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Pulses

Crops, Markets, Peas, Reuters

Plant-based protein maker Roquette sees short-term COVID-19 impact

Demand could accelerate second Canadian plant

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Reading Time: 2 minutes Paris | Reuters — The plant-based protein market has seen a slowdown in new product launches and lower sales in restaurants and cafeterias due to COVID-19 but benefited from more people cooking at home and trying new products, French manufacturer Roquette said. The market for plant-based protein such as meat-free burgers has surged in the […] Read more
Crops, Lentils, Markets, Peas

Pulse weekly outlook: Peas, lentils see some strength

Lentil trade watching India

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Reading Time: < 1 minute MarketsFarm — Canadian pea and lentil markets have shown some post-harvest strength in recent weeks, with good offshore demand providing support. “On the yellow pea side, it’s China, and on lentils, it’s basically India,” Marcos Mosnaim, of Globeways Canada, said of the strength in both markets. Yellow peas are currently trading as high as $7.50 […] Read more
Crops, Lentils, Markets

India restores reduced tariff on lentil imports

All but U.S. lentil imports to get better break on duty, again

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Reading Time: 2 minutes India has reinstated a reduced-rate tariff on imports of lentils from Canada as well as from all lentil-exporting nations other than the United States. Saskatchewan Pulse Growers on Friday reported receiving a Sept. 17 notification of amendment from India’s finance ministry regarding customs tariffs on lentils, which in Canada’s case had snapped back to 33 […] Read more
Crops, Markets, Pulses

Pulse weekly outlook: Chickpea production expected up in 2021

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Reading Time: 2 minutes MarketsFarm — Following an expected 11.4 per cent drop in Saskatchewan’s chickpea harvest this year, provincial pulse specialist Dale Risula is expecting an increase in 2021. In Statistics Canada’s most recent field crop report, issued last week, chickpea production in Saskatchewan was estimated to have dropped from 224,600 tonnes in 2019 to 199,010 tonnes this […] Read more
Crops, Lentils, Markets

Saskatchewan lentil crop projections raise skepticism

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Reading Time: 2 minutes MarketsFarm — There’s a little skepticism towards Statistics Canada’s projections for this fall’s lentil crop in Saskatchewan. The federal agency on Monday pegged the province’s 2020 lentil crop to come in at around 2.61 million tonnes on about 3.73 million acres. That’s almost a 26 per cent jump in production on a 13.2 per cent […] Read more
Crops, Lentils, Markets

Pulse weekly outlook: Lentil crop expected to spike in Alberta

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Reading Time: 2 minutes MarketsFarm — One bright spot for Alberta agriculture in 2020 has been the province’s lentil crop. The amount of the pulse grown this year skyrocketed by more than 173 per cent than compared to 2019, according to Statistics Canada. The federal agency reported Monday that lentil production in Alberta is set to hit a record […] Read more
Crops, Markets, Pulses, Weather

Pulse weekly outlook: Fababeans staying on field

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Reading Time: < 1 minute MarketsFarm — As other crops make their way into the bin, fababeans across the Prairies are lagging behind. “They’re further behind this year because they were later going in,” said Dale McManus, a broker with Johnston Grains at Welwyn, Sask. Saskatchewan grows over half of Canada’s fababeans, and most are grown around the Yorkton area, […] Read more
Crops, Markets, Pulses

Pulse weekly outlook: Large Canadian crops expected

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Reading Time: < 1 minute MarketsFarm — Canada will have grown a record-large pea crop in 2020 and possibly the second-largest lentil crop ever, according to preliminary estimates from Statistics Canada, released Monday. Using satellite imagery and model-based yield estimates, the government agency pegged the 2020-21 Canadian field pea crop at 4.996 million tonnes. That would be a new record […] Read more
Canola, Crops, Peas

Bunge buys into canola, pea protein maker Merit

Agribusiness giant takes quarter stake in processor

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Reading Time: 2 minutes One of the world’s biggest grain companies is getting in on a processing facility under construction in Winnipeg to extract plant-based proteins from canola and peas. Winnipeg-based Merit Functional Foods announced Thursday it has received a $30 million “capital investment” from Bunge, giving the U.S. grain firm a “minority interest” worth 25 per cent. Burcon […] Read more
Crops, Lentils, Markets

Pulse weekly outlook: Harvest activity pressures lentils

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Reading Time: < 1 minute MarketsFarm — With harvest activity beginning across most of the Prairies, pulse prices are experiencing typical harvest pressure. About 20 per cent of the lentil crop has been harvested in Saskatchewan, according to the province’s crop report from Thursday. The west-central region lagged furthest behind the province’s average rate, with just seven per cent of […] Read more

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