Insights and Stories of Phil Franz-Warkentin

ICE weekly outlook: Sideways canola seeks spark

Jan. 31, 2018 at 5:29 pm CST

CNS Canada — ICE Futures Canada canola contracts remain stuck within a sideways trading range awaiting a spark that would push values one way or the other. “We could have had this conversation two months ago… canola is refusing to budge from a range,” analyst Mike Jubinville of ProFarmer Canada […]

Cash oats steady despite climb in futures

Jan. 25, 2018 at 5:25 pm CST

By Phil Franz-Warkentin

CBOT weekly outlook: Falling greenback boosts U.S. grains

Jan. 24, 2018 at 2:14 pm CST

By Phil Franz-Warkentin

Prairie grain movement not perfect, but not in crisis

Jan. 22, 2018 at 6:07 pm CST

By Phil Franz-Warkentin

Funds building large net short position in canola

Jan. 18, 2018 at 5:15 pm CST

By Phil Franz-Warkentin

ICE weekly outlook: Sideways canola looks for direction

Jan. 17, 2018 at 4:46 pm CST

CNS Canada — ICE Futures Canada canola contracts remain stuck in a sideways trading pattern, with little hint of which way values will eventually break. Canola “is getting tugged from different sources,” said Ken Ball of PI Financial in Winnipeg, adding that “it could go up or down $5 depending […]

By Phil Franz-Warkentin

Steady to lower durum market expected

Jan. 12, 2018 at 12:07 pm CST

CNS Canada — Larger-than-expected production, a seasonal slowdown in demand and looming Italian country-of-origin-labeling regulations all loom over the Canadian durum market, with steady to lower prices anticipated over the next few months. Italian COOL regulations are set to come into effect in mid-February and require pasta makers in the […]

By Phil Franz-Warkentin

More snow lately over the Sahara than the Prairies

Jan. 12, 2018 at 1:49 am CST

CNS Canada — Parts of the Sahara Desert received rare snowfall over the past week, with up to 40 cm falling in the Algerian desert town of Ain Sefra. That freak snow — only the third time in 40 years — made for some fantastic photographs before melting, but would […]

By Phil Franz-Warkentin

CBOT weekly outlook: Markets await USDA reports

Jan. 10, 2018 at 6:51 pm CST

CNS Canada — Updated production, stocks and acreage numbers due out from the U.S. Department of Agriculture on Friday should provide some nearby direction for U.S. grain and oilseed markets. “I can’t really get too bullish on the bean market with the large USDA estimates hanging over our heads,” said […]

By Phil Franz-Warkentin

ICE Canada Weekly Outlook: Canola stuck in sideways pattern

Jan. 4, 2018 at 9:42 am CST

CNS Canada – ICE Futures Canada canola contracts may be showing some strength to start the New Year, but the overall trend remains sideways, according to an analyst. “Everything is hovering around C$500, which has been a magnet for the past year-and-a-half,” said David Derwin, Commodities Investment Advisor with PI […]

By Phil Franz-Warkentin