Reading Time: 2 minutes CNS Canada — When it comes to Canadian pulse crops, David Newman of Commodious Trading says producers, speculators and processors are long — and that has been of great concern to him. “You have everybody wanting to sell and you better hope that there’s someone there to take all of it,” he said. The wildcard […] Read more
Pulse weekly outlook: Market depends on India’s fortunes
Trade, weather top of mind for 2019 acres
Reading Time: 2 minutes CNS Canada — As Canadian farmers start thinking about what to plant next spring, global trade patterns and weather will play into decision making. “It’s very difficult to decide where this all is going. That obviously also has implications on where the futures prices go and what signals the farmers are taking from that,” said […] Read more
Total Canadian grain exports running well ahead of average
Reading Time: < 1 minute CNS Canada — Canadian canola exports may be slightly behind the year-ago pace, but wheat movement is very strong and total crop exports to-date are running well ahead of average for this time of year, according to the latest statistics from the Canadian Grain Commission (CGC). Canada exported 219,800 tonnes of canola during the week […] Read more
Pulse weekly outlook: India seen becoming a pulse buyer again
Reading Time: 2 minutes CNS Canada — After a year that saw India drop off the map as a pulse importer, some industry officials expect we could soon see India re-enter the market. “Seeding is going down, the monsoons are weak. So definitely they will need to import. I see that in the next few months we will start […] Read more
Some optimism for peas, lentils not invited for the ride
Reading Time: 2 minutes CNS Canada — Lentil growers hoping to see a light at the end of the current tunnel of low prices and restricted markets will likely be disappointed for some time. However, farmers with peas might see better market conditions over the course of the shipping year because of the United States-China trade war. “For our […] Read more
Pulse weekly outlook: Canada’s sales a day-to-day business
Reading Time: 2 minutes CNS Canada — Canada’s pulse crop trade hasn’t stopped, even though its biggest customer, India, isn’t taking large amounts anymore. Instead, buyers are finding themselves having to take business one day at a time and become a bit more creative. “I think everyone is in the same boat; it’s not that the market has stopped. […] Read more
Pulse weekly outlook: India extends pea, lentil tariffs
Reading Time: < 1 minute CNS Canada — The Indian government has again extended its import restrictions on peas, this time until Dec. 31. India late last year initiated duties of 50 per cent on imported peas and 30 per cent on lentils and desi chickpeas. It has since raised the lentil tariff to 60 per cent. In effect, the […] Read more
World Crop Briefs: Australia reaches trade deal with Indonesia
Reading Time: 2 minutes Australia has agreed to a trade agreement that could see it export as much as 500,000 tonnes of feed grains into Indonesia tariff free in the first year. The Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) includes provisions for a five per cent increase in allowable tariff-free feed grains into Indonesia each year. The agreement is […] Read more
Pulse weekly outlook: Lower lentil yields predicted
Reading Time: 2 minutes CNS Canada — After a year of market woes for lentils, it looks as though the Saskatchewan lentil yield won’t be the best either. “I think overall we would be expecting lentil yields lower than average this year, but it’s hard at this point to put a figure or a number on that,” said Carl […] Read more
Pulse prices feel pressure from rising ending stocks
Reading Time: 2 minutes CNS Canada – Increasing pulse ending stocks are going to continue to play into pulse crop prices in Canada, according to the latest update from Farm Credit Canada’s (FCC) ag economics team. “We’re still expected to see ending stocks increasing. So as we continue to see that ending stocks increase, that stock-to-use-ratio that we’d see […] Read more
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