Insights and Stories of Phil Franz-Warkentin

CBOT weekly outlook: Harvest pressure to weigh on soy, corn

Sep. 27, 2017 at 7:00 pm CDT

CNS Canada — U.S. harvest operations are just getting started, which should keep soybean and corn futures at the Chicago Board of Trade under pressure over the next few weeks. Both commodities are expected to “grind a little lower” over the next few weeks, according to Terry Reilly of Futures […]

ICE weekly outlook: Canola rangebound, watching harvest

Sep. 20, 2017 at 6:10 pm CDT

By Phil Franz-Warkentin

StatsCan’s model-based estimates confirm larger crops

Sep. 19, 2017 at 2:19 pm CDT

By Phil Franz-Warkentin

Canadian canola deliveries reported near record

Sep. 16, 2017 at 11:29 am CDT

By Phil Franz-Warkentin

CBOT weekly outlook: Strong demand to underpin soy, corn

Sep. 13, 2017 at 5:12 pm CDT

By Phil Franz-Warkentin

Baltic Dry Index hits three-year highs

Sep. 12, 2017 at 6:47 pm CDT

CNS Canada — The Baltic Dry Index has seen some strength over the past two months, rising to its highest levels in nearly three years. The BDI settled Monday at 1,355 points, having gained roughly 500 points over the past two months. The index was last this high in November […]

By Phil Franz-Warkentin

Canola charts looking bearish

Sep. 11, 2017 at 7:35 pm CDT

CNS Canada –– ICE canola futures are looking bearish from a chart standpoint, with the November contract settling at its lowest point in more than two months on Monday at $485.70 per tonne. After declining about $25 per tonne over the past three weeks, the general trend still remains pointed […]

By Phil Franz-Warkentin

ICE weekly outlook: Canola rangebound at harvest time

Sep. 6, 2017 at 4:53 pm CDT

CNS Canada — ICE Futures Canada canola futures remain stuck in a rather narrow range, with seasonal harvest pressure weighing on the one side while solid demand provides support on the other side. “We’ve been in a sideways trading environment for 2-1/2 years, and I don’t see that changing,” said […]

By Phil Franz-Warkentin

Traders look to new crop following StatsCan stocks estimates

Sep. 6, 2017 at 2:09 pm CDT

CNS Canada — Canadian canola stocks were relatively tight at the close of the 2016-17 crop year, which should be underpinning the market as the trade works to get a better handle on new-crop production. In a report released Wednesday, Statistics Canada pegged Canadian canola supplies as of July 31 […]

By Phil Franz-Warkentin

Visible Canadian canola stocks tightest in four years

Sep. 1, 2017 at 7:21 pm CDT

CNS Canada — Canola supplies in commercial hands in Canada dropped to their tightest level in four years, according to the latest data from the Canadian Grain Commission for the week ended Sunday. Visible canola supplies, at 511,500 tonnes, are down from the already tight level of 556,700 posted the […]

By Phil Franz-Warkentin