Insights and Stories of Phil Franz-Warkentin

Flax crops look good, prices pressured

Jul. 28, 2009 at 1:50 pm CDT

(Resource News International) — Flaxseed crops in Manitoba and Saskatchewan are in good shape for the time being, and prospects for a large crop should keep prices under pressure, according to market sources. “Right now, if the weather stays positive, the flax crops look fantastic,” said Richard Zacharias, general manager […]

Canola cash bids erode with futures

Jul. 27, 2009 at 4:33 pm CDT

By Phil Franz-Warkentin

Potential feed wheat supplies weigh on market

Jul. 16, 2009 at 5:06 pm CDT

By Phil Franz-Warkentin

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

Jul. 16, 2009 at 5:02 pm CDT

By Phil Franz-Warkentin

Alta. crops slow developing, more eyed as forage

Jul. 15, 2009 at 2:17 pm CDT

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

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. […]

By Phil Franz-Warkentin

Harvest weakness likely in mustard

Jul. 9, 2009 at 9:40 am CDT

(Resource News International) — Mustard bids in Western Canada have held reasonably steady over the past month, but could see some weakness over the next few months if crop conditions remain reasonably favourable. “It’s raining as we speak,” said Baine Fritzler, chair of the Saskatchewan Mustard Development Commission, on Wednesday […]

By Phil Franz-Warkentin

More upside unlikely for Prairie barley

Jul. 6, 2009 at 6:07 pm CDT

(Resource News International) — Feed barley bids in Western Canada have moved higher over the past few weeks, as dry weather in Alberta has led to some concern about yields, while also increasing demand due to tight forage supplies. However, prices may be nearing their upper limit and could start […]

By Phil Franz-Warkentin

New ICE barley futures seen improving discovery

Jul. 6, 2009 at 4:12 pm CDT

(Resource News International) — The newly revised western barley contracts on the ICE Futures Canada platform are slowly building their open interest and are expected to eventually provide a better mechanism for price discovery and risk management. The revised barley contracts started trading June 2, with the November 2009 contract […]

By Phil Franz-Warkentin