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: Manitoba growers hope timely rains follow snows
High N prices may favour pulse acres
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
Adjustments minor in latest AAFC crop balance sheets
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
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
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