CNS Canada — An increase in Canadian lentil acreage this year comes as a blessing in disguise as wet conditions threaten some crops, worrying producers. Farmers in parts of the Prairies increased lentil seedings by 48 per cent, covering a record 5.8 million acres this year, according to Statistics Canada. While the increase in lentils […] Read more
Wet weather threatens record lentil crops
Lentils move lower as production anticipation grows
CNS Canada — As negative features continue to mount in Canada’s lentil market, prices are following the tried-and true phrase, ‘What goes up must come down.’ Lentil prices skyrocketed ahead of this year’s growing season, but now the market is starting to trend lower. “This isn’t a disaster; it’s just that gravity is pulling it […] Read more
Lentil prices just keep rising
CNS Canada — Lentil prices just keep moving up in Western Canada, with no end in sight to the rising market as end users work to book coverage. However, the high prices may prove unsustainable, especially in the long run, as values are already expensive for international buyers and strong new-crop prices should lead to […] Read more
Wide-ranging green lentil quality good for Sask. markets
CNS Canada — Variable weather throughout Saskatchewan’s growing season brought a range of quality and prices to green lentil producers — and that’s a good thing, according to a processor in the province’s south. The final quality of green lentils in Saskatchewan ranges from No. 1 to No. 3, said Colin Young of Midwest Investments, […] Read more
Churchill to move pulses this fall, consider partnerships
Churchill | CNS Canada –– As its shipping season gets underway, the operators of Manitoba’s Port of Churchill are considering options for keeping the port viable going forward — especially as the end looms for its government subsidy. Churchill has previously relied on the Canadian Wheat Board as its primary supplier of grain, but in […] Read more
Large green lentil prices move up on supply concerns
CNS Canada — Price-wise, large green lentils have been outpacing their red counterparts, due to poor acreage and a general disappearance of the crop, according to an industry specialist. Delivered No. 1 large green or Laird lentils are between 38 and 47 cents per pound, according to Prairie Ag Hotwire. Those prices would bring farmers […] Read more
Early Sask. lentil, pea harvests likely to support prices
CNS Canada –– Saskatchewan’s dryness could likely mean an earlier harvest and smaller yield for pea and lentil crops this year, according to a regional crop specialist. That means new-crop prices will be supported, said Chuck Penner, president at LeftField Commodity Research. Old crops are disappearing, he said, and the market will become active as […] Read more
Sources say BASF mulling potential bid for Syngenta
Reuters — German chemicals group BASF is considering a potential offer for Syngenta, its Swiss rival which has received a C$56 billion takeover offer from Monsanto, people familiar with the matter said on Wednesday. BASF is speaking to investment bankers about the possibility of an offer for Syngenta, though it has made no decision and […] Read more
Sask. producer car loader firm owners approve AGT bid
Shareholders in a western Saskatchewan producer car loading firm have approved a deal to sell their loading sites to Regina pulse processor AGT Food and Ingredients for $22 million. AGT announced Tuesday it has completed its deal, announced in April, to buy the bulk loading assets from Eston, Sask.-based West Central Road and Rail. The […] Read more
Tight lentil market watching weather
CNS Canada — Old-crop large green lentils saw a jump in price over the past week, but actual supplies are few and far between, with most market participants turning attention to new-crop opportunities and weather uncertainty across Western Canada’s lentil-growing regions. “The trade is very thin right now,” said analyst Chuck Penner of LeftField Commodity […] Read more
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