Reading Time: 2 minutes MarketsFarm — Tightening worldwide chickpea supplies could bode well for prices later this year, although Canadian acres will likely be down and there’s still a long growing season ahead. Canadian farmers intend to seed 175,200 acres of chickpeas in 2022, which would be down 5.5 per cent from the previous year and the smallest acreage […] Read more
Tightening supplies likely to underpin chickpea market
Pulse weekly outlook: Lentil acres likely up in 2022
Other pulses likely down, though
Reading Time: 2 minutes MarketsFarm — Statistics Canada released its first survey-based crop acreage estimates of 2022 on Tuesday, reporting that while more lentil acres may be planted this spring, other pulses are expected to have their seeded area shrink. The national data agency projected 4.49 million acres of lentils will be planted in Canada this year, a 4.2 […] Read more
Pulse weekly outlook: Larger U.S. pea, lentil areas expected
Reading Time: 2 minutes 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
AAFC warns of uncertainty in latest crop outlook
Reading Time: 2 minutes MarketsFarm — The supply/demand balance sheets for Canada’s major crops were largely left unchanged in the latest outlook Friday from Agriculture and Agri-Food Canada. While the March report only saw minor revisions, the government agency cautioned that “the economic outlook, for the world and Canadian grain markets, is particularly uncertain due to the Russian invasion […] 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
Reading Time: 3 minutes 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
Adjustments minor in latest AAFC crop balance sheets
Reading Time: 2 minutes 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
Reading Time: < 1 minute 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
Pulse weekly outlook: Pulse stocks drop due to drought
Reading Time: < 1 minute 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: Chickpea prices reverse direction
Markets correcting lower, buyer says
Reading Time: 2 minutes MarketsFarm — The chickpea market in Western Canada is undergoing a correction, according to the manager of a pulse buying and processing company in Saskatchewan. With the exception of Desi chickpeas, all varieties of the pulse have seen prices go down two to five cents per pound over the past month, according to Prairie Ag […] Read more
Pulse weekly outlook: Transport issues, cold weather may affect prices
Reading Time: < 1 minute 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
A message from April Stewart, Country Guide's Associate Editor
