MarketsFarm — Farmers in the United States will grow more lentils and peas in 2022, although chickpea area may be down, according to early estimates ahead of spring seeding. Total pea area in the country is forecast at 1.088 million acres, which would be up 11 per cent from 2021, according to the U.S. Department […] Read more
Pulse weekly outlook: Larger U.S. pea, lentil areas expected
Pulse weekly outlook: Saskatchewan growers wait for rain
MarketsFarm — As the snow melts on the Prairies, pulse growers are making their final preparations before seeding, while at the same time hoping not to see a repeat of last year’s historic drought. In Saskatchewan, snow cover has varied in pulse-growing areas, making some growers nervous. “There’s still a lot of concern about dryness […] Read more
Pulse weekly outlook: Market uncertainty all around
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: Lentil prices expected to hold
MarketsFarm — Prices for green and red lentils are very likely to remain relatively steady, according to Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. “Inventories are relatively low and there are not a lot of people to go to for green lentils in Canada,” she said. “From a buyer’s point of view, they’re […] Read more
Pulse sector hails renewed trade talks with India
MarketsFarm — Canada and India have formerly relaunched trade negotiations that could lead to increased Canadian pulse exports to the country. Canada’s Trade Minister Mary Ng met with her Indian counterpart Shri Piyush Goyal in New Delhi on Friday to discuss economic relationships between the two countries. While highlighting existing trade relationships, the ministers also […] Read more
W.A. Grain’s farmer suppliers to get 80 cents on dollar
CGC program to provide $5.6 million of $7.1 million owed
Farmers owed $7.1 million by W.A. Grain and Pulse Solutions, which had facilities in Alberta and Saskatchewan, will get $5.6 million, or about 80 per cent of the money owed to them, via the Canadian Grain Commission’s (CGC) Safeguards for Grain Farmers Program. “While we regret producers didn’t get 100 per cent (of what they […] Read more
Pulse weekly outlook: Manitoba growers hope timely rains follow snows
High N prices may favour pulse acres
MarketsFarm — As March 1 marked the start of meteorological spring, it feels like anything but that in southern Manitoba. One of the snowiest and coldest winters in years has been a mixed blessing for pulse growers, providing much-needed moisture for fields while also raising flood fears in some areas. Dennis Lange, a pulse specialist […] Read more
Pulse weekly outlook: India removes tariffs on most lentil imports
MarketsFarm — Lentil suppliers in Canada have received a bit of a boost from a surprise policy decision overseas. India’s government on Feb. 12 suspended all tariffs on most lentil imports, which will reduce costs for its two largest exporters, Canada and Australia, to ship the crop to the country. The tariff removal is not […] Read more
Saskatchewan forage rainfall insurance to adjust for hot spells
SCIC also expanding crop roster for contract price option
Saskatchewan forage and corn growers whose crops are insured against below-normal rainfall can expect a beneficial bump starting this year if those crops get cooked in high heat. The Saskatchewan and federal governments on Tuesday announced details for their 2022 crop insurance program — under which average coverage is expected to reach $405 per acre, […] Read more
Pulse weekly outlook: Four factors to consider before going with peas
MarketsFarm — There are four factors to consider before deciding whether to plant dry peas this spring, according to Darryl Domitruk, executive director of Manitoba Pulse and Soybean Growers at Carman, Man. The first is field selection, as peas need to be planted with less residuals such as nitrates, Domitruk said. “Pulses manufacture their own […] Read more
Cyber-Savvy Farmer
