Insights and Stories of Phil Franz-Warkentin

Sep. 23, 2016 at 3:48 pm CDT

CNS Canada — Canadian canola processors are running at close to full capacity, with a near record weekly crush posted during the week ended Wednesday. The weekly canola crush, during the week ending Sept. 21, hit 190,623 tonnes — the second largest on record, according to Canadian Oilseed Processors Association […]

By Phil Franz-Warkentin

Sep. 21, 2016 at 4:37 pm CDT

CNS Canada — Soybean futures at the Chicago Board of Trade moved higher during the week ended Wednesday, as a rally in soyoil, solid export demand and concerns over harvest delays across the U.S. Midwest all provided support. The U.S. soybean harvest was just getting started, with four per cent […]

By Phil Franz-Warkentin

Sep. 21, 2016 at 3:52 pm CDT

CNS Canada — ICE Futures Canada canola contracts moved higher during the week ended Wednesday, although prices remain rangebound overall as market participants continue to try and get a better handle on the size of this year’s Canadian crop. While seasonal harvest pressure may be tempering the upside potential, that […]

By Phil Franz-Warkentin

Sep. 20, 2016 at 12:13 pm CDT

CNS Canada — Statistics Canada’s second attempt at using satellite imagery to determine the size of the country’s crops is in line with trade guesses when it comes to canola — but market participants are still taking the new methodology with a grain of salt. The model-based principal field crop […]

By Phil Franz-Warkentin

Sep. 14, 2016 at 4:38 pm CDT

CNS Canada — A sharp drop in the U.S. hog futures over the past week is cutting into the profitability of the Canadian sector as well, with a turn higher unlikely in the near term. U.S. lean hog futures set new contract lows over the past week, as large North […]

By Phil Franz-Warkentin