Insights and Stories of Phil Franz-Warkentin

ICE weekly outlook: Canola runs into headwind

Feb. 15, 2017 at 5:47 pm CST

CNS Canada — ICE Futures Canada canola contracts are running into major upside resistance from a chart standpoint, with a turn lower more likely than additional gains in the near term. “The demand component for canola remains quite strong, although domestic crush margins have diminished,” said Mike Jubinville of ProFarmer […]

‘Mini-harvest’ likely to weigh on feed grains

Feb. 14, 2017 at 4:41 pm CST

By Phil Franz-Warkentin

Ocean freight rates pointed down, but well off year-ago lows

Feb. 10, 2017 at 3:24 pm CST

By Phil Franz-Warkentin

CBOT weekly outlook: South American weather still key for soy, corn

Feb. 8, 2017 at 4:22 pm CST

By Phil Franz-Warkentin

Durum acres to decline in 2017

Feb. 3, 2017 at 7:44 pm CST

By Phil Franz-Warkentin

StatsCan canola stocks in line with expectations

Feb. 3, 2017 at 11:16 am CST

CNS Canada –– Canadian canola stocks may be tighter than a year ago and wheat stocks larger — but the updated numbers from Statistics Canada may also need more asterisks than normal. StatsCan, in a report released Friday, pegged Canadian canola supplies as of Dec. 31 at 12.159 million tonnes, […]

By Phil Franz-Warkentin

ICE weekly outlook: Canola pointed lower

Feb. 1, 2017 at 6:02 pm CST

CNS Canada — ICE Futures Canada canola contracts saw a bit of a corrective bounce on Wednesday but their overall trend remains pointed lower, with the winter highs possibly in for now, according to an analyst. “The technical and the fundamentals are pointing down,” said Errol Anderson of Pro Market […]

By Phil Franz-Warkentin

Wheat, durum exports running behind average

Jan. 27, 2017 at 6:45 pm CST

CNS Canada — Canadian wheat and durum exports are running well behind the year-ago pace, despite the country’s larger production. Canadian wheat exports during the crop-year-to-date of 6.56 million tonnes compare with 8.12 million at the same point a year ago and the five-year average for week 25 of the […]

By Phil Franz-Warkentin

Canola crush margins tumble

Jan. 26, 2017 at 3:35 pm CST

CNS Canada — Canola crush margins dropped by more than $30 per tonne over the past two weeks, which may be putting a damper on end-user demand. As of Thursday, the Canola Board Crush Margins calculated by ICE Futures Canada were at about $100 above the March contract, which compares […]

By Phil Franz-Warkentin

Canada’s oat acres look to rise in 2017

Jan. 25, 2017 at 7:30 pm CST

CNS Canada –– Canadian oat acres will likely be up in 2017, as relatively favourable cash prices draw in interest from producers, according to an oats merchandiser. Chicago Board of Trade (CBOT) oat futures have climbed sharply higher over the past month, but are still trading at a discount to […]

By Phil Franz-Warkentin