MarketsFarm — Chickpea prices have recovered slightly from lows hit around the end of 2019, but they’re still a long way off historic highs from years past. Ahead of the 2018 growing season, chickpea prices were around 50 to 60 cents/lb. for growers, according to Darwin Hamilton of Kalshea Commodities in Winnipeg. Currently, large chickpea […] Read more
Pulse weekly outlook: Chickpeas recover from previous lows
Pulse weekly outlook: Chickpea acreage expected lower
MarketsFarm — High global prices in the 2017-18 marketing year caused a global spike in chickpea production in 2018. It’s since taken a while for consumers to “chew through supplies,” which has put pressure on prices, according to Chuck Penner of LeftField Commodities. In a kabuli chickpea global outlook webinar hosted by the Global Pulse […] Read more
Demand may encourage more red lentil acres: AGT
MarketsFarm — Improving lentil prices over the past month may encourage more acres of the pulse crop in Western Canada this spring, according to an industry official, as seeding is set to start within the next few weeks. “With the recent March demand surge, mostly due to COVID-19, pulse prices have increased sending a signal […] Read more
Pulse weekly outlook: Turkey may see larger red lentil crop
MarketsFarm — Turkey is expecting to see an increase in lentil production in 2020, according to a processor in the country. White bean production is also expected to rise, although chickpea production could be down slightly on the year. Fethi Sonmez, CEO of Turkey-based Armada Foods, expects to see red lentil production in the country […] Read more
Pulse weekly outlook: Prices mostly steady ahead of seeding
MarketsFarm — As farmers decide what to plant in 2020, Dale McManus of Johnston’s Grain at Welwyn, Sask. hasn’t seen any significant deviation from what producers normally buy for pulse seed. “Red lentils, green lentils, green and yellow peas,” McManus cited among the pulses being purchased. Also, he noted, prices have remained quite steady in […] Read more
Pulse weekly outlook: U.S. bean acres to increase, other pulses down
MarketsFarm — Farmers in the U.S. intend to plant more edible bean acres in 2020, but will seed less area to peas, lentils and chickpeas, according to the U.S. Department of Agriculture’s prospective plantings report. Edible bean area in the country is forecast at 1.372 million acres, which would be up roughly seven per cent […] Read more
Pulse weekly outlook: Increased demand seen, but problems loom
MarketsFarm — Unlike other commodities, pulses aren’t yet feeling ill effects from an economic downturn due to the COVID-19 coronavirus outbreak, according to Marcos Mosnaim of Globeways Canada in Mississauga. With consumers panic-buying, there has been increased demand for pulses, as many are non-perishable, Mosnaim said. “These products will be there for ages,” he said, […] Read more
Unseasonal rain, hail damage winter crops in India
Crop quality issues may pressure prices
New Delhi | Reuters — Unseasonal torrential rains and hailstorms have damaged the winter-planted crops of millions of Indian growers, inundating wheat, potato, chickpea and rapeseed farms in large parts of the fertile northern plains, farmers said. Most farmers were caught by surprise by the repeated rain and hail that has lashed fields full of […] Read more
NFU sees red flags in CUSMA bill for grain growers
Bibeau urged to 'correct mistakes' in NAFTA 2.0-enabling legislation
The National Farmers Union is warning of sweeping changes to Canadian grain regulation it sees tucked into federal legislation meant to put through the successor deal to NAFTA. Bill C-4, the implementing legislation for the Canada-U.S.-Mexico Agreement (CUSMA), passed second reading Feb. 6 and came back without amendment Feb. 27 from the Commons standing committee […] Read more
Pulse weekly outlook: Conditions optimal for India’s winter crops
MarketsFarm — Cold weather in key growing regions of India could indicate high production levels for winter pulse crops. Heavy showers and colder temperatures in Punjab, Haryana and Uttar Pradesh created “ideal conditions” for winter-sown pulses, according to India’s agriculture commissioner SK Malhotra. Malhotra explained that the output of the winter-grown pulse crops will likely […] Read more