Reading Time: 2 minutes MarketsFarm — An early snow storm hit key edible bean growing regions of Manitoba and the northern U.S. hard, with a large portion of the crop in the region now facing an uncertain future. “It is unprecedented what’s happened at this point,” said Tim Courneya, executive vice-president of the Northarvest Bean Growers Association, which represents […] Read more
Pulse weekly outlook: Early snow hurts edible bean prospects
Allegations of U.S. peas, lentils passed off as Canadian
Reading Time: 2 minutes MarketsFarm — A company in the United States has alleged there are green peas and green lentils being shipped from the U.S. to Canada, then exported to China and India as being Canadian. Jeff Van Pevenage, president of Columbia Grain at Portland, Ore., first made the allegations to the Western Producer in September. He said […] Read more
Ontario to host global test for McDonald’s pulseburger
Reading Time: 2 minutes The biggest quick-service dining chain on the planet is set to use southwestern Ontario as the global test market for its first foray into Beyond Meat. McDonald’s announced Thursday it will run a 12-week test for a plant-based burger it calls the “P.L.T.” exclusively at 28 restaurants in the region starting Monday. “This test allows […] Read more
Pulse weekly outlook: Rains delay large Manitoba bean harvest
Reading Time: 2 minutes MarketsFarm — Manitoba farmers seeded their largest dry edible bean crop in more than a decade this spring, but adverse conditions are causing delays getting it off the fields. “Last week we had some substantial moisture in the Red River Valley,” pulse specialist Dennis Lange of Manitoba Agriculture said, noting the system brought up to […] Read more
Tim Hortons retreats from Beyond
Reading Time: 2 minutes Tim Hortons is dialing back its Beyond Meat marketing in Canada and will keep the plant-based meat substitute on its sandwich menus in Ontario and British Columbia alone. The coffee-and-donut chain, an arm of Toronto-based Restaurant Brands International and Canada’s biggest fast-food chain by number of outlets, first test-marketed breakfast sandwiches with the U.S. company’s […] Read more
Pulse weekly outlook: Pea harvest nearly complete
Reading Time: < 1 minute MarketsFarm — Canada’s pea crop is almost totally off the fields, but quality remains a question. “Farmers are wrapped up with harvesting right now, so we haven’t received many samples,” said Marcos Mosnaim of Globeways Inc. in Missisauga. The few samples the company has seen have shown good conditions, but it’s not a large enough […] Read more
Pulse weekly outlook: Wrinkles, loss of colour problems for lentils
Reading Time: < 1 minute MarketsFarm — As Canada’s lentil harvest comes along slowly, issues with wrinkles and the loss of colour have arisen, according to Markus Mosnaim of Globeway Canada in Mississauga. Loss of colour in green lentils translates to a downgrade, he said. “It can drop to No. 2, depending on how much colour is lost.” Wrinkles, meanwhile, […] Read more
Pulse weekly outlook: Harvest weighs on Saskatchewan bids
Reading Time: < 1 minute MarketsFarm — Seasonal harvest pressure may be weighing on pea and lentil bids in Western Canada — but rain delays could lead to quality premiums down the road. Large green lentils delivered to the plant are currently trading at around 20 cents/lb. at the high end, with red lentils topping out at 16 cents/lb. delivered, […] Read more
Pulse weekly outlook: Chickpeas appear OK, but prices soft
Reading Time: 2 minutes MarketsFarm — Canada’s chickpea crop has likely beaten earlier expectations — but poor prices may limit farmer sales come harvest. “We planted the crop in drought conditions” and were preparing for the worst, said Colin Young of Midwest Grain at Moose Jaw, Sask., pointing to the lack of subsoil moisture in key chickpea-growing regions of […] Read more
Viterra to buy ILTA Grain pulse processing plant
Reading Time: 2 minutes Creditor-protected Prairie pulse processor and exporter ILTA Grain is set to sell a next-to-new southern Saskatchewan facility to one of Canada’s biggest grain firms. Glencore Agriculture’s Viterra arm said Tuesday it has signed a purchase deal for the assets of ILTA’s processing facility at Belle Plaine, Sask., about 25 km east of Moose Jaw. Financial […] Read more
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