Reading Time: 2 minutes MarketsFarm — Statistics Canada (StatCan) showed a mostly tightened outlook for Canadian pulses in its first model-based supply/demand estimates for the 2023-24 marketing year. StatCan on Tuesday released those projections, which largely presented a reduction in yields due to ongoing dry conditions on the Prairies. As of July 31, Canadian dry field pea output was […] Read more
Pulse weekly outlook: Lentils, peas show large declines in StatCan report
Chickpea, soy production expected up on the year
Pulse weekly outlook: AAFC trims production numbers
Lentil, chickpea prices up after report
Reading Time: 2 minutes MarketsFarm — Among the many revisions Agriculture and Agri-Food Canada made to its August supply and demand report on Friday were reductions in pulse output for 2023-24. Most of Canada’s pulses are grown on the Prairies, and in particular southern Alberta and western Saskatchewan, which happen to be the driest parts of the region, leading […] Read more
Pulse weekly outlook: Chickpea market neither bullish nor bearish
Market players awaiting harvest
Reading Time: 2 minutes MarketsFarm — Hot and dry growing conditions earlier in the growing season cut into Canada’s chickpea yields in 2023-24, but quality should be good if the weather co-operates through the harvest. Canadian farmers planted 315,600 acres of chickpeas in 2023, which was well above the 233,800 acres seeded the previous year, according to Statistics Canada […] Read more
Pulse weekly outlook: Average yields expected for Manitoba crops
Beans, soy may still benefit if rain comes
Reading Time: 2 minutes MarketsFarm — Pulse crops in Manitoba fared well against the elements which included sporadic rainfall and normal to below-normal temperatures for much of the past month. Provincial pulse specialist Dennis Lange in Altona said field peas should begin harvesting operations next week. “As far as pea acres go, we’re looking at about 145,000 acres. That’s […] Read more
Pulse weekly outlook: lentils poised to go either way pricewise
Everything is dependent on the yields come harvest says analyst
Reading Time: 2 minutes MarketsFarm – Before the harvest of lentils gets underway across the Canadian Prairies, there has been some speculation as to which way prices could go, according to Levon Sargsyan of Johnston’s Grain. “Of the two stories I’m getting, one is from farmers, and one is from buyers, and of course there’s bias,” Sargsyan commented. “[The […] Read more
Saskatchewan crops a mixed bag
Some cereal crops beyond harvesting with plans to salvage for feed
Reading Time: 2 minutes Marketsfarm – There was a wide mixture of the results in the latest crop report from Saskatchewan Agriculture. Parts of the province were hobbled by drought conditions, while other areas received upwards to 40 millimetres of rain following a series of thunderstorms during the week of July 18 to 26. The desiccation of pulse crops […] Read more
Pulse weekly outlook: recent rains could stabilize crops
Prices for pulses across Western Canada have been steady
Reading Time: 2 minutes Marketsfarm – Despite the rain the Canadian Prairies received since July 17, MarketsFarm Pro analyst Mike Jubinville pointed out that the major pulse crop areas got very little. While any precipitation has been beneficial to this year’s crops struggling with dry conditions, Jubinville said, it won’t help that much. “In terms of advancing pea and […] Read more
AAFC lowers Canadian wheat ending stocks estimates
Drop in estimated oats carryout another notable adjustment
Reading Time: < 1 minute MarketsFarm – Canadian wheat ending stocks for both the current marketing year and 2023/24 (Aug/Jul) were revised lower by Agriculture and Agri-Food Canada’s market analysis division in its updated supply/demand estimates, released July 21, with tighter oats and pulse stocks also expected. Wheat ending stocks for 2022/23 were lowered to 3.540 million tonnes by AAFC, […] Read more
Pulse weekly outlook: Exports solid through 10 months
West Coast ports move to clear strike backlog
Reading Time: 2 minutes MarketsFarm — Canadian pulse exports continued at a solid pace through most of the 2022-23 marketing year, although recent disruptions on the West Coast may cut into the final total. Roughly a quarter of all Canadian pea exports, a third of the lentils, and all the chickpeas typically move by container, with a strike by […] Read more
Pulse weekly outlook: B.C. port strike drags on exports
Cargoes either stuck at port or held at home
Reading Time: 2 minutes MarketsFarm — As the 11-day-old port workers strike in British Columbia continued to impede exports from Canada’s West Coast, Marcos Mosnaim of Export Packers said the work stoppage was taking a toll on the country’s pulse exports — specifically those exported by container. “So you have cargo held in Vancouver or on its way to […] Read more
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