Saskatchewan’s chickpea crop hasn’t been exempt from this season’s challenging harvest conditions. As of Oct. 21, 20 per cent of the province’s chickpea crop was unharvested. What still remains on the field will likely be feed quality at this point. Colin Young of Midwest Grain Ltd. in Moose Jaw, Sask. explained that some chickpea fields […] Read more
Pulse weekly: Large supply of feed chickpeas drags prices
U.S. regulators allow GM cotton as human food source
Washington | Reuters — U.S. regulators on Friday gave the green light for genetically modified cotton to be used for human consumption, paving the way for a protein-packed new food source — edible cottonseed that tastes a bit like chickpeas — that its developers said could help tackle global malnutrition. The Food and Drug Administration’s […] Read more
Pulse weekly outlook: Chickpeas appear OK, but prices soft
MarketsFarm — Canada’s chickpea crop has likely beaten earlier expectations — but poor prices may limit farmer sales come harvest. “We planted the crop in drought conditions” and were preparing for the worst, said Colin Young of Midwest Grain at Moose Jaw, Sask., pointing to the lack of subsoil moisture in key chickpea-growing regions of […] Read more
Pulse weekly outlook: Saskatchewan crops rally after rough spring
Winnipeg | MarketsFarm – Pulse crops across the prairies have largely bounced back after rough growing conditions in the spring and early summer, but they’re not out of the woods just yet. “It’s been an abnormal year,” remarked Carl Potts, executive director of Saskatchewan Pulse. Potts explained that in Saskatchewan, widespread dryness early in the […] Read more
Pulse weekly outlook: Chickpea market remains stable
MarketsFarm — Chickpea prices have remained steady in Canada, despite inclement growing conditions in key chickpea-growing regions. The stability is mainly due to a global supply glut, with large carryout volumes from previous years combined with high acreage numbers in Canada, the U.S. and Australia. Statistics Canada estimated Canadian producers will dedicate just over 300,000 […] Read more
Beyond Meat’s new competitor: Tyson’s pea-and-meat blended burger
Reuters — U.S. meat processor Tyson Foods on Thursday launched its first vegetarian and mixed-protein products, including a beef and pea burger, as it seeks to compete with Beyond Meat and other companies catering to rising demand for plant-based alternatives to meat. Tyson is betting that meat eaters wanting healthier diets will see their blend […] Read more
Pulse weekly outlook: Chickpea prices remain low, future bright
MarketsFarm — Lower prices are expected to lead to a drop in Canadian chickpea acres in 2019, but the future is bright for the crop as new consumer markets gain popularity. Seeded acres for chickpeas almost quadrupled between 2017 and 2018, rising from 160,000 to 442,900, respectively. Since inventory from the 2018 growing season is […] Read more
Pulse weekly outlook: Most Canadian pulse acres to decline
Corrected, May 1 — MarketsFarm — Canadian farmers have been projected to plant fewer acres of pulses, according to Statistics Canada. “Keeping in mind this is the seeding intentions report based on a survey of growers from the beginning of March. It’s as current as the day it was collected,” said Carl Potts, executive director […] Read more
Lower prices, relative profitability tug at chickpea acres
MarketsFarm — Since chickpea prices fell rapidly during last year’s harvest, the jury is out as to what the chickpea market holds this year. “Acres are going to be down this year because the price isn’t what it was a year ago,” said Melody Ector, president of Diefenbaker Spice and Pulse at Elbow, Sask. Prices […] Read more
Pulse weekly outlook: Ample supply drives down feed pulse prices
Prices for feed pulses have dropped over the last month as farmers have turned to the feed market as the only buyer, according to a trader. “Regular processors aren’t buying as many low-grade lentils, so guys are tired of sitting on them. So you’re starting to see them come to the feed market,” said Jay […] Read more
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