Reading Time: 2 minutes MarketsFarm — There has been a divergence of prices between green and red lentils so far in 2023, according to Levon Sargsyan of Johnston Grains at Weyburn, Sask. Sargsyan said he hasn’t seen too many acres of green lentils signed up for this year, while it’s the opposite case for the reds. “I’m seeing some […] Read more
Pulse weekly outlook: Fewer growers signing up their green lentils
'A lot of interest' seen for red lentils
Pulse weekly outlook: Saskatchewan pulses dealing with dryness
Too early to know what effect grasshoppers, smoke will have
Reading Time: 2 minutes MarketsFarm – Seeding went well across the province thanks to hot and dry temperatures following a cool spring, said Saskatchewan Pulse Growers (SaskPulse) executive director Carl Potts. However, the dry conditions are still cause for concern. “A later-than-normal start, but we wrapped up seeding within that normal window that growers typically do,” Potts said. “(It […] Read more
Pulse weekly outlook: Dryness to cut into Australian production
Reading Time: < 1 minute MarketsFarm — Dry conditions and low soil moisture reserves in key Australian growing regions, along with expectations for developing El Nino weather patterns, are expected to cut into the country’s pulse production in 2023-24, despite steady to higher seeding intentions for several crops, according to the latest crop report from the Australian Bureau of Agricultural […] Read more
Pulse weekly outlook: Manitoba crops get good start but need rain
Some bean growers seek moisture at lower planting depths
Reading Time: 2 minutes MarketsFarm — Pulse growers in Manitoba are waiting for one thing: rain. So far in May, growing areas of the province have not seen any significant precipitation, according to Dennis Lange, industry development specialist for pulse crops with Manitoba Agriculture. Dry beans, he said, are the last pulse crop farmers have been planting in Manitoba […] Read more
Pulse weekly outlook: Better growing conditions despite dryness, smoke
Continued smoky skies could slow crop development
Reading Time: 2 minutes MarketsFarm — While dry conditions persist across the Prairies, the current situation for pulses is not as bad as during the two previous springs, according to Pulse Canada’s director of market access and trade policy. Mac Ross said dryness is largely evident across Western Canada and many crops are still below their five-year averages for […] Read more
Pulse weekly outlook: Canadian exports solid
Bangladesh, Pakistan now buying Canadian peas
Reading Time: 2 minutes MarketsFarm — Canadian pulse exports are running well ahead of their year-ago level, with some demand rationing likely over the next few months as supplies tighten ahead of the new-crop harvest. Canada has exported 1.56 million tonnes of lentils during the crop year to date, with Turkey the top destination at 421,000 tonnes followed by […] Read more
Pulse weekly outlook: StatCan report likely won’t affect prices
Canada 'not the market maker' on peas, lentils
Reading Time: < 1 minute MarketsFarm — Statistics Canada (StatCan) on Tuesday released its report on grain stocks at March 31, with MarketsFarm Pro analyst Mike Jubinville suggesting there’s not much to the report. “It’s one of those [reports] where people look at it and move on,” he said. StatCan’s report pegged total farm and commercial stocks of chickpeas at […] Read more
Pulse weekly outlook: Seeding to start in Manitoba, Saskatchewan
Saskatchewan lentils expected to lose acres to wheat, canola
Reading Time: 2 minutes MarketsFarm — With the calendar turning to May and temperatures expected to surpass 20 C this week, pulse seedings are set to begin for parts of Manitoba and Saskatchewan. “Right now, we’re still in a bit of a holding pattern,” said Manitoba provincial pulse specialist Dennis Lange. “We haven’t really had much for drying. Now […] Read more
Merit Foods co-owner Burcon partnering on bid for assets
Unnamed 'plant protein company' now in on Burcon's bid
Reading Time: 2 minutes A major shareholder in beleaguered pea and canola protein processor Merit Functional Foods has brought on an unnamed partner in its bid to buy the business out of receivership. After announcing last month it would submit a bid for the next-to-new Merit assets, Vancouver-based plant protein firm Burcon NutraScience said Monday it’s now “participating in […] Read more
Pulse weekly outlook: Larger pea, chickpea exports expected
China, Bangladesh among major destinations
Reading Time: < 1 minute MarketsFarm — Canadian pea, chickpea and edible bean exports will likely beat earlier expectations during the current 2022-23 marketing year, according to updated supply/demand projections from Agriculture and Agri-Food Canada. The stocks-to-use rations for the three crops should also tighten as a result. In its report Friday, the government agency upped its call for Canadian […] Read more