Insights and Stories of Phil Franz-Warkentin

Jan. 31, 2024 at 6:00 pm CST

Cargo movement through the St. Lawrence Seaway was up by more than 3.4 per cent in 2023 compared to the previous year, with nearly 38 million tonnes of cargo moved through the binational system, according to a joint report from the Canadian St. Lawrence Seaway Management Corporation (SLMC) and the United States Great Lakes St. Lawrence Development Corporation (GLS).

By Phil Franz-Warkentin

Jan. 31, 2024 at 12:49 pm CST

Warmer than normal temperatures are expected to continue across all of Canada through the next three months, according to the latest long-range seasonal forecast from Environment and Climate Change Canada, released Jan. 31.

By Phil Franz-Warkentin

Jan. 30, 2024 at 2:36 pm CST

India may be looking at a record large red lentil crop in 2023/24, although poor monsoon rains are expected to cut into total pulse area and production, according to reports out of the country.

By Phil Franz-Warkentin

Jan. 29, 2024 at 11:37 am CST

Managed money fund traders only made small adjustments to their large net short position in canola futures during the week ended Jan. 23, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

By Phil Franz-Warkentin

Jan. 24, 2024 at 4:43 pm CST

ICE Futures canola contracts continued to show some modest strength during the week ended Jan. 24, as the market stabilized above the lows hit earlier in the month. However, whether the uptrend continues or canola retreats to fresh lows remains to be seen.

By Phil Franz-Warkentin