Reading Time: 2 minutes MarketsFarm — As India’s pulse harvest continues, indications have been that initial projections might not be met — which could lead the world’s largest producer and consumer of pulses to allow more imports, MarketsFarm Pro analyst Mike Jubinville says. The Indian government expected about 11.5 million tonnes of chickpeas, but the harvest might bring in […] Read more
Pulse weekly outlook: Harvest shortcomings could open doors to India
Pulse weekly outlook: StatsCan’s pea, chickpea acres short of trade expectations
Reading Time: 2 minutes MarketsFarm — Numbers were seen as disappointing for dry peas and chickpeas in Statistics Canada’s survey-based principal field crop planting projections released Tuesday. The federal agency predicted 3.839 million acres seeded for dry peas nationwide, nearly a 10 per cent decline compared to last year. By comparison, MarketsFarm projected 4.38 million acres while Agriculture and […] Read more
StatsCan’s projected canola area on low side of expectations
Wheat acres expected lower, barley up
Reading Time: 2 minutes MarketsFarm — As the market grapples with new planting projections from Statistics Canada, one thing was abundantly clear to MarketsFarm Pro analyst Mike Jubinville: this canola forecast isn’t enough to rectify tight ending stocks. In StatsCan’s survey-based principal field crop areas report, released Tuesday, the federal agency pegged canola acres for 2021-22 at 21.53 million, […] Read more
Slight adjustments in AAFC’s April supply/demand report
Reading Time: 2 minutes MarketsFarm — Updated supply and demand estimates from Agriculture and Agri-Food Canada, released Tuesday, included only minor adjustments to balance sheets for most major crops. Statistics Canada releases its first survey-based acreage estimates for the upcoming growing season on Tuesday next week (April 27), which should lead to adjustments in subsequent supply/demand projections. Canola ending […] Read more
Pulse weekly outlook: Seeding numbers may exceed USDA expectations
Reading Time: 2 minutes MarketsFarm — The U.S. Department of Agriculture’s (USDA) prospective plantings report, delivered March 31, provided a mixed bag for pulse growers in that country as far as the numbers are concerned. Some analysts, however, believe the actual acres seeded will top USDA’s projections. Increasing demand from China, India and a recovering domestic market have raised […] Read more
Feed weekly outlook: Alternatives in greater demand
Reading Time: 2 minutes MarketsFarm — Price increases for feed barley and wheat in Western Canada have caused more feeders to look elsewhere for sustenance for their livestock. Prices over the last year have shot up 25 to 40 per cent, according to Prairie Ag Hotwire. “Any time you run into a high-priced commodity market, the cost of feeding […] Read more
Saskatchewan to pare school tax mill rate for farmland
EPT mill rates to rise for residential, other properties
Reading Time: 2 minutes Saskatchewan’s latest budget taps down the education property tax (EPT) mill rate it sets on farmland, while raising those mill rates on other property classes. The provincial government, in Tuesday’s budget, set the provincewide EPT mill rate on agricultural land for 2021 at 1.36, down slightly from the previous rate of 1.43. EPT mill rates […] Read more
Pulse weekly outlook: Shipping delays aggravate growers, exporters
Montreal longshoremen's strike again possible
Reading Time: 2 minutes MarketsFarm — On top of disruptions to major supply chains and shipping routes already due to the COVID-19 pandemic, recent events are causing even more headaches for pulse exporters and growers. The six-day blockage of the Suez Canal by the grounded container ship Ever Given caused a major backup of container ships, tankers and other […] Read more
Major flour miller to buy U.S. chickpea processor
Ardent Mills to take up Hinrichs Trading Co.
Reading Time: 2 minutes Major North American flour miller Ardent Mills is expanding its reach into pulse-based ingredients with a deal to buy U.S. chickpea processor Hinrichs Trading Co. The two companies said they “expect the deal will help customers bring innovative products to market to meet growing consumer demand for plant-based and specialty ingredients.” Terms of the deal […] Read more
Pulse weekly outlook: Adversity bolsters chickpea bids
'Other crops just pencil in better'
Reading Time: 2 minutes MarketsFarm — Canadian chickpea prices have either stayed firm or slightly went up as the pulse runs into more than its fair share of adversity. Limited supply, reduced demand and environmental factors have all affected the long-term prospects of the crop at home and abroad, according to Colin Young of MidWest Grain in Moose Jaw. […] Read more
A message from April Stewart, Country Guide's Associate Editor
