GFM Network News

Pulse weekly outlook: Weather threatens India’s crops

MarketsFarm — India is experiencing abnormal rain and weather patterns that have resulted in almost half of the country receiving drastically less rain than usual. In total, the entire country is experiencing about 12 per cent less precipitation than is normally expected. Particularly, provinces in India’s key pulse-growing region are experiencing significant droughts during a […] Read more

Grain Commission suspends ILTA Grain’s licenses

Farmers owed money for grain delivered to ILTA Grain Inc. should call the Canadian Grain Commission (CGC). The CGC on Thursday suspended the Surrey, B.C.-based company’s grain dealer’s license and its primary grain elevator licenses for elevators at Belle Plaine and Saskatoon, Sask., Remi Gosselin, the CGC’s manager of corporate information services, said in an […] Read more

Pulse exporter ILTA Grain under creditor protection

Corrected, July 11 — MarketsFarm — B.C.- based pulse exporter ILTA Grain, which operates pulse handling and processing facilities in Saskatchewan, has been granted creditor protection by that province’s Supreme Court. “The decision to file for (Companies’ Creditors Arrangement Act protection) was made after careful consideration and in our view, is a necessary step for […] Read more

Pulse weekly outlook: Eyes on India as North America’s prices firm

CNS Canada — From where Prairie pulse market analysts sit, India’s politics and current weather situation remain important to watch. India’s national election will be called in the next three to five months. “There’s so many hundreds of thousands of farmers in India and they have political clout,” said Allan Johnston of Johnston Grains at […] Read more

Pulses on display at a wholesale market in Guwahati, India. This picture was taken in February so it’s possible 
the red lentils might have come from Canada. But since April, India’s pulse imports have fallen by 80 per cent.

The market is shaky but there’s still a lot of pulse acres out there

India’s absence has pushed down acres, but Alberta is still growing one of its largest-ever crops

Pea and lentil prices have crashed, but Alberta farmers are still growing a lot of pulses. “Everything that happened in India caused a shock, not only to Canada, but globally,” said Leanne Fischbuch, executive director of Alberta Pulse Growers. The peak year for pulse production in Alberta was two years ago, and acreage has dropped […] Read more