New Delhi | Reuters — India, the world’s biggest importer of pulses, is considering a 10 per cent tax on overseas purchases of pulses to support local farmers, a government official said Tuesday. The government is also considering to lift a ban on exports of pulses and edible oils, the official, who declined to be […] Read more
India reportedly considering import tax on pulses
Edible beans see price weakness against Mexican exports
CNS Canada –– Black beans, coloured cranberry and kidney beans are leading the way as Manitoba’s edible bean crop heads to market. According to one industry expert, prices for black beans are in the high 20s (cents per pound) while coloured cranberry and kidney beans are a bit higher. Pintos are bringing up the rear […] Read more
Chickpeas face pressure from cheap Russian exports
CNS Canada — Cheap Russian exports of chickpeas are driving down the cost of the commodity worldwide, though one Canadian marketer says a new type of seed is helping domestic growers make financial inroads. “We’re still facing stiff competition from other producing countries, primarily B90 (seeds) out of Russia,” said Colin Young, owner of Midwest […] Read more
Peas seen gaining strength in second half of export year
CNS Canada — Prices for Canadian green and yellow peas stand to increase as the 2014-15 export year rolls along, in part due to weather damage from excess moisture as well as continued demand from Asia, according to an industry-watcher. “I’m more optimistic for yellow peas just because we can really see strong demand later […] Read more
BASF moves Clearfield system to open-ended agreements
Farmers wanting to grow Clearfield canola, wheat, sunflowers or lentils will now only need to sign one agreement to use the herbicide-tolerant crop system, rather than sign up every year or every few years. BASF, developer of the Clearfield Production System, on Monday announced a new “evergreen,” or open-ended, version of its Clearfield Commitment, available […] Read more
Better-than-expected lentil crop faces market volatility
CNS Canada –– Despite a summer of excess moisture across much of the Prairies, lentils fared better than earlier expectations, according to Bobby Leavins, operations manager for Rayglen Commodities in Saskatoon. However, the crop’s grade spread is still very wide and prices are expected to be wide-ranging over the winter. “With all the moisture a […] Read more
Peas hold their own after large exports to India
Commodity News Service Canada — Despite some concerns over quality, Canadian peas are holding their own on the international market, according to an industry watcher. “I would think there’s going to be pretty good prices for peas coming down the pike. I think it will be pretty good. There’s been a very aggressive export program […] Read more
Quality, calibre key for chickpeas going forward
CNS Canada — Saskatchewan farmers are still putting the finishing touches on this year’s chickpea harvest, with quality and calibre the two most important pricing factors to watch going forward. “We’re seeing a wide range of quality — everything from decent to significantly damaged,” said Colin Young of Midwest Investments in Moose Jaw. While green […] Read more
Unknowns keep lentil bids strong
CNS Canada — Lentil bids in Western Canada continue to show strength, but with the size and quality of this year’s crop still very much unknown, the highs may be in for the time being. “I don’t think there is anyone who really knows exactly what’s out there,” said David Newman of Victoria-area pulse trading […] Read more
Prairie pulse processor rebrands
In the tradition of companies such as 3M and AT+T, Regina-based Alliance Grain Traders has taken its abbreviation as its new name. The company announced Wednesday it has formally completed its name change to AGT Food and Ingredients Inc., as per a resolution at the company’s annual meeting in June. “We feel our new name […] Read more
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