Insights and Stories of Phil Franz-Warkentin

Lentil market quiet, awaiting harvest

Aug. 7, 2009 at 3:25 pm CDT

The lentil market in Western Canada is quiet for the time being, with many unknowns ahead of the harvest keeping both buyers and sellers to the sidelines, says a trader who expects crop conditions will likely mean below-average yields.Lentil crops are late due to cool temperatures throughout the growing season, […]

CWB sees large 2008-09 sales, less in ’09-10

Jul. 31, 2009 at 12:17 am CDT

By Phil Franz-Warkentin

Man. oats in good shape, frost a concern

Jul. 30, 2009 at 12:01 am CDT

By Phil Franz-Warkentin

Man. oats in good shape, frost a concern

Jul. 30, 2009 at 12:00 am CDT

By Phil Franz-Warkentin

Flax crops look good, prices pressured

Jul. 28, 2009 at 1:50 pm CDT

By Phil Franz-Warkentin

Canola cash bids erode with futures

Jul. 27, 2009 at 4:33 pm CDT

(Resource News International) — Canola bids in Western Canada continue to move lower along with the futures. However, basis levels have shown some improvement as end-users are seen still needing to cover their commitments. Canola cash prices are currently in the $9 per bushel range across most of Western Canada, […]

By Phil Franz-Warkentin

Potential feed wheat supplies weigh on market

Jul. 16, 2009 at 5:06 pm CDT

(Resource News International) — Current growing conditions in Western Canada may lead to a larger than normal portion of the wheat crop grading as feed, which trade sources predict should keep the bias in the market to the downside. A Winnipeg-based feed grains broker said the jury was still out […]

By Phil Franz-Warkentin

End of EU dispute seen as gain for Canada’s canola

Jul. 16, 2009 at 5:02 pm CDT

(Resource News International) — The formal end of Canada’s trade dispute with the European Union over genetically modified organisms (GMOs), announced Wednesday, is seen as a benefit for the country’s canola sector. “The Canadian government has worked really hard on this and we really appreciate all their efforts,” JoAnne Buth, […]

By Phil Franz-Warkentin

Alta. crops slow developing, more eyed as forage

Jul. 15, 2009 at 2:17 pm CDT

(Resource News International) — Slow crop development across much of Alberta could result in many grain and oilseed fields going to forage instead of being harvested, according to a provincial crop specialist. Most of Alberta benefited from at least an inch of rain over the past week, said Harry Brook, […]

By Phil Franz-Warkentin

Canaryseed rangebound, but more upside likely

Jul. 13, 2009 at 5:41 pm CDT

(Resource News International) — Canaryseed values in Western Canada have traded within a rather narrow range since the fall, but could eventually find some support from ideas that supplies will be tighter in 2009-10. Farmers in Saskatchewan, where the bulk of Canada’s canaryseed is grown, seeded 300,000 acres this spring, […]

By Phil Franz-Warkentin