MarketsFarm — Chickpea prices in Western Canada are on the rise due to tight supplies, according to one trader. Prices for Kabuli chickpeas rose five cents per pound from last month, with high-delivered bids ranging from 40 cents/lb. for the seven-millimetre variety to 55.5 cents/lb. for 10-mm, according to Prairie Ag Hotwire. In comparison to […] Read more
Pulse weekly outlook: Chickpea prices rise amid tight supplies
Supplies still haven't recovered off 2021
Pulse weekly outlook: Saskatchewan’s pulse harvest seen as average
MarketsFarm — As the harvest in Saskatchewan wraps up for 2022, pulse specialist Dale Risula said pulse crops were quite good this year — a definite improvement over last year’s drought-stricken production. “Overall for the province we will likely see average production this year, although some areas suffered pretty badly,” Risula said. He said there […] 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
Pulse weekly outlook: Chickpea harvest approaches amid low worldwide supplies
MarketsFarm — The harvest for Western Canada’s chickpea crop is about to begin and it comes at a time when worldwide supplies of the pulse are at a low point. Colin Young, manager of Mid-West Grain Ltd. at Moose Jaw, Sask., said there are varying chickpea yields in the western Prairie region, where most of […] Read more
Pulse weekly outlook: AAFC projects normal yields, increased pulse production
MarketsFarm — A return to yields closer to long-range averages will result in greater production for most pulse crops in 2022-23, according to Agriculture and Agri-Food Canada’s monthly outlook for principal field crops released last Friday. Many of the projections are based on the assumption that normal weather conditions will return to most of the […] Read more
Pulse weekly outlook: Still early in season to switch crops
Decisions likely in next couple of weeks
MarketsFarm — With dry conditions dominating western and southwestern Saskatchewan and wet conditions prominent in the province’s east and northeast, at mid-May it remained early to consider switching pulse crops to something else, according to Carl Potts, executive director of Saskatchewan Pulse Growers. Overall, he said, spring planting throughout the province as of May 9 […] Read more
Tightening supplies likely to underpin chickpea market
MarketsFarm — Tightening worldwide chickpea supplies could bode well for prices later this year, although Canadian acres will likely be down and there’s still a long growing season ahead. Canadian farmers intend to seed 175,200 acres of chickpeas in 2022, which would be down 5.5 per cent from the previous year and the smallest acreage […] Read more
Pulse weekly outlook: Lentil acres likely up in 2022
Other pulses likely down, though
MarketsFarm — Statistics Canada released its first survey-based crop acreage estimates of 2022 on Tuesday, reporting that while more lentil acres may be planted this spring, other pulses are expected to have their seeded area shrink. The national data agency projected 4.49 million acres of lentils will be planted in Canada this year, a 4.2 […] Read more
Pulse weekly outlook: Larger U.S. pea, lentil areas expected
MarketsFarm — Farmers in the United States will grow more lentils and peas in 2022, although chickpea area may be down, according to early estimates ahead of spring seeding. Total pea area in the country is forecast at 1.088 million acres, which would be up 11 per cent from 2021, according to the U.S. Department […] Read more
Pulse weekly outlook: Market uncertainty all around
MarketsFarm — As Russia’s invasion of Ukraine continue to swing markets up and down, typical issues and other external factors have amplified volatility in the pulse markets, according to one trader. David Newman, owner of Commodius Trading at North Saanich, B.C., explained that while the conflict in Eastern Europe is affecting markets everywhere, the usual […] Read more
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