Insights and Stories of Phil Franz-Warkentin

Feb. 10, 2025 at 11:58 am CST

Speculative fund traders were busy covering bearish bets and putting on new long positions during the first few days of February, taking the net short position in canola to its smallest level since September 2023, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

By Phil Franz-Warkentin

Feb. 5, 2025 at 3:35 pm CST

A pause on tariffs from the United States gave the canola market a boost during the first few trading days of February, although the outlook remains cloudy, and values ran into resistance on Feb. 5.

By Phil Franz-Warkentin

Feb. 3, 2025 at 4:12 pm CST

A looming trade war between Canada and the United States set to begin Feb. 4 will be postponed for at least another month, Prime Minister Justin Trudeau announced via social media late Monday, Feb. 3.

By Phil Franz-Warkentin

Jan. 31, 2025 at 3:08 pm CST

Live and fed cattle futures on the Chicago Mercantile Exchange posted small gains on Friday but ended the month off the contract highs hit earlier in the week.

By Phil Franz-Warkentin

Jan. 29, 2025 at 2:49 pm CST

Live and fed cattle futures on the Chicago Mercantile Exchange backed away from their contract highs on Wednesday, as chart-based positioning weighed on values.

By Phil Franz-Warkentin