Insights and Stories of Adam Peleshaty

Apr. 23, 2023 at 2:22 am CDT

MarketsFarm — Despite adverse weather conditions in both Canada and the U.S., as well as poor growing conditions south of the border, western Canadian wheat bids saw slight increases for the week ended Thursday. A spring snowstorm descended on eastern Saskatchewan, western Manitoba and North Dakota on Wednesday and Thursday, […]

By Adam Peleshaty

Apr. 20, 2023 at 2:30 pm CDT

MarketsFarm — The U.S. Department of Agriculture’s (USDA) attaché in Madrid is projecting an increase in grain production for the European Union (EU) in 2023-24. In USDA’s Global Agricultural Information Network (GAIN) report released Wednesday, the attaché pegged the EU’s 2023-24 grain production at 284.7 million tonnes, 17.9 million more […]

By Adam Peleshaty

Apr. 19, 2023 at 4:05 pm CDT

MarketsFarm — Severe weather in the U.S. as well as macroeconomic factors at home and abroad affected grain prices on the Chicago Board of Trade (CBOT) for the week ended Wednesday. Jack Scoville of Price Futures Group in Chicago said wet and cool weather across the U.S. Plains, Midwest and […]

By Adam Peleshaty

Apr. 14, 2023 at 8:12 pm CDT

MarketsFarm — A rising Canadian dollar helped lower western Canadian wheat bids for the week ended Thursday despite an array of supportive factors. As the central and southern U.S. Plains deal with severe drought in winter wheat-growing areas, a large snowpack in the northern Plains threatens to delay spring wheat […]

By Adam Peleshaty

Apr. 13, 2023 at 3:05 pm CDT

MarketsFarm — After months of declining prices, one trader is now seeing a “pop” in the feed barley market. Evan Peterson of JGL Commodities at Saskatoon explained that logistics issues caused transportation delays for barley and resulted in feedlots ordering more than they needed last fall — but by the […]

By Adam Peleshaty