Reading Time: < 1 minute Winnipeg/Ottawa | Reuters — A lockout of longshore workers at Canada’s biggest port, the Port of Vancouver, ended in a deal on Thursday after a few hours, averting a potentially massive shipping disruption, the workers’ union and employers association said. The lockout was immediately lifted and the union also withdrew its strike notice, according to […] Read more
Update: Vancouver lockout of longshoremen ends
Pulse weekly outlook: Lentils stable after recent price increases
Reading Time: 2 minutes MarketsFarm — Prices for red and green lentils have stabilized after they increased, according to Marcos Mosnaim of Globeways Canada in Mississauga. Red lentil prices began to rise about two to three weeks ago, he said, as shipments were made to India with the exporter increasing the price. “I would love to see a firm […] Read more
Manitoba ag minister upbeat about peas
Reading Time: 2 minutes MarketsFarm — Earlier this month Manitoba’s minister of agriculture, Ralph Eichler, took to Twitter to sing the praises of dry peas. “Peas will become the next successful crop in Manitoba. Thank you for believing in the future,” Eichler tweeted. Part of the minister’s optimism stems from global corporate giant Roquette constructing the world’s largest pea […] Read more
Pulse weekly outlook: Chickpea prices remain low, future bright
Reading Time: 1 minute MarketsFarm — Lower prices are expected to lead to a drop in Canadian chickpea acres in 2019, but the future is bright for the crop as new consumer markets gain popularity. Seeded acres for chickpeas almost quadrupled between 2017 and 2018, rising from 160,000 to 442,900, respectively. Since inventory from the 2018 growing season is […] Read more
Pulse weekly outlook: Planted green, yellow peas lower prices
Reading Time: < 1 minute MarketsFarm — Green and yellow pea seeding is well underway across the Prairies, causing new-crop prices to slide marginally while spot prices hold firm. As Dale McManus, a broker with Johnston Grain at Welwyn, Sask., explained, seeded acres and new crop prices have an inverse relationship: as seeded acres rise, new crop prices fall. Producers […] Read more
Pulse weekly outlook: Pulses steady in sea of uncertainty
Reading Time: 2 minutes MarketsFarm — Every spring offers its own mystery of what the growing season will bring, and this year is no different for western Canadian pulse markets. However, while the unknowns are usually linked to the weather or acreage ideas, this year also presents extra challenges for the pulse sector. India remains a major wildcard in […] Read more
Pulse weekly outlook: Most Canadian pulse acres to decline
Reading Time: 2 minutes Corrected, May 1 — MarketsFarm — Canadian farmers have been projected to plant fewer acres of pulses, according to Statistics Canada. “Keeping in mind this is the seeding intentions report based on a survey of growers from the beginning of March. It’s as current as the day it was collected,” said Carl Potts, executive director […] Read more
Tyson sells stake in Beyond Meat
Reading Time: 2 minutes Reuters — Tyson Foods said on Wednesday it had sold its 6.5 per cent stake in vegan burger maker Beyond Meat, as the No. 1 U.S. meat processor looks to develop its own line of alternative protein products. The exit comes against the backdrop of rising tensions between the two companies after Tyson CEO Noel […] Read more
Pulse weekly outlook: Fababean acres set to increase
Reading Time: < 1 minute MarketsFarm — Unpredictable weather overseas resulted in robust fababean prices during 2018’s harvest, and Canadian producers expect these prices to hold throughout the 2019 growing season. “For the growers that managed to get fababeans off their field, I think they were probably quite happy with the markets in 2018,” said Leanne Fischbuch, president of Alberta […] Read more
Pulse weekly outlook: Benchmark report out for fababeans, feed peas
Reading Time: < 1 minute MarketsFarm — Alberta Pulse Growers on Monday released Feed Benchmark Bi-Weekly Reports, providing “a consistent and unbiased estimate of the feeding value of low-tannin fababeans and feed peas” in central Alberta, central Saskatchewan and southern Manitoba. Comparing fababean and feed pea prices to other feed grains, the report stated, “Grains are softening further on the […] Read more
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