Insights and Stories of Phil Franz-Warkentin

CBOT weekly outlook: Corn, soy trade watching South America

Dec. 21, 2017 at 12:15 pm CST

CNS Canada –– Seasonal holiday trade could lead to some choppiness in the Chicago Board of Trade soybean and corn markets over the next week, although the general bias will likely remain pointed lower in the New Year, barring a weather scare out of South America. “There’s a reluctance to […]

Bearish chart signals keep canola pointed lower

Dec. 18, 2017 at 6:27 pm CST

By Phil Franz-Warkentin

ICE weekly outlook: Canola sliding lower

Dec. 13, 2017 at 6:15 pm CST

By Phil Franz-Warkentin

Baltic Dry Index nears four-year highs

Dec. 4, 2017 at 5:19 pm CST

By Phil Franz-Warkentin

Larger crops expected in StatsCan report

Dec. 1, 2017 at 5:39 pm CST

By Phil Franz-Warkentin

ICE weekly outlook: Big canola supply counters big demand

Nov. 29, 2017 at 7:34 pm CST

CNS Canada — ICE Futures Canada canola contracts fell to their lowest levels in a month earlier this week, but appear to have found some support from a chart standpoint. Solid demand on the one hand is being countered by large supplies on the other. “The demand component is powerfully […]

By Phil Franz-Warkentin

Firm feed barley market capped by U.S. corn

Nov. 24, 2017 at 5:56 pm CST

CNS Canada — Feed barley bids in Alberta have shown some strength post-harvest and look to remain firm heading through the winter. However, the threat of U.S. corn imports will likely cap the upside. “Barley’s been on the rise here,” said Jared Seitz of Agfinity at Spruce Grove, Alta. Some […]

By Phil Franz-Warkentin

Speculative buying sees canola prices firm up

Nov. 20, 2017 at 2:30 pm CST

Winnipeg | CNS Canada – ICE Canada canola prices bounced around within a wide range during the week ended November 17, but finished on a firmer note as a rally in Chicago Board of Trade soybeans gave canola a boost. Any strength was largely tied to chart-based speculative buying, with […]

By Phil Franz-Warkentin

Fossil fuels here to stay… for now

Nov. 17, 2017 at 4:15 pm CST

Winnipeg | CNS Canada – Renewable sources of energy may be the future, but that future is not coming any time soon as fossil fuels will be needed to continue to power the world for generations, according to author and professor emeritus Vaclav Smil, speaking at the Grain World conference […]

By Phil Franz-Warkentin

ICE weekly outlook: Canola looks to soyoil wildcard

Nov. 16, 2017 at 7:07 pm CST

CNS Canada –– ICE Futures Canada canola bounced around within a rather wide range over the course of the week ended Wednesday, but could head higher if it gets help from U.S. soyoil. “The wildcard here is the (soy)bean oil market,” said Ken Ball of PI Financial in Winnipeg. While […]

By Phil Franz-Warkentin