Reading Time: 2 minutes MarketsFarm — This St. Patrick’s Day, it’s not easy being green if you’re a pea. Having reached price parity less than two months ago, Canadian yellow peas are now trading at a premium. According to Prairie Ag Hotwire data from Wednesday, high-delivered bids for yellow peas are now priced at $11.25 per bushel, $4.16 (59 […] Read more
Pulse weekly outlook: Yellow pea demand continues to rise
Pulse weekly outlook: Pulse Canada CEO retiring
Reading Time: 2 minutes MarketsFarm — After nearly 24 years at the helm of Pulse Canada, Gordon Bacon is retiring as the organization’s chief executive officer. Bacon was Pulse Canada’s first hire and has been its CEO since its inception. “It sounds like a story, but on my first day on the job, I went out and bought a […] Read more
Pulse weekly outlook: Turkey’s record-level lentil imports expected to decrease
Country's domestic acreage expected up in 2021
Reading Time: 2 minutes MarketsFarm — Canadian lentil exports to Turkey reached unprecedented numbers in 2020. According to Statistics Canada data, Turkey imported 534,160 tonnes worth $355 million during the calendar year, making it the second-largest buyer of Canadian lentils behind India. Last year’s total nearly equalled the amount of lentils Canada exported to Turkey over the previous three […] Read more
Pulse packers’ security covers cash owed to farmers
Sales of Globeways plants in Manitoba, Saskatchewan now approved
Reading Time: 2 minutes More than 50 farmers who were owed money for deliveries to Prairie pulse and special crop processors Canpulse Foods and Global Grain Canada are expected to get what they’re owed, as both companies’ assets move to new ownership. Canpulse, Global Grain Canada and their parent company Globeways Canada went into receivership last Nov. 19, following […] Read more
Major flour miller to buy U.S. chickpea processor
Ardent Mills to take up Hinrichs Trading Co.
Reading Time: 2 minutes Major North American flour miller Ardent Mills is expanding its reach into pulse-based ingredients with a deal to buy U.S. chickpea processor Hinrichs Trading Co. The two companies said they “expect the deal will help customers bring innovative products to market to meet growing consumer demand for plant-based and specialty ingredients.” Terms of the deal […] Read more
Push on to prevent strike at Port of Montreal
A work stoppage that could start March 20 would disrupt containerized grain exports
Reading Time: 3 minutes Ottawa needs to act now to prevent a strike March 20 that would stop containerized grain from being exported from the Port of Montreal, says Jeff English, vice-president of marketing and communications at Pulse Canada. “This is something we can see off in the distance, but we are going to be there before you know […] Read more
Pulse weekly outlook: Lentil prices increase
Reading Time: < 1 minute MarketsFarm — Lentil prices have been increasing over the last week, making gains of one to five cents per pound depending on the type, according to Prairie Ag Hotwire. “There’s a huge demand on everything right now. The lentil market is strong just like the yellow peas,” Allan Johnston, president of Johnston Grains at Welwyn, […] Read more
Pulse weekly outlook: World Pulses Day celebrated
Reading Time: 2 minutes MarketsFarm — The United Nations celebrated the annual World Pulses Day on Feb. 10, highlighting the contribution of pulse crops to world agriculture and nutrition. “Pulses are more than just nutritious seeds – they also contribute to achieving the goals of the 2030 Agenda of Sustainable Development,” the UN said in a release. “They play […] Read more
Pulse weekly outlook: Normal yields expected for dry beans in 2021-22
Reading Time: 2 minutes MarketsFarm — The number of acres seeded for dry beans in Canada in 2020-21 was at its highest level in more than a decade. But this upcoming crop year, acreage and yields are expected to return to normal. Dennis Lange, pulse specialist for Manitoba Agriculture at Altona, said he hadn’t seen yields like last year’s […] Read more
Pulse weekly outlook: Canada’s lentils face competition
Reading Time: 2 minutes MarketsFarm — Acreage and production of lentils in Canada are expected to mostly remain the same for the 2021-22 crop year. While strong demand during the COVID-19 pandemic has bolstered prices over the past year, increased production from competing exporters may cut into that buying interest going forward. Elyce Simpson Fraser, senior vice-president of Simpson […] Read more