Reading Time: < 1 minute MarketsFarm — Excessive moisture in the eastern Canadian Prairies this spring may cut into pea acres in the region, as producers like to get the crop in the ground early. Canadian farmers intended to plant 3.55 million acres of peas for the 2022-23 crop year, according to a report from Statistics Canada. That would be […] Read more
Pulse weekly outlook: Late Prairie seeding may sway acres out of peas
Pulse weekly outlook: Slow demand pulls down pea prices
Reading Time: < 1 minute MarketsFarm — Slow demand has been behind the declines in green and yellow peas, according to Marcos Mosnaim of Mercais Commodities in Toronto. Over the last week, prices for western Canadian green peas have lost 30 cents per bushel at $14.50-$16.20 per bushel delivered, according to Prairie Ag Hotwire. Those for yellow peas have dropped […] Read more
Pulse weekly outlook: Yellow peas selling at a premium
Local fractionation markets competitive
Reading Time: 2 minutes MarketsFarm –– Last summer’s lacklustre pea harvest in Western Canada has helped raise prices, but none more so than those of yellow peas. Yellow peas were trading at a high-delivered bid of $17.50 per bushel, according to Prairie Ag Hotwire data from Monday, up $1.50 from the same time last month and $9.50 from the […] Read more
Pulse weekly outlook: Yellow pea demand continues to rise
Reading Time: 2 minutes MarketsFarm — This St. Patrick’s Day, it’s not easy being green if you’re a pea. Having reached price parity less than two months ago, Canadian yellow peas are now trading at a premium. According to Prairie Ag Hotwire data from Wednesday, high-delivered bids for yellow peas are now priced at $11.25 per bushel, $4.16 (59 […] Read more
Pulse weekly outlook: Green, yellow pea prices reach parity
Lower-priced green peas meet upwardly-mobile yellows
Reading Time: 2 minutes MarketsFarm — Yellow and green pea prices in Western Canada have taken divergent paths to start 2021, with yellow peas on the rise and greens declining as values reach parity in many locations. Mike Jubinville of MarketsFarm Pro explained that while Canada’s pea exports suffered under yellow pea import restrictions implemented by India, China later […] Read more
Pulse weekly outlook: Yellow pea prices stronger since harvest
Reading Time: < 1 minute MarketsFarm — Yellow pea prices on the Prairies have shown strength since harvest, as they’ve seen an appreciable change in demand from India. Darwin Hamilton of Kalshea Commodities in Winnipeg said India is always looking to increase its pulse acres. But, in the event of shortages, it’s been turning to North America for yellow peas. […] Read more
Pulse weekly outlook: Strong demand supporting pea prices
Reading Time: < 1 minute MarketsFarm — There has continued to be a strong demand for peas, as demonstrated by data from the Canadian Grain Commission. And that has been supporting price increases, according to Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. “The overall demand has been very, very good,” she said. In the most recent export data […] Read more
Pulse weekly outlook: Pea exports up on year, China a key buyer
Reading Time: < 1 minute MarketsFarm — Canadian pea exports are running ahead of the year-ago level, with China the main buyer, according to the latest Canadian Grain Commission (CGC) data. Total pea exports tracked by the commission, at 1.12 million tonnes during the first 12 weeks of the 2020-21 crop year, are up 34 per cent compared to the […] Read more
Pulse weekly outlook: Above-average year for yellow, green peas
Reading Time: < 1 minute MarketsFarm — It was a pretty good year for yellow and green peas, according to Allan Johnston of Johnston Grains at Welwyn, Sask. “The weather was so good and the harvest was so good. Everybody got their crops off in excellent shape,” he said. The most recent weekly crop reports from Manitoba and Saskatchewan indicated […] Read more
Pea crops strong, but prices falter
Reading Time: < 1 minute MarketsFarm — Pea crops across the Prairies are expected to be in good condition ahead of the harvest. “As we go along with the sunshine and heat, the pulses are coming in fairly quickly,” said Darwin Hamilton of Kalshea Commodities in Winnipeg. “Without any excess moisture, the quality should be good this year.” Pea prices […] Read more
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