Insights and Stories of Phil Franz-Warkentin

Jan. 8, 2025 at 1:48 pm CST

South American weather forecasts, positioning ahead of the Jan. 10 United States Department of Agriculture supply/demand report and uncertainty over trade policies under the incoming Trump administration were all influencing the Chicago grain and oilseed markets during the first days of 2025.

By Phil Franz-Warkentin

Jan. 7, 2025 at 3:18 pm CST

Cattle futures at the Chicago Mercantile Exchange continued to rise Tuesday. Most active February live cattle futures ended up 0.375 cents per pound at 195.575 cents a pound. Values hit fresh highs in many months, although ideas the market was looking overbought tempered the advances.

By Geralyn Wichers, Phil Franz-Warkentin

Jan. 6, 2025 at 2:51 pm CST

Live cattle futures on the Chicago Mercantile Exchange were stronger Monday, hitting fresh contract highs in many months as forecasts calling for cold temperatures across United States ranching areas raised concerns over reduced weight gains for grazing cattle.

By Phil Franz-Warkentin

Dec. 30, 2024 at 8:01 am CST

Grain and oilseed markets had their ups and downs in 2024, with wars, labour unrest, trade disputes and politics often providing more direction than the traditional supply/demand fundamentals. 

By Phil Franz-Warkentin

Dec. 18, 2024 at 3:59 pm CST

The ICE Futures canola market fell sharply lower during the week ended Dec. 18, as bearish technical signals and losses in the Chicago soy complex weighed on values.

By Phil Franz-Warkentin