 21, 2009 at 5:21 pm CDT

(Resource News International) — Canola bids in Western Canada have a frost premium built into them that could erode if the crops make it through to harvest without significant damage, according to one analyst. Strong crusher demand, however, will keep basis levels firm even if prices decline, he added. Canola […]

By Phil Franz-Warkentin

Barley values pressured by cheap feed imports

Aug. 20, 2009 at 5:23 pm CDT

(Resource News International) — Feed barley prices in Western Canada will likely see more downside, despite expectations for a smaller Canadian barley crop. That’s according to an Alberta feed grains broker who expected imports of cheaper U.S. corn and distillers dried grains to continue to weigh on prices. A seasonal […]

By Phil Franz-Warkentin

Ethanol plants a likely home for feed wheat

Aug. 10, 2009 at 5:13 pm CDT

Any excess feed wheat grown in Western Canada this year should be able to find a home as an ethanol feedstock, according to an official with Husky Energy, although he says the company’s plants can use a wide variety of grains and will be in the market on a day-to-day […]

By Phil Franz-Warkentin