GFM Network News


Pulse weekly outlook: Green, yellow pea prices reach parity

Lower-priced green peas meet upwardly-mobile yellows

Reading Time: 2 minutes MarketsFarm — Yellow and green pea prices in Western Canada have taken divergent paths to start 2021, with yellow peas on the rise and greens declining as values reach parity in many locations. Mike Jubinville of MarketsFarm Pro explained that while Canada’s pea exports suffered under yellow pea import restrictions implemented by India, China later […] Read more

Pulse weekly outlook: Yellow pea prices stronger since harvest

Reading Time: < 1 minute MarketsFarm — Yellow pea prices on the Prairies have shown strength since harvest, as they’ve seen an appreciable change in demand from India. Darwin Hamilton of Kalshea Commodities in Winnipeg said India is always looking to increase its pulse acres. But, in the event of shortages, it’s been turning to North America for yellow peas. […] Read more


Pulse weekly outlook: Markets steady heading into holidays

Reading Time: < 1 minute MarketsFarm — Pea and lentil markets in Western Canada are holding relatively steady heading into the holiday season, with little movement expected one way or the other until the New Year. “That’s normal for this time of year,” said Dale McManus of Johnston’s Grain at Welwyn, Sask. on the lack of activity and stagnant prices. […] Read more

Pulse weekly outlook: Canada’s exports solid through first quarter

Reading Time: < 1 minute MarketsFarm — Canadian pulse exports were leaving at the country at a solid pace through the first three months of the 2020-21 marketing year, according to the latest Canadian Grain Commission (CGC) monthly data. Canada exported 343,000 tonnes of peas in October, taking the 2020-21 year-to-date total to 1.136 million tonnes. That’s up by about […] Read more


Suspended pulse crop handlers partly reinstated

Companies can't buy or receive more grain from growers

Reading Time: 2 minutes Three suspended pulse and special crop handling and processing companies are again licensed to move Canadian grain — but not to buy any. The Canadian Grain Commission announced Monday it has reinstated the licences for Globeways Canada Inc. and its subsidiaries: Canpulse Foods Ltd., a pulse and canary seed processor at Kindersley, Sask., and Global […] Read more

Pulse weekly outlook: Lentil prices hit December lull

Reading Time: < 1 minute MarketsFarm — After a year that has seen lentil prices climb by between seven and 13 cents/lb., they have stalled and pulled back a little bit, according to Allan Johnston of Johnston Grains at Welwyn, Sask. “The market is not very friendly,” Johnston said, noting dry pea prices have receded as well. “Lentil prices are […] Read more


Farmers retrieve beans from Global Grain

That will cut the amount of security money needed to cover what farmers are owed

Reading Time: 3 minutes The Canadian Grain Commission (CGC) is still tallying how much farmers are owed by Global Grain Canada Ltd. at Plum Coulee, Man. for dry beans they delivered to the firm but weren’t paid for. However, the potential for farmers not getting what they are owed has been reduced, CGC spokesman Remi Gosselin said in an […] Read more

Pulse weekly outlook: Strong demand supporting pea prices

Reading Time: < 1 minute MarketsFarm — There has continued to be a strong demand for peas, as demonstrated by data from the Canadian Grain Commission. And that has been supporting price increases, according to Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. “The overall demand has been very, very good,” she said. In the most recent export data […] Read more


Pulse weekly outlook: Export demand supports lentils

India set to extend current tariff reductions

Reading Time: < 1 minute MarketsFarm — Lentil prices in Western Canada saw a counter-seasonal rally at the end of harvest and are likely to sustain that rally into winter. “Prices are going to keep going higher,” Darcy Barie, a commodity buyer with Verdient Foods at Vanscoy, Sask., said. Ahead of the 2020 harvest, red lentils were around 24 cents/lb. […] Read more

McDonald’s to make its own ‘McPlant’ items

Beyond Meat says co-created patty

Reading Time: < 1 minute Reuters — Burger chain McDonald’s on Monday decided to debut its own plant-based meat alternatives line called “McPlant” in 2021, including a patty that Beyond Meat subsequently said it helped co-create. “Beyond Meat and McDonald’s co-created the plant-based patty which will be available as part of their McPlant platform,” a Beyond Meat spokesperson said in […] Read more