Reading Time: < 1 minute MarketsFarm — As prices for both red and green lentils stay firm, experts have predicted lentil acreage across Canada to increase for the 2019 growing season. Carryover from past crops has been negligible in previous years, and what had been produced was quickly sold throughout the year. “This helps farmers’ confidence,” said Tanvir Zaidi, CEO […] Read more
Pulse weekly outlook: Attractive lentil prices may boost acres
Unregistered peas, lentils to be demoted
Reading Time: < 1 minute Any unregistered varieties of lentils or peas harvested in Canada this fall or later will be graded No. 3 Canada at best. The Canadian Grain Commission on Wednesday announced only registered varieties of peas and lentils will be eligible for the No. 1 Canada grade effective Aug. 1 this year. Deliveries of registered and unregistered […] Read more
Pulse weekly outlook: Market depends on India’s fortunes
Reading Time: 2 minutes CNS Canada — When it comes to Canadian pulse crops, David Newman of Commodious Trading says producers, speculators and processors are long — and that has been of great concern to him. “You have everybody wanting to sell and you better hope that there’s someone there to take all of it,” he said. The wildcard […] Read more
Pulse weekly outlook: India seen becoming a pulse buyer again
Reading Time: 2 minutes CNS Canada — After a year that saw India drop off the map as a pulse importer, some industry officials expect we could soon see India re-enter the market. “Seeding is going down, the monsoons are weak. So definitely they will need to import. I see that in the next few months we will start […] Read more
Pulse weekly outlook: Lentil yields look good, worries grow over peas
Reading Time: 2 minutes CNS Canada — It’s a mixed bag in many ways for Saskatchewan’s pulse crops this year, as a dry summer and late rains have meant different things for various crops. According to one industry expert, though, the overall picture doesn’t look bad. “I think overall, if you assess the entire province, it will come in […] Read more
Pulse weekly outlook: Lower lentil yields predicted
Reading Time: 2 minutes CNS Canada — After a year of market woes for lentils, it looks as though the Saskatchewan lentil yield won’t be the best either. “I think overall we would be expecting lentil yields lower than average this year, but it’s hard at this point to put a figure or a number on that,” said Carl […] Read more
Turkish currency crisis casts cloud over lentil exports
Reading Time: 2 minutes CNS Canada — The plunging value of the lira is threatening to curb sales of Canadian lentils to Turkey — traditionally one of Canada’s biggest customers for the pulse. The Turkish lira hit a record low on Monday as soaring inflation and political turmoil sent the currency plunging relative to the U.S. dollar. At the […] Read more
Pulse weekly outlook: Lentil crop prospects look good, market down
Reading Time: 2 minutes CNS Canada — The western Canadian lentil crop is looking good, which has buyers in no rush to lock in contracts. “The crop is germinating well and so (buyers are) not really anxious or worried about having product available in this coming crop year,” said Marlene Boersch, of Mercantile Consulting Venture. Thursday’s crop report from […] Read more
Pulse weekly outlook: Prairie lentils look for spark
Reading Time: 2 minutes CNS Canada — It’s not exactly a banner time for the lentil market. Prices have been steady to slightly lower over the past month as lacklustre interest and Indian tariffs on peas and chickpeas have largely dissuaded farmers from planting pulses in general. “I think the impact and extension of the impact of the Indian […] Read more
Lakehead University to operate Thunder Bay ag station
Reading Time: 2 minutes The not-for-profit Thunder Bay Agricultural Research Station’s quest for a longer-term operating plan has ended with a new operator, and a new name. The Ontario government recently announced it will transfer the TBARS’s operating and research programming responsibilities to Thunder Bay-based Lakehead University, which will now operate the site as Lakehead University Agricultural Research Station […] Read more