MarketsFarm — As Russia’s invasion of Ukraine continue to swing markets up and down, typical issues and other external factors have amplified volatility in the pulse markets, according to one trader. David Newman, owner of Commodius Trading at North Saanich, B.C., explained that while the conflict in Eastern Europe is affecting markets everywhere, the usual […] Read more
Pulse weekly outlook: Market uncertainty all around
Pulse weekly outlook: Early signs point to larger Canadian crops
MarketsFarm — Early signs point to a sizeable increase in Canadian pulse production in 2022-23, but co-operative weather will be needed to meet those expectations. Strong returns over the past year relative to other crops should encourage farmers to seed more peas and lentils in 2022, according to the first outlook for the new crop […] Read more
Pulse weekly outlook: New investments cause for optimism
Sector looking forward beyond challenges of 2021
MarketsFarm — Canada’s pulse industry had to endure more than its fair share of challenges and obstacles in 2021, domestic and abroad. Nevertheless, the national organization representing pulse growers, traders and processors feels the industry will be strong in the New Year. An already tight supply situation became tighter in 2021 as drought in Western […] Read more
Pulse weekly outlook: Container crisis affecting markets, shipments
MarketsFarm — As hot and dry weather, especially in Western Canada, have wrought havoc on Canadian pulse crops and raised prices, it’s also becoming more difficult to export pulses overseas. Shipping containers, in which 30 per cent of Canada’s peas and more than 50 per cent of Canada’s lentils are transported, are currently in a […] Read more
Pulse weekly outlook: Pulse Canada CEO retiring
MarketsFarm — After nearly 24 years at the helm of Pulse Canada, Gordon Bacon is retiring as the organization’s chief executive officer. Bacon was Pulse Canada’s first hire and has been its CEO since its inception. “It sounds like a story, but on my first day on the job, I went out and bought a […] Read more
Pulse weekly outlook: World Pulses Day celebrated
MarketsFarm — The United Nations celebrated the annual World Pulses Day on Feb. 10, highlighting the contribution of pulse crops to world agriculture and nutrition. “Pulses are more than just nutritious seeds – they also contribute to achieving the goals of the 2030 Agenda of Sustainable Development,” the UN said in a release. “They play […] Read more
Pulse industry watching container supply closely
One major container firm is shipping them back to Asia empty to meet a surge in demand
Pulse Canada is keeping an eye on container supplies following the recent announcement by a major supplier it would be shipping them back empty to Asia from North America to meet a surge in demand. Why it matters: Canadian pulse crop exporters rely on shipping containers to get their products to international customers. A lack […] Read more
Pulse weekly outlook: Chickpea prices steady into harvest
MarketsFarm — The chickpea harvest is underway in some areas of the Prairies, including southern Alberta and southwestern Saskatchewan, where pulse crops were planted earlier due to drier spring weather. So far, the chickpea crop has seen co-operative weather conditions. “As we go along with this sunshine and heat, the pulses are coming in very […] 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
Grains, oilseeds, pulses hold their own amid pandemic
MarketsFarm — Prices for grains, oilseeds and pulses are not as bad off as livestock values are due to the COVID-19 pandemic, according to Neil Townsend, chief market analyst for FarmLink Solutions in Winnipeg. FarmLink hosted a webinar Wednesday to provide its outlook for the coming crop year. One thing Townsend stressed was there is […] Read more
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