Reuters — Beyond Meat, a U.S. maker of plant-based burgers and sausages, said it expects to more than double its revenue and report breakeven EBITDA this year, sending the its shares up over 21 per cent. The company said it expects to record revenue of $210 million in 2019 (all figures US$), with break-even earnings, […] Read more

Beyond Meat sees sales more than doubling in 2019

Pulse weekly outlook: Pulses steady in sea of uncertainty
MarketsFarm — Every spring offers its own mystery of what the growing season will bring, and this year is no different for western Canadian pulse markets. However, while the unknowns are usually linked to the weather or acreage ideas, this year also presents extra challenges for the pulse sector. India remains a major wildcard in […] Read more

Cereal crops to grab more Alberta real estate
Reading Time: < 1 minute Alberta farmers are at the head of the pack in reducing canola acres, according to Statistics Canada’s latest survey. Canola acres are forecast to drop 6.6 per cent nationally, but producers here plan to cut seedings by 10.6 per cent (to 6.09 million acres versus 6.81 million a year ago), says StatsCan. While total wheat […] Read more

Report shows record-large canola stocks at end of March
MarketsFarm — Canada’s canola supplies of just over 10 million tonnes as of March 31 marked a new record for the date, according to Tuesday’s stocks of principal field crops report from Statistics Canada. The government agency pegged canola supplies in the country at the end of March at 10.019 million tonnes, up by 10.5 […] Read more

Canadian farm exports hit new Chinese obstacles amid diplomatic dispute
Winnipeg/Beijing | Reuters — An expanding list of Canadian farm exports is hitting obstacles at Chinese ports, leaving sellers of soybeans, peas and pork scrambling amid a bitter diplomatic dispute. China has already blocked Canadian canola from Richardson International and Viterra, two of Canada’s biggest farm exporters, saying that shipments had pests. Other China-bound canola […] Read more

Views differ on crop exports to China other than canola
MarketsFarm — Depending on whom one has spoken with, there are differing views as to grain exports to China other than canola. The federal government has stated there have been no export issues outside of canola. “The current actions taken by China are limited to canola seed, and we have not received any indication of […] Read more

Field pea pioneer wins innovator award
Reading Time: 2 minutes A pioneer who helped build the field pea industry in the St. Paul area is this year’s winner of the Alberta Pulse Industry Innovator Award. Kirsty Ross (Piquette) was a provincial district agriculturist in the mid-1980s when she started to look for another option to add to the area’s crops and generate more cash flow […] Read more

Pulse weekly outlook: Values steady ahead of road bans, seeding
For pulses so far midwinter there hasn’t been a great deal of movement pricewise, though two factors are seen on the horizon could generate some change: road restrictions and spring seeding. Large green lentils are around 22 cents/lb. picked up at the farm, said Dale McManus of Johnston Grains at Welwyn, Sask., about 145 km […] Read more

Pulse weekly outlook: Nothing new in India
Very little has changed for Canadian pulses in terms of exports to India, according to an analyst. Meanwhile, Canadian stocks of dry field peas and lentils are still relatively large, according to Statistics Canada. India in 2017 imposed import duties to protect its domestic pulse industry and is rumoured to be solidifying those duties, according […] Read more

Unregistered peas, lentils to be demoted
Any unregistered varieties of lentils or peas harvested in Canada this fall or later will be graded No. 3 Canada at best. The Canadian Grain Commission on Wednesday announced only registered varieties of peas and lentils will be eligible for the No. 1 Canada grade effective Aug. 1 this year. Deliveries of registered and unregistered […] Read more