Reading Time: 2 minutes CNS Canada — Lentil prices just keep moving up in Western Canada, with no end in sight to the rising market as end users work to book coverage. However, the high prices may prove unsustainable, especially in the long run, as values are already expensive for international buyers and strong new-crop prices should lead to […] Read more
Lentil prices just keep rising
Wide-ranging green lentil quality good for Sask. markets
Reading Time: 1 minute CNS Canada — Variable weather throughout Saskatchewan’s growing season brought a range of quality and prices to green lentil producers — and that’s a good thing, according to a processor in the province’s south. The final quality of green lentils in Saskatchewan ranges from No. 1 to No. 3, said Colin Young of Midwest Investments, […] Read more
Churchill to move pulses this fall, consider partnerships
Reading Time: 2 minutes Churchill | CNS Canada –– As its shipping season gets underway, the operators of Manitoba’s Port of Churchill are considering options for keeping the port viable going forward — especially as the end looms for its government subsidy. Churchill has previously relied on the Canadian Wheat Board as its primary supplier of grain, but in […] Read more
Large green lentil prices move up on supply concerns
Reading Time: 2 minutes CNS Canada — Price-wise, large green lentils have been outpacing their red counterparts, due to poor acreage and a general disappearance of the crop, according to an industry specialist. Delivered No. 1 large green or Laird lentils are between 38 and 47 cents per pound, according to Prairie Ag Hotwire. Those prices would bring farmers […] Read more
Early Sask. lentil, pea harvests likely to support prices
Reading Time: < 1 minute CNS Canada –– Saskatchewan’s dryness could likely mean an earlier harvest and smaller yield for pea and lentil crops this year, according to a regional crop specialist. That means new-crop prices will be supported, said Chuck Penner, president at LeftField Commodity Research. Old crops are disappearing, he said, and the market will become active as […] Read more
Sources say BASF mulling potential bid for Syngenta
Reading Time: 2 minutes Reuters — German chemicals group BASF is considering a potential offer for Syngenta, its Swiss rival which has received a C$56 billion takeover offer from Monsanto, people familiar with the matter said on Wednesday. BASF is speaking to investment bankers about the possibility of an offer for Syngenta, though it has made no decision and […] Read more
Sask. producer car loader firm owners approve AGT bid
Reading Time: 2 minutes Shareholders in a western Saskatchewan producer car loading firm have approved a deal to sell their loading sites to Regina pulse processor AGT Food and Ingredients for $22 million. AGT announced Tuesday it has completed its deal, announced in April, to buy the bulk loading assets from Eston, Sask.-based West Central Road and Rail. The […] Read more
Tight lentil market watching weather
Reading Time: < 1 minute CNS Canada — Old-crop large green lentils saw a jump in price over the past week, but actual supplies are few and far between, with most market participants turning attention to new-crop opportunities and weather uncertainty across Western Canada’s lentil-growing regions. “The trade is very thin right now,” said analyst Chuck Penner of LeftField Commodity […] Read more
Strong new-crop prices could entice more pea, lentil area
Reading Time: 2 minutes CNS Canada — Stronger prices for new-crop lentils and peas over the past few weeks could lead to an increase in Canadian acreage compared to the Statistics Canada estimates released last week. “You have to look at the timing of when the survey was done for the StatsCan report. Of course there’s a bit of […] Read more
Record Prairie lentil area likely
Reading Time: 2 minutes CNS Canada –– Canadian lentil acres are expected to rise considerably this spring, with most of the increase in red lentils, according to industry participants. While the acres are going up, the opposite is likely in prices. “Everybody is looking for an increase (in lentil acres),” said Darren Lemieux of Simpson Seeds at Moose Jaw, […] Read more
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