Adam Peleshaty

Stonewall

Reporter at MarketsFarm

Reporter at MarketsFarm (@MarketsFarm). Views are my own. He/him. adampeleshaty(at)gmail(dot)com

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Articles

Manitoba Crop Report: Dry conditions speed up planting

1 week ago | agcanada.com | Adam Peleshaty

Glacier FarmMedia | MarketsFarm – Dryness throughout most growing areas of Manitoba accelerated seeding progress during the week ended May 25. So far, 85 per cent of projected acres were planted by Manitoba farmers, well above the 57 per cent reported the week before. One year ago, 64 per cent of acres were planted, while the five-year average was 69 per cent. Most places received very little precipitation over the past week.
All rallies must come to an end; the canola market might be headed that way

2 weeks ago | manitobacooperator.ca | Adam Peleshaty

Canola’s rally on the ICE Futures market over the past two months seems to have hit a snag. The July contract failed to spend much time above the $720 per tonne mark during the week ended May 22. Despite hitting a contract high of $735.40 on May 14, it only surpassed $720 on May 20 and 21 since. Meanwhile, new crop contracts hit resistance at the $700 level. Still, the July and November contracts have remained above their 20-day moving averages since April 1.
Saskatchewan Crop Report: Seeding ahead of average pace

1 month ago | agcanada.com | Adam Peleshaty

Glacier FarmMedia | MarketsFarm — Warm, dry weather has allowed growers in Saskatchewan to get ahead in spring seeding. Farmers in the province have planted 18 per cent of the expected 2025 crop as of May 5, as reported in the province’s first crop report of the season released on May 8. The five-year average at this time of year was 10 per cent, while the 10-year average was 12 per cent.
Canola climbs higher but faces obstacles

1 month ago | producer.com | Adam Peleshaty

Glacier FarmMedia – The July canola contract on the Intercontinental Exchange reached a significant price level during the week ended May 1. The July contract climbed above $700 during the week before running into resistance and backing away. The contract still gained more than $130 per tonne in slightly more than six weeks to trade well above most major moving averages.
Canola market climbs higher, but faces obstacles

1 month ago | manitobacooperator.ca | Adam Peleshaty

The July canola contract on the Intercontinental Exchange reached a significant price level during the week ended May 1. The July contract climbed above $700 during the week, before running into resistance and backing away. The contract still gained more than $130 per tonne in just over six weeks, to trade well above most major moving averages.
Feed Grain Weekly: More grain purchased before seeding starts

1 month ago | agcanada.com | Adam Peleshaty

Glacier FarmMedia | MarketsFarm — A respite from tariffs on U.S. imports has resulted in feedlots purchasing more grain as of late, said a trader. Evan Peterson of JGL Commodities in Moose Jaw, Sask. added that the reprieve from tariffs has also allowed cattle to move more freely across the Canada/United States border, creating the need for more grain. “It’s making these guys a little bit comfortable to buy some grain and to put some cattle on the books again too,” he said.
Canola poised for breakthrough despite tariffs

1 month ago | manitobacooperator.ca | Adam Peleshaty

The past week will go down as one of the most erratic in the modern history of global trade. Just one week after United States President Donald Trump announced reciprocal tariffs on goods from the rest of the world, on April 9 he suspended those duties for 90 days, leaving the 10 per cent baseline levy and boosting the markets. After China retaliated by increasing its tariffs on imports of U.S. goods to 84 per cent, Trump returned fire by boosting duties on Chinese goods to 125 per cent.
ICE Canola Weekly: Canola prices rise despite trade wars

2 months ago | agcanada.com | Adam Peleshaty

Glacier FarmMedia — In the middle of trade wars between the United States and seemingly every other country on Earth where tariff rates can change from one day to the next, canola prices on the Intercontinental Exchange fared remarkably well for the week ended April 9.
Latest tariff news brings short sigh of relief for canola

2 months ago | manitobacooperator.ca | Adam Peleshaty

When United States President Donald Trump announced that nearly every country in the world was subject to new tariffs on April 2, Canada and Mexico weren’t on the list. That’s because the U.S. decided to leave previous tariffs against their neighbours on the books and left products under the Canada-U.S.-Mexico Agreement unaffected — for now. For Canada’s canola market, it was the best news in weeks.
Tariffs continue to pressure canola prices

2 months ago | manitobacooperator.ca | Adam Peleshaty

The Canadian canola market was hit with a double whammy of sorts on March 7. Hours after trading ended for the day at the Intercontinental Exchange, China announced it was exacting its delayed revenge against Canadian tariffs put in place last year on its electric vehicles, steel and aluminum by imposing 100 per cent tariffs on Canadian canola oil and meal, and other goods including pork and seafood.