Insights and Stories of Phil Franz-Warkentin

Canola basis unlikely to see much improvement

Nov. 5, 2009 at 4:19 pm CST

(Resource News International) — Canola bids in Western Canada saw some improvement over the past week, although basis levels are still not as firm as they were before the news broke in October that China would require shipments to be blackleg-free after Nov. 15. FarmLink Marketing Solutions analyst Darren Frank […]

Flax shows modest strength, GM issue weighs

Nov. 3, 2009 at 6:34 pm CST

By Phil Franz-Warkentin

Oats flat for now, but future gains likely

Oct. 29, 2009 at 5:17 pm CDT

By Phil Franz-Warkentin

Large chunk of Prairie canola crop still in fields

Oct. 28, 2009 at 11:27 am CDT

By Phil Franz-Warkentin

Barley bids rising, but nearing top

Oct. 27, 2009 at 5:58 pm CDT

By Phil Franz-Warkentin

Canada working to resolve canola issue with China

Oct. 23, 2009 at 4:49 pm CDT

(Resource News International) — The Canadian government says it’s actively working to find a quick resolution to a trade issue with China that could jeopardize canola shipments to the country. The Canadian Food Inspection Agency (CFIA) received notice from China earlier this week that blackleg was found in two shipments […]

By Phil Franz-Warkentin

Prairie winter wheat acres down: CWB

Oct. 22, 2009 at 5:49 pm CDT

(Resource News International) — A delayed harvest across most areas of Western Canada this fall is seen as likely to have cut into the area seeded to winter wheat. A Canadian Wheat Board official notes many producers were still busy with the harvest at the time they would normally be […]

By Phil Franz-Warkentin

China to impose new regulations on Canadian canola

Oct. 22, 2009 at 4:51 pm CDT

(Resource News International) — The Canadian Food Inspection Agency (CFIA) has scheduled a conference call with the grain trade for Friday morning to potentially discuss new regulations on canola business to China, industry participants confirmed. Debbie Belanger, manager of communications with the Canola Council of Canada, said the council learned […]

By Phil Franz-Warkentin

GM issue keeps flax bids under pressure

Oct. 16, 2009 at 4:34 pm CDT

(Resource News International) — The flaxseed cash market in Western Canada remains under pressure by absence of European demand, and will likely stay that way until the situation in Europe is resolved, or new markets are found. Canada has been unable to sell flaxseed to its biggest customers in Europe […]

By Phil Franz-Warkentin

Cash oats bids well supported

Oct. 15, 2009 at 6:21 pm CDT

(Resource News International) — Oats prices have moved higher over the past month, both in the CBOT futures and in the western Canadian cash market. An oats merchant thought tightening supplies and the need to encourage acres next spring would keep values supported going forward, although movements in outside financial […]

By Phil Franz-Warkentin