CNS Canada — Following are a few highlights in the Canadian and world pulse markets on Thursday morning, Oct. 15. • Analysts say pulse prices will likely remain high in India as the market there faces a potent mix of lowered output, steady demand from festivals and slow imports that already fall short of demand. […] Read more
Pulses: Festivals, supply issues to keep India’s prices high
India’s drought a bonanza for Canadian pulse growers
Winnipeg/Mumbai | Reuters — Prices for Canadian pulses typically ease toward the end of the year but a recent dry spell in distant India, the world’s top producer and consumer, is driving them up. Back-to-back drought years for the first time in three decades has eroded India’s output of pulses and boosted imports. Global prices […] Read more
Pulses: Pulse Australia recruits top scientist
CNS Canada –– Following are a few highlights in the Canadian and world pulse markets on Wednesday morning, Oct. 14. • Pulse Australia has announced that world-renowned agronomist Paul McIntosh, who has vast experience working with crops in Queensland, will be joining their organization. • Due to rising pulse prices in India, the government says […] Read more
World weather worth watching as winter hits Canada
CNS Canada –– Harvest is wrapping up in Western Canada, but seeding is just starting in other parts of the world. Here are a few of the top market influencers traders and farmers are watching heading into winter. El Nino in the Southern Hemisphere – The Southern Hemisphere is starting its wheat growing season, said […] Read more
Pulses: India mulls creation of pulse intelligence agency
CNS Canada — Following are a few highlights in the Canadian and world pulse markets on Tuesday morning, Oct. 13. • India is reportedly mulling over the creation of an intelligence agency designed to track the supply and demand of pulse crops, both in the domestic and international market. The issue was sparked by the […] Read more
Pulses: Sask. harvest wraps, El Nino hits Australia
CNS Canada — Following are a few highlights in the Canadian and world pulse markets on Friday morning, Oct. 9. • Peas and lentils are both 99 per cent combined in Saskatchewan, according to the latest provincial report. Lentil yields are averaging 1,279 lbs./ac., which compares with 1,371 in 2014. Peas averaged 32 bu./ac., also […] Read more
Slowdown in sales softens fertilizer market
CNS Canada — A lack of buying throughout North and South America has put fertilizer prices under pressure, but so far, no one is lining up to capitalize on the weakness, according to an industry watcher. “Farmers aren’t in the mood to buy fall fertilizer. I think they’re more uncertain this year than they normally […] Read more
Pulses: India needs more pulses
CNS Canada — A few highlights in the Canadian and world pulse markets on Wednesday, Oct. 7. • Average protein levels for peas in Western Canada are coming in below the year-ago level, according to early sample data from the Canadian Grain Commission as of Oct. 1. Of the samples collected to date, the mean […] Read more
CHS says Viterra intriguing at right price
Chicago | Reuters — U.S. farm co-operative and grains trader CHS Inc. would be interested in the Canadian grain handling assets of embattled commodities trader Glencore, but only if they came at a discounted price, CHS CEO Carl Casale said in an exclusive interview. As part of a debt-reduction plan, Swiss-based Glencore has said it […] Read more
Glencore reported moving ahead on ag stake sale
Commodities firm Glencore, the owner of Prairie grain-handling heavyweight Viterra, is reported as already moving forward on plans to bring minority investors into its ag business. Glencore announced earlier this month it plans to tame the debt it’s racked up in its recent major expansions, partly through sales of assets and new shares. Those assets, […] Read more
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