MarketsFarm — Demand for chickpeas often comes in waves, with the market currently in a lull waiting for the next swell. The last demand cycle came in early January, and the market has lacked “any kind of enthusiasm” over the past month, according to Colin Young of Midwest Grain at Moose Jaw. Within every pricing […] Read more
Chickpea market steady, waits for next wave of demand
Limagrain to launch plant-based protein food next year
Paris | Reuters — French agricultural co-operative Limagrain on Tuesday said it is launching a new legumes business that aims to deliver plant-based food products from next year, betting on the fast-growing plant protein sector and a trend towards eating less red meat. Many large agricultural companies, including Archer Daniels Midland, Cargill and France’s Roquette […] Read more
Pulse weekly outlook: Drop in India’s production may lead to lower duties
MarketsFarm — There’s a possibility the government of India could lower its import duties on pulses, including those from Canada, according to reports. With India’s monsoon rains having continued longer than usual, production of the country’s kharif (summer) pulse production fell by almost two million tonnes. Prior to the monsoons, market expectations called for 10.1 […] Read more
Pulse weekly outlook: Balance sheet tightening
MarketsFarm — Canadian pea and lentil production failed to live up to earlier projections, according to the latest survey data from Statistics Canada. While both crops are still forecast to be above their year-ago levels, the tightening supply expectations should underpin prices. Canada’s 2019-20 lentil crop was pegged at 2.17 million tonnes in the government […] Read more
Grain World: Opportunities great for Canadian pulses, AGT CEO says
Saskatoon | MarketsFarm — To Murad Al-Katib, the opportunities for Canadian pulse exports to India are amazing, provided one correctly understands the context of India’s tariffs on pulses. Also, he said, those Canadian exporters must realize they need to switch from being solely dependent on commodities to adding value by shipping food and ingredients. “We […] Read more
Pulse weekly outlook: Green pea bids still pointed higher
MarketsFarm — Green pea prices in Western Canada continue to rise, while bids for most of the other major pulses grown in the Prairies are also trending higher. Spot green pea bids have risen by about 70 cents per bushel over the past two weeks to currently top out at $10.50 per bushel, according to […] Read more
Alberta harvest continues, 11 per cent of crops remain
Alberta Crop Report: Conditions as of November 5
Reading Time: 6 minutes Following a cooler than normal growing season, September brought several wet spells, interspersed by two major dry spells, each lasting less than two weeks. In October, wet spells occurred more frequently, with the northern half of the province blanketed with a few cloudy days. Over the past month, all areas in the province experienced below […] Read more
Saskatchewan harvest progresses under adverse conditions: report
MarketsFarm – Saskatchewan farmers continued to plug away at the harvest over the past week, with 90 per cent of the crop in the bin as of Oct. 28, according to the latest provincial report. That was up seven points from the previous week, but still behind the five-year average of 96 per cent complete. […] Read more
Pulse weekly: Large supply of feed chickpeas drags prices
Saskatchewan’s chickpea crop hasn’t been exempt from this season’s challenging harvest conditions. As of Oct. 21, 20 per cent of the province’s chickpea crop was unharvested. What still remains on the field will likely be feed quality at this point. Colin Young of Midwest Grain Ltd. in Moose Jaw, Sask. explained that some chickpea fields […] Read more
Weather plays nice to see Alberta harvest pick up pace
Alberta Crop Report: Conditions as of October 22
Reading Time: 5 minutes Significant momentum was made in some areas getting crop in the bin this past week, with the provincial average currently estimated at 74 per cent of all crops combined. This jump is primarily attributed to Central, North East and North West regions where 26, 16 and 13 per cent respectively of Major Crop* acres were […] Read more