Insights and Stories of Phil Franz-Warkentin

Feb. 28, 2019 at 4:41 pm CST

Tightening feed barley supplies in Western Canada have end-users looking to alternatives, with cheaper U.S. corn imports likely to keep a lid on prices. “Barley stocks are tight, so the market is trying to ration the amount of barley being used and it’s doing a pretty good job of that,” […]

By Phil Franz-Warkentin

Feb. 27, 2019 at 7:27 pm CST

ICE canola futures fell to fresh contract lows during the week ended Wednesday and could be due for more losses with little supportive news on the horizon. “Unfortunately the technicals and fundamentals are tremendously bearish,” said analyst Wayne Palmer of Exceed Grain Marketing, adding “fresh contract lows breed fresh contract […]

By Phil Franz-Warkentin

Feb. 27, 2019 at 7:13 pm CST

Movement in grain and oilseed futures at the Chicago Board of Trade remains highly dependent on developments in trade talks between the U.S. and China. China-U.S. trade negotiations have provided some sporadic support for the futures, but there have yet to be any concrete developments. While confirmation of an actual […]

By Phil Franz-Warkentin

Feb. 22, 2019 at 8:18 pm CST

Canadian canola exports continue to lag behind the year-ago pace, with large supplies in the commercial pipeline, according to the latest weekly data from the Canadian Grain Commission. Canada only exported 69,900 tonnes of canola during the week ended Sunday, well below the 205,500 tonnes that moved the previous week. […]

By Phil Franz-Warkentin

Feb. 21, 2019 at 5:59 pm CST

The Baltic Dry Index (BDI) has dropped sharply over the past two months, as declining global demand for commodities — especially from China — weighed on the economic indicator. The BDI, compiled daily by the London-based Baltic Exchange, provides an assessment of the price of moving major raw materials by […]

By Phil Franz-Warkentin