Reading Time: < 1 minute MarketsFarm — Improving lentil prices over the past month may encourage more acres of the pulse crop in Western Canada this spring, according to an industry official, as seeding is set to start within the next few weeks. “With the recent March demand surge, mostly due to COVID-19, pulse prices have increased sending a signal […] Read more
Demand may encourage more red lentil acres: AGT
Pulse weekly outlook: Manitoba pea plant construction continues
Reading Time: < 1 minute MarketsFarm — Work continues on Roquette’s pea processing plant at Portage la Prairie, Man., where the French plant-protein firm says measures have been taken to meet health and safety regulations regarding the COVID-19 pandemic. “Beginning in early March we proactively started collaborating with contractors on COVID-19 prevention measures, such as increased cleaning of communal spaces […] Read more
Logistics, lack of containers hamper pulse crop movement
Reading Time: 2 minutes MarketsFarm — Logistics disruptions due to COVID-19 are hampering nearby movement of pulses, according to a number of industry participants speaking Thursday on a webinar organized by the Global Pulse Consortium. However, the longer-term impact of the pandemic remains to be seen. “The shipping industry has been hugely impacted by COVID-19,” Chris Oliver, nautical director […] Read more
Pulse weekly outlook: Turkey may see larger red lentil crop
Reading Time: 2 minutes MarketsFarm — Turkey is expecting to see an increase in lentil production in 2020, according to a processor in the country. White bean production is also expected to rise, although chickpea production could be down slightly on the year. Fethi Sonmez, CEO of Turkey-based Armada Foods, expects to see red lentil production in the country […] Read more
Pulse weekly outlook: Prices mostly steady ahead of seeding
Reading Time: < 1 minute MarketsFarm — As farmers decide what to plant in 2020, Dale McManus of Johnston’s Grain at Welwyn, Sask. hasn’t seen any significant deviation from what producers normally buy for pulse seed. “Red lentils, green lentils, green and yellow peas,” McManus cited among the pulses being purchased. Also, he noted, prices have remained quite steady in […] Read more
Pulse weekly outlook: U.S. bean acres to increase, other pulses down
Reading Time: < 1 minute MarketsFarm — Farmers in the U.S. intend to plant more edible bean acres in 2020, but will seed less area to peas, lentils and chickpeas, according to the U.S. Department of Agriculture’s prospective plantings report. Edible bean area in the country is forecast at 1.372 million acres, which would be up roughly seven per cent […] Read more
Pulse weekly outlook: Lack of willing sellers underpins prices
Reading Time: < 1 minute MarketsFarm — Pea and lentil bids in Western Canada are holding relatively steady for the time being, despite anecdotal reports of increased international demand due to the COVID-19 pandemic, with attention soon shifting to spring seeding. A lack of willing sellers is keeping pulse bids underpinned in Western Canada, according to broker Dale McManus of […] Read more
Pulse weekly outlook: Increased demand seen, but problems loom
Reading Time: < 1 minute MarketsFarm — Unlike other commodities, pulses aren’t yet feeling ill effects from an economic downturn due to the COVID-19 coronavirus outbreak, according to Marcos Mosnaim of Globeways Canada in Mississauga. With consumers panic-buying, there has been increased demand for pulses, as many are non-perishable, Mosnaim said. “These products will be there for ages,” he said, […] Read more
Pulse weekly outlook: Bids underpin Manitoba edible bean area
Province's soybean acres expected to fall
Reading Time: 2 minutes MarketsFarm — Solid prices should keep Manitoba farmers growing edible beans in 2020, although soybean area will likely drop, according to a provincial specialist. Disappointing harvest weather in 2019 hurt yields and cut into harvested area for edible beans in both Manitoba and across the border in the United States. As a result, prices heading […] Read more
Pulse weekly outlook: Conditions optimal for India’s winter crops
Reading Time: < 1 minute MarketsFarm — Cold weather in key growing regions of India could indicate high production levels for winter pulse crops. Heavy showers and colder temperatures in Punjab, Haryana and Uttar Pradesh created “ideal conditions” for winter-sown pulses, according to India’s agriculture commissioner SK Malhotra. Malhotra explained that the output of the winter-grown pulse crops will likely […] Read more
A message from April Stewart, Country Guide's Associate Editor
