Reading Time: < 1 minute MarketsFarm — Manitoba could be looking at its largest edible bean crop in over a decade, as acres were up and early development generally looks good. Manitoba farmers seeded an estimated 163,700 acres of edible beans in 2019, according to Statistics Canada data. That would be up 20 per cent on the year and marks […] Read more
Large Manitoba edible bean crop likely, weather willing
Pulse exporter ILTA Grain under creditor protection
Reading Time: 2 minutes Corrected, July 11 — MarketsFarm — B.C.- based pulse exporter ILTA Grain, which operates pulse handling and processing facilities in Saskatchewan, has been granted creditor protection by that province’s Supreme Court. “The decision to file for (Companies’ Creditors Arrangement Act protection) was made after careful consideration and in our view, is a necessary step for […] Read more
Pulse weekly outlook: Field pea acreage increasing
Reading Time: < 1 minute MarketsFarm — Last week’s report from Statistics Canada estimated that some acreage in Canada’s canola belt will instead go to field peas in 2019. Approximately 4.3 million total acres will be dedicated to field peas, StatsCan said, marking a 300,000-acre increase from estimates earlier in the year, and up from the 3.6 million acres seeded […] Read more
Pulse weekly outlook: Chickpea market remains stable
Reading Time: < 1 minute MarketsFarm — Chickpea prices have remained steady in Canada, despite inclement growing conditions in key chickpea-growing regions. The stability is mainly due to a global supply glut, with large carryout volumes from previous years combined with high acreage numbers in Canada, the U.S. and Australia. Statistics Canada estimated Canadian producers will dedicate just over 300,000 […] Read more
Pulse weekly outlook: India’s drought could be field pea opportunity
Reading Time: 2 minutes MarketsFarm — Though India has curbed its pulse crop imports from Canada in recent years due to disagreements over crop control and fumigation, a challenging growing season in India could make Canadian pulses more attractive. Drought-like conditions in key growing areas of India have killed dozens of people and endangered crops. According to Reuters, key […] Read more
A sure-fire piece of crop advice
While there’s no ideal rotation for Western Canada, long-term studies show that over time, diversification will pay off
Reading Time: 3 minutes There are no silver bullets in agriculture — agro-ecosystems are too complex for any one tool to guarantee outcomes. All the same, some tools seem to have an outsized benefit. This holds true for pulses, according to a suite of research studies led by Agriculture and Agri-Food Canada (AAFC) research scientist Yantai Gan, whose focus […] Read more
Beyond Meat’s new competitor: Tyson’s pea-and-meat blended burger
Reading Time: 2 minutes Reuters — U.S. meat processor Tyson Foods on Thursday launched its first vegetarian and mixed-protein products, including a beef and pea burger, as it seeks to compete with Beyond Meat and other companies catering to rising demand for plant-based alternatives to meat. Tyson is betting that meat eaters wanting healthier diets will see their blend […] Read more
Pulse weekly outlook: Lentil exports ahead of last year’s pace
Reading Time: < 1 minute MarketsFarm — Canada’s lentil exports have been good this year, according to Marlene Boersch of Mercantile Consulting Venture in Winnipeg. “At the end of April we were 26 per cent ahead of last year’s pace. Most of that is due to buying from India. Everybody’s surprised,” she said, Total lentil exports were 1.16 million tonnes […] Read more
Beyond Meat sees sales more than doubling in 2019
Reading Time: 2 minutes Reuters — Beyond Meat, a U.S. maker of plant-based burgers and sausages, said it expects to more than double its revenue and report breakeven EBITDA this year, sending the its shares up over 21 per cent. The company said it expects to record revenue of $210 million in 2019 (all figures US$), with break-even earnings, […] Read more
Pulse weekly outlook: Opportunities ahead for dry beans
Reading Time: 2 minutes MarketsFarm — Ongoing trade wars between the United States, Europe, and China may open the door to new markets for Canadian edible beans. According to reports, the European Union is bracing for tariffs from the U.S. on billions of euros worth of European goods, adding to the litany of other global trade wars. If trade […] Read more
A message from April Stewart, Country Guide's Associate Editor
