Reading Time: 2 minutes MarketsFarm — Prices for Canadian lentils, along with other pulses in the country, have slightly declined since the start of 2022. However, one pulse buyer thinks the next few months can recharge the market. Lionel Ector, president of Diefenbaker Spice and Pulse at Elbow, Sask., explained that a good Australian lentil harvest in December has […] Read more
Pulse weekly outlook: Lentil prices decline, may shift in spring
Pulse weekly outlook: Early signs point to larger Canadian crops
Reading Time: < 1 minute MarketsFarm — Early signs point to a sizeable increase in Canadian pulse production in 2022-23, but co-operative weather will be needed to meet those expectations. Strong returns over the past year relative to other crops should encourage farmers to seed more peas and lentils in 2022, according to the first outlook for the new crop […] Read more
Pulse weekly outlook: Slow demand pulls down pea prices
Reading Time: < 1 minute MarketsFarm — Slow demand has been behind the declines in green and yellow peas, according to Marcos Mosnaim of Mercais Commodities in Toronto. Over the last week, prices for western Canadian green peas have lost 30 cents per bushel at $14.50-$16.20 per bushel delivered, according to Prairie Ag Hotwire. Those for yellow peas have dropped […] Read more
Pulse weekly outlook: Chickpea prices reverse direction
Markets correcting lower, buyer says
Reading Time: 2 minutes MarketsFarm — The chickpea market in Western Canada is undergoing a correction, according to the manager of a pulse buying and processing company in Saskatchewan. With the exception of Desi chickpeas, all varieties of the pulse have seen prices go down two to five cents per pound over the past month, according to Prairie Ag […] Read more
Pulse weekly outlook: Peas, lentils may see slight movement
Reading Time: < 1 minute MarketsFarm — As the calendar changed to 2022, there was not much movement on pulse markets — but they weren’t entirely static, according to a Saskatchewan-based broker. “Yellow and green peas have been moving (lately), but as far as lentils and others, no,” said Dale McManus, broker for Johnston’s Grain at Welwyn, Sask. He attributed […] Read more
Pulse weekly outlook: Transport issues, cold weather may affect prices
Reading Time: < 1 minute MarketsFarm – While significant price movement for pulses has been hard to find as 2022 approaches, major impacts can still be felt when it comes to supply chains. “This time of year, it is very quiet for farmers, processors, exporters, shipping and everything overall,” said Lionel Ector, president of Diefenbaker Spice & Pulse (DSP) in […] Read more
Pulse weekly outlook: Lentils steady during holidays
Reading Time: < 1 minute MarketsFarm — There isn’t much movement in lentil prices as the market is in holiday mode, according to Dale McManus of Johnston Grains at Welwyn, Sask. “We’re doing two or three loads every second or third day, but not over-pushing it,” he said. Prices for lentils have been very steady this week. Lairds in Western […] Read more
McDonald’s, Beyond Meat seen planning big U.S. McPlant expansion
Reading Time: 2 minutes New York | Reuters — McDonald’s Corp. is planning a major expansion of its plant-based burger with Beyond Meat Inc. in the United States in 2022, according to two Wall Street analysts. The companies began testing the “McPlant” patty in eight McDonald’s U.S. locations in November. Those restaurants have been selling enough of the sandwiches […] Read more
Pulse weekly outlook: New investments cause for optimism
Sector looking forward beyond challenges of 2021
Reading Time: 2 minutes MarketsFarm — Canada’s pulse industry had to endure more than its fair share of challenges and obstacles in 2021, domestic and abroad. Nevertheless, the national organization representing pulse growers, traders and processors feels the industry will be strong in the New Year. An already tight supply situation became tighter in 2021 as drought in Western […] Read more
Pulse weekly outlook: Expect little movement in prices during holidays
Reading Time: 2 minutes MarketsFarm — There were no surprises for pulses in Statistics Canada’s latest production report, according to Marlene Boersch of Mercantile Venture Consulting in Winnipeg. With that in mind, she doesn’t expect any significant price changes for pulses. “Part of the reason is we’re starting to glide into the holiday period. We’ll probably see some movement […] Read more
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