MarketsFarm — Statistics Canada (StatCan) on Tuesday released its report on grain stocks at March 31, with MarketsFarm Pro analyst Mike Jubinville suggesting there’s not much to the report. “It’s one of those [reports] where people look at it and move on,” he said. StatCan’s report pegged total farm and commercial stocks of chickpeas at […] Read more

Pulse weekly outlook: StatCan report likely won’t affect prices
Canada 'not the market maker' on peas, lentils

Pulse weekly outlook: Peas heading in different directions
Export demand seen down for yellows
MarketsFarm — Prices for green and yellow peas have been starting to move further apart, according to Levon Sargsyan, grain broker with Johnston’s Grain at Welwyn, Sask. Sargsyan pointed out that prices for yellow peas have been slipping back recently. “Export demand has dropped overseas, so that’s been pushing the yellow pea prices down. The […] Read more

Pulse weekly outlook: Feed peas in short supply
Some feeders substituting soymeal
MarketsFarm — Hot and dry growing conditions cut into Canada’s pea production in 2021-22 — but the quality was relatively good, which means feed peas are in even shorter supply. “Yields were low across the harvest this year, but I’d say quality was quite good on yellow and green peas,” said a feed pea merchant. […] Read more

Pulse weekly outlook: Strong demand supporting pea prices
MarketsFarm — There has continued to be a strong demand for peas, as demonstrated by data from the Canadian Grain Commission. And that has been supporting price increases, according to Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. “The overall demand has been very, very good,” she said. In the most recent export data […] Read more

Pulse weekly outlook: Pea exports up on year, China a key buyer
MarketsFarm — Canadian pea exports are running ahead of the year-ago level, with China the main buyer, according to the latest Canadian Grain Commission (CGC) data. Total pea exports tracked by the commission, at 1.12 million tonnes during the first 12 weeks of the 2020-21 crop year, are up 34 per cent compared to the […] Read more

Pulse weekly outlook: Pea harvest nearly complete
MarketsFarm — Canada’s pea crop is almost totally off the fields, but quality remains a question. “Farmers are wrapped up with harvesting right now, so we haven’t received many samples,” said Marcos Mosnaim of Globeways Inc. in Missisauga. The few samples the company has seen have shown good conditions, but it’s not a large enough […] Read more

Pulse weekly outlook: Benchmark report out for fababeans, feed peas
MarketsFarm — Alberta Pulse Growers on Monday released Feed Benchmark Bi-Weekly Reports, providing “a consistent and unbiased estimate of the feeding value of low-tannin fababeans and feed peas” in central Alberta, central Saskatchewan and southern Manitoba. Comparing fababean and feed pea prices to other feed grains, the report stated, “Grains are softening further on the […] 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

Benchmark offers pricing on feed pea value
Feed Pea Benchmark evaluates feed ingredients to determine when feed peas are economically feasible in swine rations
Reading Time: < 1 minute The Alberta Pulse Growers and its Saskatchewan counterpart are relaunching the Feed Pea Benchmark with additional feed ingredient comparisons for Alberta, Saskatchewan and Manitoba. “This is a good tool for the marketplace and growers who are looking at a feed option for their field peas,” said Allison Ammeter, chair of the Alberta Pulse Growers. The […] Read more