MarketsFarm — Only minor adjustments to the old- and new-crop balance sheets were reported by Agriculture and Agri-Food Canada in their February supply/demand report, released Friday. New-crop production estimates were left unchanged for all of the major grains, oilseeds and pulses, with a return to average yields across the Prairies expected to lead to increased […] Read more
Adjustments minor in latest AAFC crop balance sheets
Pulse weekly outlook: Chickpea prices lower but still very good
MarketsFarm — Although prices for chickpeas have pulled back somewhat over the last month, Colin Young of Midwest Grain at Moose Jaw, Sask. emphasized the market has not turned bad in any manner. “It’s just the level of expectation we had, given the rise in prices of other commodities. Given that we were out there […] Read more
ADM releases alternative protein outlook for 2022
MarketsFarm — Major U.S. agribusiness ADM released a report Tuesday identifying the seven biggest trends in the alternative protein market, ranging from creating new protein sources from fungi to making plant-based meat substitutes more affordable and palatable to the general public. The seven trends in the report were: introduction of novel protein sources, using microbial […] Read more
Pulse weekly outlook: Pulse stocks drop due to drought
MarketsFarm — Statistics Canada’s latest report on stocks of principal field crops clearly demonstrated how much of an effect last summer’s historic drought in Western Canada had on pulse crops. According to the report released Tuesday, last December’s total domestic stocks for dry peas, chickpeas, lentils and soybeans all declined from the year earlier. Those […] Read more
Pulse weekly outlook: Lentil prices decline, may shift in spring
MarketsFarm — Prices for Canadian lentils, along with other pulses in the country, have slightly declined since the start of 2022. However, one pulse buyer thinks the next few months can recharge the market. Lionel Ector, president of Diefenbaker Spice and Pulse at Elbow, Sask., explained that a good Australian lentil harvest in December has […] Read more
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: Peas, lentils may see slight movement
MarketsFarm — As the calendar changed to 2022, there was not much movement on pulse markets — but they weren’t entirely static, according to a Saskatchewan-based broker. “Yellow and green peas have been moving (lately), but as far as lentils and others, no,” said Dale McManus, broker for Johnston’s Grain at Welwyn, Sask. He attributed […] Read more
Pulse weekly outlook: Transport issues, cold weather may affect prices
MarketsFarm – While significant price movement for pulses has been hard to find as 2022 approaches, major impacts can still be felt when it comes to supply chains. “This time of year, it is very quiet for farmers, processors, exporters, shipping and everything overall,” said Lionel Ector, president of Diefenbaker Spice & Pulse (DSP) in […] Read more
Opportunity awaits: Will Alberta seize the day in pulse processing?
The province’s pulse sector saw setbacks and successes in 2021, but what happens next will be key
Reading Time: 6 minutes Pulse processing on the Prairies has come a long way, but there’s still a long way to go — especially here in Alberta. “If you’d asked me 10 years ago, I would have said, ‘Ten years from now, we shouldn’t be shipping yellow peas away.’ And here we are, still fractionating far too large a […] Read more
Pulse weekly outlook: Lentils steady during holidays
MarketsFarm — There isn’t much movement in lentil prices as the market is in holiday mode, according to Dale McManus of Johnston Grains at Welwyn, Sask. “We’re doing two or three loads every second or third day, but not over-pushing it,” he said. Prices for lentils have been very steady this week. Lairds in Western […] Read more
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