Insights and Stories of Phil Franz-Warkentin

USDA cuts corn ending stocks estimate, soybeans unchanged

Dec. 10, 2024 at 12:01 pm CST

Corn ending stocks in the United States will be tighter than earlier projections due to increased exports and demand from ethanol producers, according to updated supply/demand estimates from the U.S. Department of Agriculture released Dec. 10. The projected wheat carryout was also revised lower, while soybean stocks were unchanged.

India top destination for Canadian peas/lentils through October

Dec. 10, 2024 at 10:48 am CST

By Phil Franz-Warkentin

Thunder Bay grain movement stays strong through November

Dec. 9, 2024 at 2:52 pm CST

By Phil Franz-Warkentin

Bearish speculative bets rise in canola futures

Dec. 9, 2024 at 11:02 am CST

By Phil Franz-Warkentin

ICE canola weekly outlook: Politics driving trade

Dec. 4, 2024 at 3:39 pm CST

By Phil Franz-Warkentin

Detail from the front of the CBOT building in Chicago.

CBOT weekly: Soybeans/corn to trade sideways

Nov. 27, 2024 at 2:51 pm CST

Soybean and corn futures at the Chicago Board of Trade are expected to hold rangebound and trade sideways through the holiday season, as market participants wait to get a better handle on what trade policies proposed by United States President-elect Donald Trump may mean for the commodities in the new year.

By Phil Franz-Warkentin

Agfinity declares bankruptcy

Nov. 26, 2024 at 3:29 pm CST

Agfinity Inc. officially filed for bankruptcy on Nov. 25, just over a month since the Alberta grain brokerage shut down operations and laid off employees.

By Phil Franz-Warkentin

Pulse weekly: U.S. tariffs could alter Canadian pulse movement

Nov. 26, 2024 at 2:21 pm CST

Canadian pulse exporters have plenty of experience dealing with shifting trade policies from India, but increased tariffs from closer to home could alter export movement in 2025.

By Phil Franz-Warkentin

ICE canola weekly outlook: Futures drop as demand fades

Nov. 20, 2024 at 4:08 pm CST

The ICE Futures canola market dropped to its lowest levels in a month on Nov. 20, with future moves likely dependent on what happens in outside markets.

By Phil Franz-Warkentin

Agfinity shuttered, new brokerage facing online questions

Nov. 18, 2024 at 2:34 pm CST

Stony Plain, Alta. grain broker Agfinity laid off employees and started the process of declaring bankruptcy in mid-October, according to former employees. Three former employees are working at launching a new brokerage firm, Grain Gateway Canada, but have run into some strangeness online.

By Phil Franz-Warkentin