Insights and Stories of Adam Peleshaty

Feb. 22, 2022 at 4:39 pm CST

MarketsFarm — A further tightening in Canada’s mustard supply is the main culprit in recent price spikes for the seed. Yellow mustard in Western Canada has a high-delivered bid of $1.61/lb., up 10 cents from last month and $1.18 higher than last year, according to Prairie Ag Hotwire data. Over […]

By Adam Peleshaty

Feb. 16, 2022 at 7:10 pm CST

MarketsFarm — Conflicting reports and accounts from the ongoing geopolitical tensions between Russia and Ukraine have had an effect on the markets, especially on the Chicago Board of Trade (CBOT), over the past week. The March Chicago wheat contract had ranged from $7.65 to $8.15 per bushel during the week, […]

By Adam Peleshaty

Feb. 11, 2022 at 2:04 pm CST

MarketsFarm — New supply data from both sides of the Canada/U.S. border, as well as ongoing drought in wheat growing regions, have supported western Canadian wheat bids for the week ended Thursday. The U.S. Department of Agriculture released its monthly supply/demand estimates on Wednesday and cut its projected global wheat […]

By Adam Peleshaty

Feb. 10, 2022 at 7:20 pm CST

MarketsFarm — Corn has become the primary feed grain in Alberta feedlots due to its lower price compared to barley and wheat. However, rising corn prices in the U.S. and transportation issues are causing some buyers to give pause. “Basic levels are a little bit stronger. (Add in) the exchange […]

By Adam Peleshaty

Feb. 9, 2022 at 4:53 pm CST

MarketsFarm — Major U.S. agribusiness ADM released a report Tuesday identifying the seven biggest trends in the alternative protein market, ranging from creating new protein sources from fungi to making plant-based meat substitutes more affordable and palatable to the general public. The seven trends in the report were: introduction of […]

By Adam Peleshaty