Winnipeg | Reuters — Canadian farmers are on track to harvest a record-large all-wheat crop, and more canola than last year, due mainly to favourable crop conditions, advisory service FarmLink Marketing Solutions estimated Wednesday. The Winnipeg-based company’s staff toured western Canadian fields during the last two weeks of July. “We expected a big crop and […] Read more
Crop tour suggests record-large wheat harvest ahead
Pulse weekly outlook: Good year for Alberta pulses, except in northern regions
MarketsFarm – Pulse crops are doing quite well in most of Alberta, according to the province’s agriculture department. However in the Peace River and northwest regions, the story has been much different. “This year, crop conditions are better than the five-year average in both the south and central regions. In the northern region, excess moisture […] Read more
Pulse weekly outlook: Saskatchewan pulses heading for a good year
MarketsFarm — Pulse crops in Saskatchewan are in shape to have a good year, according to Dale Risula, a pulse specialist with the province’s agriculture department. “Pulses got off to a pretty good start. Moisture levels in the soil were pretty good. Most of the pulses were up and growing rapidly,” Risula said, noting pulse […] Read more
Pulse weekly outlook: Lentil prices off pandemic peak
MarketsFarm — Lentil prices received a bit of a bump earlier in the year from peak pandemic panic-buying, but have subsided in recent weeks. “At the beginning, a lot of people were buying, which led to a spike in prices,” explained Marcos Mosnaim of Globeways Canada in Mississauga. “That scarcity has come down a lot.” […] Read more
Attention turns to yield potential after StatsCan report
Future tweaks to acreage numbers seen as unlikely to sway markets
MarketsFarm — Updated acreage estimates from Statistics Canada came largely within market expectations, with the focus now shifting to growing conditions and yield potential. The survey was completed in early June “and may not have captured all of the seeding delays and potential shifts that may have happened in central/northern Alberta and northwestern Saskatchewan because […] Read more
StatsCan survey shows bump up in wheat acres, particularly durum
Farmers back off canola, soybeans; pandemic expected to cause other problems for ag
Ottawa | Reuters — Canadian farmers planted slightly more wheat overall in 2020 than in 2019, but the coronavirus outbreak will pose “unique challenges” in the production and distribution of crops, Statistics Canada said on Monday. Farmers planted 25 million acres of wheat, up 1.5 per cent from 2019, thanks in part to a 16.2 […] Read more
Canola area expected to be lower in Monday’s StatsCan report
Later-seeded areas expected to add pulse, barley, durum acres
MarketsFarm — Market participants generally expect canola acreage will be revised downward in a second acreage estimate due out Monday from Statistics Canada. “There’s a lot of uncertainty about canola acres,” Ken Ball of P.I. International in Winnipeg said, noting acreage was “definitely lost” in central and northern Alberta due to wet spring conditions. In […] Read more
India’s levy cut on lentils part of balancing act
Global markets had zero or little forewarning of decision
MarketsFarm — To Pulse Canada, the recent move by the Indian government to temporarily reduce the import levy on lentils from 30 to 10 per cent is part of a balancing act between competing interests. Greg Cherewyk, president of Pulse Canada, explained that Prime Minister Narendra Modi is “looking after the needs of a politically […] Read more
Pulse weekly outlook: Levy cut an opportunity for Canadian lentils
MarketsFarm — Canadian lentils should benefit from India lowering its import levy on lentils from 30 to 10 per cent, said Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. The announcement, made June 2, was intended to reduce lentil prices in the country. India’s Ministry of Agriculture and Farmers’ Welfare estimated the lentil crop […] Read more
Pulse prospects are bright, but transport is the big hurdle right now
The pandemic hasn’t hurt demand but a shortage of shipping containers is constraining exports
Reading Time: 3 minutes Short-term demand for Canadian pulses has spiked in the midst of the pandemic as consumers stocked up their pantries. “I’ve seen it called the ‘plan for the worst’ trend, and this sector is pretty well positioned for that kind of buying pattern,” said Greg Cherewyk, president of Pulse Canada. “Generally speaking, when you account for […] Read more