MarketsFarm — Statistics Canada’s latest report on stocks of principal field crops clearly demonstrated how much of an effect last summer’s historic drought in Western Canada had on pulse crops. According to the report released Tuesday, last December’s total domestic stocks for dry peas, chickpeas, lentils and soybeans all declined from the year earlier. Those […] Read more
Pulse weekly outlook: Pulse stocks drop due to drought
A look back at the year that was — from bad to verse
There’s not that much to celebrate — and so this ‘poetry’ you’ll just have to tolerate
Reading Time: 3 minutes Once again, a year’s passed and for better or worse We start a new one in doggerel — that’s badly rhymed verse We review the last year (which you could say was a hexed one) And give you some tips on what to do in the next one Now I’ve heard all the stories while […] Read more
AAFC adjusts grain, oilseed balance sheets slightly
MarketsFarm –– Updated supply and demand tables from Agriculture and Agri-Food Canada (AAFC), released late Friday, included only minor adjustments to balance sheets for the country’s major crops. The department’s projected ending stocks for wheat and canola were left unchanged from the previous month. Factoring in the official estimates from Statistics Canada, released Dec. 3, […] Read more
Pulse weekly outlook: New investments cause for optimism
Sector looking forward beyond challenges of 2021
MarketsFarm — Canada’s pulse industry had to endure more than its fair share of challenges and obstacles in 2021, domestic and abroad. Nevertheless, the national organization representing pulse growers, traders and processors feels the industry will be strong in the New Year. An already tight supply situation became tighter in 2021 as drought in Western […] Read more
Pulse weekly outlook: Expect little movement in prices during holidays
MarketsFarm — There were no surprises for pulses in Statistics Canada’s latest production report, according to Marlene Boersch of Mercantile Venture Consulting in Winnipeg. With that in mind, she doesn’t expect any significant price changes for pulses. “Part of the reason is we’re starting to glide into the holiday period. We’ll probably see some movement […] Read more
Pulse weekly outlook: Manitoba dry beans dip in yields, prices
MarketsFarm — This year’s dry bean harvest in Manitoba has only produced about two-thirds of an average annual yield, according to the province’s expert on pulses. Dennis Lange, pulse specialist for the Manitoba government at Altona, said all but a few acres have come off the fields. Due to drought conditions this summer, however, the […] Read more
Feds tighten forecast for wheat carryout
MarketsFarm — Canadian wheat carryout for the 2021-22 crop year will be even tighter than earlier forecasts, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released Wednesday. The October report included only minor adjustments for most crops, with the most notable change from September being a 500,000-tonne reduction in projected wheat ending […] Read more
Pulse weekly outlook: Manitoba has an OK dry bean crop
MarketsFarm — As with the great majority of field crops this year in Manitoba, dry beans have seen production fall due to excessive heat and severe drought, according to provincial pulse specialist Dennis Lange. “Dry beans usually do fairly well on drier years, but this year has been extremely dry for a lot of the […] Read more
Buyers found for five Prairie pulse plants
Approvals sought for W.A. Grain asset sales
Three separate buyers are poised to take up the Prairie assets of ill-fated W.A. Grain and Pulse Solutions, pending an Alberta judge’s approval. An application went Thursday for approval before Justice Corina Dario of Alberta Court of Queen’s Bench in Calgary, from BDO Canada, the receiver for the Alberta-based grain and pulse handler and processor. […] Read more
Ag department lowers crop production, export estimates
Expectations knocked down for most major Prairie crops
MarketsFarm — Canadian crop production will be down significantly in the 2021-22 marketing year, cutting into exports for all of the country’s major grains, oilseeds and pulse crops. That’s the estimation from the latest supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released Thursday. Total field crop production for all crops is forecast to decrease […] Read more
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