MarketsFarm — Pea bids in Western Canada have come under some pressure over the past few weeks, as harvest of the crop nears completion. However, country movement remains light, as producers concentrate on bringing in their remaining grain and oilseed crops. “They want to get done harvest before they worry about (pricing),” said grain broker […] Read more
Pulse weekly outlook: Seasonal harvest pressure weighs on Prairie pea bids
U.S. working with U.N. on Russia food, fertilizer export complaints
Black Sea pact up for renewal in November
New York | Reuters — The United States is working with the United Nations to address Russian complaints that sanctions are hindering its food and fertilizer shipments, even though there has been no disruption to Moscow’s exports of the commodities, a senior U.S. official said on Friday. The United Nations, Turkey, Ukraine and Russia agreed […] Read more
U.N., Moscow discuss Russian grain, fertilizer exports
Grain not getting to poorer countries, Putin alleges
United Nations | Reuters — Senior U.N. and Russian officials met in Geneva on Wednesday to discuss Russian complaints that Western sanctions were impeding its grain and fertilizer exports despite a U.N.-brokered deal to boost Russian and Ukrainian shipments of the commodities. The United Nations, Turkey, Ukraine and Russia agreed on July 22 on what […] Read more
Pulse customers are calling but transport a worry
Pea and lentil production is rebounding but shipping woes continue
Reading Time: 2 minutes While some areas of Alberta struggled with a lack of precipitation and heat, pulse growers are faring much better overall than in drought-stricken 2021. But there’s been no turnaround when it comes to transportation woes. “We already know (there’s) going to be greater production this year, thanks to some timely rains we had earlier in […] Read more
Pulse weekly outlook: Australia’s winter pulse production mixed
MarketsFarm — Australia’s 2022 winter pulse crop will see its ups and downs, according to a quarterly crop report released Tuesday by the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES). Chickpeas saw the largest projected production decline, dropping 41.5 per cent from the 2021-22 marketing year to 621,000 tonnes this year, Australia’s […] Read more
Prairies’ high-pressure ridge should give way by mid-month
Brisk harvest pace expected meanwhile
MarketsFarm — While there’s not one specific cause of the hot September the Canadian Prairies has generally been having so far, Weatherlogics chief scientist Scott Kehler notes one particular shorter-term factor. “There is a fairly strong upper-level ridge of high pressure across the Prairies right now,” he explained, adding it should dissipate by mid-month. The […] Read more
Pulse weekly outlook: StatCan shows big jump in pea, lentil production
MarketsFarm –– The Canadian pulse harvest appears to be making a comeback after production struggled with a historic drought in Western Canada last year. Statistics Canada (StatCan) released its July satellite image-based principal field crop production estimates on Monday, projecting sharp increases in production for most of Canada’s crops, including pulses. Canada’s dry pea harvest […] Read more
Canadian crop production bounces back, StatCan reports
Wheat at higher end of trade projections
MarketsFarm — After 2021’s historic drought on the Prairies caused crop production to fall to historic lows, the 2022 harvest has mostly bounced back to pre-drought levels, according to Statistics Canada. StatCan on Monday released its July 2022 satellite image-based principal field crop production estimates, which confirmed analysts’ expectations that this year’s crop production would […] Read more
Growers urged to leave hail-damaged samples
Alberta again hit hardest in late-June storms
Reading Time: < 1 minute Members of the Canadian Crop Hail Association are asking hail-affected growers to leave adequate samples for adjusters. The CCHA said storms damaged crops with hail as large as baseballs across Western Canada in late July and member companies are investigating more than 1,500 claims. In a release, CCHA president Scott McQueen of Palliser Insurance said […] Read more
Greater crop production estimated prior to StatCan report
Extended time lag between survey, data's release criticized
MarketsFarm — Analysts are expecting Canadian crop production totals for the 2022-23 marketing year to be substantially higher compared to drought-stricken 2021-22, but still not enough to fully replenish supplies. Statistics Canada (StatCan) will publish its first satellite image model-based yield and production estimates for principal field crops on Monday. Traders and analysts are interested […] Read more