Insights and Stories of Adam Peleshaty

Jan. 19, 2022 at 6:00 pm CST

MarketsFarm — Soybean, corn and wheat futures at the Chicago Board of Trade were all showing some strength Wednesday, recovering from losses posted over the previous week. South American weather concerns and broader geopolitical tensions countered any bearish influence from the latest supply/demand estimates from the U.S. Department of Agriculture. […]

By Adam Peleshaty

Jan. 14, 2022 at 5:34 pm CST

MarketsFarm — The U.S. Department of Agriculture’s projected increases for domestic and worldwide wheat ending stocks, along with a strengthening Canadian dollar, brought pressure onto western Canadian wheat bids for the week ended Thursday. In its monthly world agricultural supply and demand estimates (WASDE) report on Wednesday, USDA showed a […]

By Adam Peleshaty

Jan. 13, 2022 at 2:55 pm CST

MarketsFarm — Alberta feedlots are only buying feed barley and wheat on a hand-to-mouth basis as demand remains unchanged, according to a local trader. “A lot of the feedlots we work with are buying what they needed and getting covered,” said Agfinity Inc. senior trader Erin Harakal from Stony Plain, […]

By Adam Peleshaty

Jan. 11, 2022 at 4:14 pm CST

MarketsFarm — The chickpea market in Western Canada is undergoing a correction, according to the manager of a pulse buying and processing company in Saskatchewan. With the exception of Desi chickpeas, all varieties of the pulse have seen prices go down two to five cents per pound over the past […]

By Adam Peleshaty

Jan. 7, 2022 at 9:43 pm CST

MarketsFarm — The frigid conditions which had enveloped the Prairie provinces in recent weeks is a sign La Niña has come again, according to a Kansas-based meteorologist. Since mid-December, the Prairies have been in a deep freeze beginning with temperatures at least 10 C below-normal. Since the holiday season, many […]

By Adam Peleshaty