Insights and Stories of Adam Peleshaty

Mar. 22, 2023 at 6:05 pm CDT

MarketsFarm — After losing $62 per tonne the week before, the May contract on the ICE Futures canola market extended its losses for the week ended Wednesday with little relief on the horizon. Winnipeg-based trader Jerry Klassen of Resilient Commodity Analysis said the massive selloff is the result of farmers […]

By Adam Peleshaty

Mar. 15, 2023 at 8:27 pm CDT

MarketsFarm — Macroeconomic factors caused plenty of distress on the Chicago Board of Trade (CBOT) for the week ended Wednesday. Already dealing with whether the U.S. Federal Reserve will continue to raise key interest rates, the collapse of California-based Silicon Valley Bank and concerns over Credit Suisse have rattled global […]

By Adam Peleshaty

Mar. 13, 2023 at 5:05 pm CDT

MarketsFarm — While the price of canary seed in Western Canada has come down over the past couple of years, there is optimism that acres devoted to the specialty grain will increase in 2023. David Nobbs, pulse merchant for Purely Canada Foods in Saskatoon and former chair of the Canary […]

By Adam Peleshaty

Mar. 10, 2023 at 8:15 pm CST

MarketsFarm — Hawkish comments from the chair of the U.S. Federal Reserve and the possible renewal of the Black Sea Grain Initiative brought down wheat futures on the Chicago Board of Trade (CBOT) for the week ended Thursday — and, in turn, pressured western Canadian wheat bids. In front of […]

By Adam Peleshaty

Mar. 9, 2023 at 7:55 pm CST

MarketsFarm — Copious amounts of corn are still being delivered to feedlots in southern Alberta despite slowly declining prices for other feed grains. “Corn is coming down over the last little bit,” Mike Fleischhauer of Eagle Commodities Ltd. in Lethbridge said. “You think that there would be a little bit […]

By Adam Peleshaty