Insights and Stories of Adam Peleshaty

Aug. 29, 2022 at 2:02 pm CDT

MarketsFarm — After 2021’s historic drought on the Prairies caused crop production to fall to historic lows, the 2022 harvest has mostly bounced back to pre-drought levels, according to Statistics Canada. StatCan on Monday released its July 2022 satellite image-based principal field crop production estimates, which confirmed analysts’ expectations that […]

By Adam Peleshaty

Aug. 25, 2022 at 8:14 pm CDT

MarketsFarm — The barley harvest has already started in Alberta and prices continue to ease downward, according to one trader. “Around Lethbridge, they seem to have a good portion done,” said Erin Harakal, trade manager for Agfinity Inc. at Stony Plain, Alta. “Some areas in the north are starting, as […]

By Adam Peleshaty

Aug. 25, 2022 at 8:00 pm CDT

MarketsFarm — Analysts are expecting Canadian crop production totals for the 2022-23 marketing year to be substantially higher compared to drought-stricken 2021-22, but still not enough to fully replenish supplies. Statistics Canada (StatCan) will publish its first satellite image model-based yield and production estimates for principal field crops on Monday. […]

By Adam Peleshaty

Aug. 24, 2022 at 3:26 pm CDT

MarketsFarm — Reduced corn yields and a lower amount of soybean pods compared to the last few years were two major findings by the Pro Farmer Midwest Crop Tour, which started on Tuesday and ends Friday. In turn, prices for both crops on the Chicago Board of Trade (CBOT) have […]

By Adam Peleshaty

Aug. 17, 2022 at 6:07 pm CDT

MarketsFarm — An unexpectedly bearish supply/demand report from the U.S. Department of Agriculture (USDA) last Friday is still putting pressure on crop prices nearly a week later, according to one trader. In the department’s WASDE report, the estimated average yield for corn was revised downward from the month before by […]

By Adam Peleshaty