MarketsFarm — Canadian pea and lentil acres only saw slight adjustments in the latest acreage estimates Tuesday from Statistics Canada, with little market news to draw in extra area since the previous report in April. “When you see all the hard commodities, their prices are fantastic. That’s the main reason why growers switch,” said Marcos […] Read more

Pulse weekly outlook: StatsCan acres see little change

Pulse weekly outlook: Timely rains benefitting Saskatchewan crops
MarketsFarm — As with crops across the Prairies, pulses in Saskatchewan got a much timely shot in the arm with recent rainfall, according to Carl Potts, executive director of Saskatchewan Pulse Growers. “I think pulse crops have benefitted from the rains we’ve had over the last two or three weeks here in the province,” he […] Read more

Pulse weekly outlook: Peas, beans hold up in dry Manitoba
MarketsFarm — Of the pulses being planted in Manitoba this spring, field peas and dry beans appear the best able to handle the difficult drought conditions the province continues to experience throughout its growing areas. Field peas “have a relatively low water requirement, similar to dry beans,” Cassandra Tkachuk, production specialist with Manitoba Pulse and […] Read more

Pulse weekly outlook: Chickpea acres ‘sharply’ down
MarketsFarm — Despite prices higher than last year’s, Canada’s chickpea acres are expected to decline this year and, in turn, will result in less production in the 2021-22 crop year. High-delivered bids for Kabuli chickpeas, the type most commonly grown in Canada, run from 25 to 35 cents/lb., three to seven cents higher than last […] Read more

Pulse weekly outlook: Harvest shortcomings could open doors to India
MarketsFarm — As India’s pulse harvest continues, indications have been that initial projections might not be met — which could lead the world’s largest producer and consumer of pulses to allow more imports, MarketsFarm Pro analyst Mike Jubinville says. The Indian government expected about 11.5 million tonnes of chickpeas, but the harvest might bring in […] Read more

Pulse weekly outlook: StatsCan’s pea, chickpea acres short of trade expectations
MarketsFarm — Numbers were seen as disappointing for dry peas and chickpeas in Statistics Canada’s survey-based principal field crop planting projections released Tuesday. The federal agency predicted 3.839 million acres seeded for dry peas nationwide, nearly a 10 per cent decline compared to last year. By comparison, MarketsFarm projected 4.38 million acres while Agriculture and […] Read more

Pulse weekly outlook: Seeding numbers may exceed USDA expectations
MarketsFarm — The U.S. Department of Agriculture’s (USDA) prospective plantings report, delivered March 31, provided a mixed bag for pulse growers in that country as far as the numbers are concerned. Some analysts, however, believe the actual acres seeded will top USDA’s projections. Increasing demand from China, India and a recovering domestic market have raised […] Read more

Major flour miller to buy U.S. chickpea processor
Ardent Mills to take up Hinrichs Trading Co.
Major North American flour miller Ardent Mills is expanding its reach into pulse-based ingredients with a deal to buy U.S. chickpea processor Hinrichs Trading Co. The two companies said they “expect the deal will help customers bring innovative products to market to meet growing consumer demand for plant-based and specialty ingredients.” Terms of the deal […] Read more

Pulse weekly outlook: Adversity bolsters chickpea bids
'Other crops just pencil in better'
MarketsFarm — Canadian chickpea prices have either stayed firm or slightly went up as the pulse runs into more than its fair share of adversity. Limited supply, reduced demand and environmental factors have all affected the long-term prospects of the crop at home and abroad, according to Colin Young of MidWest Grain in Moose Jaw. […] Read more

Pulse weekly outlook: Chickpea production expected up in 2021
MarketsFarm — Following an expected 11.4 per cent drop in Saskatchewan’s chickpea harvest this year, provincial pulse specialist Dale Risula is expecting an increase in 2021. In Statistics Canada’s most recent field crop report, issued last week, chickpea production in Saskatchewan was estimated to have dropped from 224,600 tonnes in 2019 to 199,010 tonnes this […] Read more