Insights and Stories of Phil Franz-Warkentin

Tightening oat stocks to underpin market

Jul. 9, 2009 at 5:56 pm CDT

(Resource News International) — Expectations for tighter supplies down the road should keep oats reasonably supported compared to other grains. “For the long-term, oats are fundamentally bullish,” said Ryan McKnight of Linear Grain at Carman, Man., noting that the carryout for 2009-10 is expected to be below the five-year average. […]

Harvest weakness likely in mustard

Jul. 9, 2009 at 9:40 am CDT

By Phil Franz-Warkentin

More upside unlikely for Prairie barley

Jul. 6, 2009 at 6:07 pm CDT

By Phil Franz-Warkentin

New ICE barley futures seen improving discovery

Jul. 6, 2009 at 4:12 pm CDT

By Phil Franz-Warkentin

Edible pea market watching weather

Jul. 2, 2009 at 4:27 pm CDT

By Phil Franz-Warkentin

Sask. gets much-needed rain, in some cases too late

Jun. 22, 2009 at 6:03 pm CDT

(Resource News International) — Widespread rainfall over the weekend provided much-needed precipitation for some of the drier areas of Saskatchewan. But the moisture may have come too late for some crops and was all but non-existent in most of the dry areas of Alberta, Bruce Burnett, head of the Canadian […]

By Phil Franz-Warkentin

Poor growing conditions seen boosting mustard values

Jun. 17, 2009 at 4:41 pm CDT

(Resource News International) — Mustard prices in Western Canada have held reasonably steady over the past month, but could be poised to climb higher given the adverse growing conditions in prime mustard-growing regions of Alberta and Saskatchewan. “We’re in quite a dilemma because of the lateness and the dryness of […]

By Phil Franz-Warkentin

Oats bids lag futures, could go lower

Jun. 9, 2009 at 1:49 am CDT

(Resource News International) — Cash oats bids in Western Canada have shown some strength over the past month, but have lagged Chicago Board of Trade (CBOT) oats futures considerably. With the futures dropping in recent days, cash values could also be due to turn lower, although to a lesser extent, […]

By Phil Franz-Warkentin

Changes predicted for barley on Winnipeg’s ICE

Jun. 3, 2009 at 6:23 pm CDT

(Resource News International) — The thinly-traded western barley futures on the ICE Futures Canada platform may see some changes in the near future in an attempt to bring more trading interest to the commodity. Open interest in the barley futures market has steadily eroded over the past few months. Currently […]

By Phil Franz-Warkentin

Alberta crops need rain, heat

Jun. 3, 2009 at 5:02 pm CDT

(Resource News International) — Spring seeding is mostly complete in Alberta, but producers there are now in desperate need of rain and warmer temperatures to help the crops along, according to a provincial crops specialist. “This might not be the year to grow corn, let’s put it that way,” Harry […]

By Phil Franz-Warkentin