Daily Network News

More News →

Pulses

Photo: Thinkstock
Markets, Pulses

Pulse Weekly: Australian chickpea crop sees major expansion

By
Reading Time: < 1 minute Australia will see its largest chickpea crop in nearly a decade, according to winter crop production estimates released by the Australian Bureau of Agricultural and Resource Economics (ABARES) on Sept. 3. The agency forecasted 1.333 million tonnes of chickpea production over a seeded area of 1.900 million acres for the 2024-25 crop year, 70 per […] Read more
Photo: Akchamczuk/iStock/Getty Images
Markets, Pulses

Pulse Weekly: Crops growing well in Saskatchewan despite rains

By
Reading Time: 2 minutes As of June 10, seeding was 98 per cent complete in Saskatchewan according to the province’s weekly crop report. Also, 79 per cent of pulse crops were in normal development, while 19 per cent were behind and two per cent were ahead. Lentils were rated 90 per cent good to excellent, while chickpeas were rated at 95 per cent. Field peas were rated at 91 per cent good to excellent, while soybeans were at 83 per cent.
Canadian chickpea exports in April were down from the previous month. Photo: File
Markets, Pulses

Pulse weekly: Canadian pulse exports slowing

By
Reading Time: 2 minutes Glacier FarmMedia – Canadian pulse exports are showing signs of slowing down entering the final months of the 2023/24 marketing year, as end users turn their attention to the looming availability of new crop supplies. Canada has exported 1.286 million tonnes of lentils during the crop year-to-date, running about 25 per cent behind the pace […] Read more
(Screengrab from Merit Functional Foods video via YouTube)
Canola, Crops, Markets, Peas

Merit Foods pays off operating lender, no deal yet for plant

Plant-based protein processor in receivership since March

By
Reading Time: 3 minutes A Winnipeg pea and canola protein processor in receivership since this spring remains mothballed for now with no firm buyer — but has paid off one of its three secured creditors. Merit Functional Foods, which entered receivership March 1 after just two years’ operation, has sold all its remaining finished and raw inventory and directed […] Read more
Green lentils. (Savany/iStock/Getty Images)
Crops, Lentils, Markets

Pulse weekly outlook: Green lentils show strength, reds lag

Green lentil sales limited as farmers bullish

By
Reading Time: 2 minutes MarketsFarm — Green lentil bids in Western Canada are trading at their highest levels of the past year, with solid new-crop pricing opportunities already becoming available. Spot bids for large green lentils can currently be found in the 60 to 72 cents/lb. area, according to Prairie Ag Hotwire data, with new-crop contracts hitting 50 cents […] Read more
File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)
Crops, Markets, Peas

Pulse weekly outlook: Pea prices beginning to weaken

'Increased export competition' seen

By
Reading Time: 2 minutes MarketsFarm — With increased export competition, pea prices in Western Canada have slipped back, according to Levon Sargsyan of Johnston Grains in Calgary. “We are hearing that China slowed their imports down from Canada, which is driving the current decrease in prices,” Sargsyan said. “They have increased their imports from countries like Russia, which is […] Read more
Yellow peas. (Victoria Popova/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Pea exports solid so far, lentils down on year

By
Reading Time: 2 minutes MarketsFarm — Canadian pea exports are running at a solid pace through the first two months of the 2023-24 marketing year, despite smaller production, as exports of newly-harvested supplies in September nearly quadrupled what moved the previous month. Canada exported 440,085 tonnes of peas in September, up from only 99,645 tonnes the previous month, according […] Read more
Lentils. (Seb_ra/iStock/Getty Images)
Crops, Lentils, Markets

Pulse weekly outlook: Lentils shift in narrow range

Farmers seen sitting on product for now

By
Reading Time: < 1 minute MarketsFarm — Price movement for most western Canadian lentils held narrowly rangebound for the week ended Monday. Prairie Ag Hotwire reported most prices remained one cent per pound of unchanged. To Marcos Mosnaim of Export Packers, there were two central reasons for such sparse movement in lentils. “On one side… I will say the lack […] Read more
Chickpea curry. (Modesigns58/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Activity to ramp up for chickpeas

'Quality was good, yields were lower'

By
Reading Time: 2 minutes MarketsFarm — Things are quiet right now on the chickpea front, but that could change in a few weeks, according to Jake Hansen of Mid-West Grain in Moose Jaw. “I think everyone’s getting prepped and ready for Argentina’s harvest, but it’s quiet,” he said. “There’s still movement on previous contracts, but not a lot of […] Read more
Pinto beans. (Vergani_Fotografia/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Smaller North American dry bean crops to underpin prices

Canada's edible bean crop estimated smallest since 2016

By
Reading Time: 2 minutes MarketsFarm — Variable weather conditions during the 2023 growing season cut into edible bean production in some key North American growing regions, with tighter supplies overall likely to keep prices well supported. “The whole world is a little short of beans this year,” said Mitch Coulter, executive director of the Northarvest Bean Growers Association in […] Read more

Latest Market News

More Market News →