MarketsFarm — Despite a rough start to southern Manitoba’s growing season, Manitoba Pulse and Soybean Growers executive director Daryl Domitruk was content with how 2022 came to pass. “For pulses and soybeans, it was generally a good year as a result of some very good yields in soybeans and some quite good yields in dry […] Read more
Pulse weekly outlook: 2022 a ‘good year’ for Manitoba pulses, soy
AAFC raises canola stocks projection, despite smaller crop
Department also trims wheat ending stocks
MarketsFarm — Canadian canola ending stocks for 2022-23 were revised higher by Agriculture and Agri-Food Canada in its latest supply/demand estimates, released Friday. The larger carryout projection came despite a downward revision to production, as both exports and domestic usage were also down from the November report. The government agency now sees canola carryout of […] Read more
Pulse weekly outlook: Smaller-than-expected lentil crop may limit exports
MarketsFarm — Smaller-than-expected Canadian lentil production in 2022-23 could limit the country’s export potential going forward, according to an official with Pulse Canada reacting to the latest production estimates. The report from Statistics Canada (StatCan) released Friday contains the first survey-based production estimates of the 2022-23 marketing year, while previous ones used satellite imagery. Most […] Read more
Pulse weekly outlook: AAFC revises dry pea projections
MarketsFarm — Among the changes Agriculture and Agri-Food Canada (AAFC) made in its November supply and demand report, issued Friday, the most notable were among the dry peas. The revisions that stood out the most were 2022-23 dry pea exports being cut by 200,000 tonnes at 2.5 million, while domestic usage was bumped up 50,000 […] Read more
Manitoba nets average crops in 2022 after wet spring
MarketsFarm – Wet spring conditions delayed seeding operations across much of Manitoba to start the 2022 growing season, but warm summer conditions allowed for good development with yields for most crops showing a marked improvement over the drought-stricken 2021 harvest, according to the final crop report of the season from Manitoba Agriculture. On a crop-by-crop […] Read more
Pulse weekly outlook: Manitoba’s dry beans, peas show strong yields
MarketsFarm — With the return of typical temperatures and healthy amounts of precipitation throughout the growing season, Manitoba had successful pea and dry bean crops during the 2022-23 marketing year, according to the province’s pulse specialist. Dennis Lange of Manitoba Agriculture said both crops showed high yields from their respective harvests. The Manitoba pea harvest […] Read more
Tiny pea leaf weevil spreads across vast prairie landscape
The adults leave tell-tale signs but it’s their offspring that wreak havoc below ground
Reading Time: 4 minutes Pea leaf weevils have completed their eastward trek across the Prairies, and while they’re generally not a huge issue, pea and faba growers need to learn the habits of these hard-to-spot pests. Adult pea leaf weevils are tiny and were first found in Canada near Lethbridge in 2000. By 2019, they had crossed the Manitoba […] Read more
Pulse weekly outlook: Saskatchewan’s pulse harvest seen as average
MarketsFarm — As the harvest in Saskatchewan wraps up for 2022, pulse specialist Dale Risula said pulse crops were quite good this year — a definite improvement over last year’s drought-stricken production. “Overall for the province we will likely see average production this year, although some areas suffered pretty badly,” Risula said. He said there […] Read more
Watch the big picture and local situation, say grain market analysts
A slowing global economy is a key storyline but so is the basis offered by your local elevator
Reading Time: 4 minutes Global economies appear to be “falling off a cliff,” with reduced demand for crude oil and other commodities pressuring grain prices downward, says an Alberta-based commodities analyst. At the same time, lower than expected U.S. corn yields are supporting canola, wheat and soybean prices, said Errol Anderson, president of ProMarket Communications. Be ready to move […] Read more
Pulse weekly outlook: Manitoba peas, dry beans showing good results
Early harvests show some 'exceptional' bean yields
MarketsFarm — Harvests of Manitoba’s two major pulse crops are already seeing high yields, according to Manitoba Pulse and Soybean Growers (MPSG) executive director Daryl Domitruk. Despite a wide range of results across the province, Domitruk added that dry field pea yields were respectable in many places and excellent in others, marking a successful harvest […] Read more
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