MarketsFarm — The Scoular Company has made a deal to sell its edible beans business in Manitoba and the northern U.S. to a Michigan edible bean processing and exporting co-op. Cooperative Elevator Co., which is owned by over 1,100 U.S. farmers and operates mainly in Michigan’s “thumb” northeast of Flint, announced Friday it will buy […] Read more
Scoular to sell edible bean business
Pulse weekly outlook: Edible bean yields lower across North America
MarketsFarm — A challenging harvest season spelled trouble for dry bean yields across North America, according to one report from the Global Pulse Confederation. Mexico’s spring-summer bean crop yield was pegged at around 400,000 tonnes, which was 52 per cent lower than the previous year. The loss in production was largely due to drought conditions […] Read more
Pulse weekly outlook: Balance sheet tightening
MarketsFarm — Canadian pea and lentil production failed to live up to earlier projections, according to the latest survey data from Statistics Canada. While both crops are still forecast to be above their year-ago levels, the tightening supply expectations should underpin prices. Canada’s 2019-20 lentil crop was pegged at 2.17 million tonnes in the government […] Read more
Pulse weekly outlook: Green pea bids still pointed higher
MarketsFarm — Green pea prices in Western Canada continue to rise, while bids for most of the other major pulses grown in the Prairies are also trending higher. Spot green pea bids have risen by about 70 cents per bushel over the past two weeks to currently top out at $10.50 per bushel, according to […] Read more
Pulse weekly outlook: Early snow hurts edible bean prospects
MarketsFarm — An early snow storm hit key edible bean growing regions of Manitoba and the northern U.S. hard, with a large portion of the crop in the region now facing an uncertain future. “It is unprecedented what’s happened at this point,” said Tim Courneya, executive vice-president of the Northarvest Bean Growers Association, which represents […] Read more
Pulse weekly outlook: Rains delay large Manitoba bean harvest
MarketsFarm — Manitoba farmers seeded their largest dry edible bean crop in more than a decade this spring, but adverse conditions are causing delays getting it off the fields. “Last week we had some substantial moisture in the Red River Valley,” pulse specialist Dennis Lange of Manitoba Agriculture said, noting the system brought up to […] Read more
Large Manitoba edible bean crop likely, weather willing
MarketsFarm — Manitoba could be looking at its largest edible bean crop in over a decade, as acres were up and early development generally looks good. Manitoba farmers seeded an estimated 163,700 acres of edible beans in 2019, according to Statistics Canada data. That would be up 20 per cent on the year and marks […] Read more
Pulse weekly outlook: Opportunities ahead for dry beans
MarketsFarm — Ongoing trade wars between the United States, Europe, and China may open the door to new markets for Canadian edible beans. According to reports, the European Union is bracing for tariffs from the U.S. on billions of euros worth of European goods, adding to the litany of other global trade wars. If trade […] Read more
Pulse weekly outlook: Edible beans on move
MarketsFarm — Following a lengthy 2018 harvest, Manitoba’s edible bean farmers are optimistic about the 2019 growing season. According to an outlook report published in late December by Agriculture and Agri-Food Canada, pulse farmers are expected to plant approximately the same amount of acreage as seen in 2018. However, after strong yields in 2018, Manitoba […] Read more
Manitoba edible bean harvest wraps up
CNS Canada – After a long and drawn out harvest Manitoba farmers have finally finished bringing in this year’s edible bean crop. While the late harvest raised quality concerns in the province, ample North American supplies should limit the upside price potential. “The harvest started really early, and we were moving at a pretty good […] Read more
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