Reading Time: < 1 minute MarketsFarm — Monsoon rains in India are expected to be near normal in 2019, according to the first long-range forecast of the year from the India Meteorological Department. The southwest monsoon typically runs from June through September. It provides crucial moisture for the country’s agriculture sector, as it accounts for roughly 70 per cent of […] Read more
Near-normal monsoon expected in India
Pulse weekly outlook: Yellow, green pea prices vary ahead of seeding
Reading Time: < 1 minute MarketsFarm — India’s tariffs on Canadian pulses hit green and yellow peas particularly hard over the past year — and the market is still hurting as producers plan acres for 2019. Since yellow pea exports dropped significantly in the middle of the year, “there’s going to be a lot of carryover in yellow peas for […] Read more
Lower prices, relative profitability tug at chickpea acres
Reading Time: < 1 minute MarketsFarm — Since chickpea prices fell rapidly during last year’s harvest, the jury is out as to what the chickpea market holds this year. “Acres are going to be down this year because the price isn’t what it was a year ago,” said Melody Ector, president of Diefenbaker Spice and Pulse at Elbow, Sask. Prices […] Read more
Pulse weekly outlook: Attractive lentil prices may boost acres
Reading Time: < 1 minute MarketsFarm — As prices for both red and green lentils stay firm, experts have predicted lentil acreage across Canada to increase for the 2019 growing season. Carryover from past crops has been negligible in previous years, and what had been produced was quickly sold throughout the year. “This helps farmers’ confidence,” said Tanvir Zaidi, CEO […] Read more
‘Impossible’ meatless patty gets Burger King Whopper test
Reading Time: 3 minutes Reuters — Vegetarian burgers may finally be getting the recognition they need to go mainstream in the U.S. On Monday Burger King and Silicon Valley startup Impossible Foods announced the rollout of the Impossible Whopper in 59 stores in and around St. Louis, Missouri. To mark the launch on April Fool’s Day, the burger giant […] Read more
Pulse weekly outlook: Edible beans on move
Reading Time: 1 minute MarketsFarm — Following a lengthy 2018 harvest, Manitoba’s edible bean farmers are optimistic about the 2019 growing season. According to an outlook report published in late December by Agriculture and Agri-Food Canada, pulse farmers are expected to plant approximately the same amount of acreage as seen in 2018. However, after strong yields in 2018, Manitoba […] Read more
Pulse weekly outlook: Green pea premium to erode with acreage increase
Reading Time: < 1 minute MarketsFarm — Green peas continue to command a sizeable premium over their yellow counterparts in Western Canada, which should see acreage shift this spring and an eventual rebalancing of the price spread. Green peas usually trade at a premium to yellow peas due to higher quality specs and concerns over bleaching, but the current price […] Read more
Pulse weekly outlook: Ample supply drives down feed pulse prices
Reading Time: < 1 minute Prices for feed pulses have dropped over the last month as farmers have turned to the feed market as the only buyer, according to a trader. “Regular processors aren’t buying as many low-grade lentils, so guys are tired of sitting on them. So you’re starting to see them come to the feed market,” said Jay […] Read more
Pulse weekly outlook: Little excitement in market
Reading Time: < 1 minute The pulse market has been largely quiet for the last couple of months, according to Adam Krieser of CanPulse Foods in Saskatoon, although rail shipments were curtailed due to weather and other issues including a fatal crash. Three Canadian Pacific Railway crew members were killed Feb. 4 when a grain train derailed on CP’s mainline […] Read more
Canada, U.S. to challenge India’s pulse price supports
Reading Time: < 1 minute Canada and the U.S. are set to challenge India’s market price supports for certain pulses including chickpeas and lentils. U.S. Trade Representative Robert Lighthizer and U.S. Agriculture Secretary Sonny Perdue on Friday announced that “together with Canada” they’ve submitted a “counter notification” on the matter to the World Trade Organization (WTO) Committee on Agriculture (COA). […] Read more
A message from April Stewart, Country Guide's Associate Editor
