Reading Time: 2 minutes MarketsFarm — Farmers in India are in the process of planting their next pulse crops, with good monsoon rains and high prices setting the stage for solid production. India has two major growing seasons, kharif and rabi, with the major pulses grown in the rabi season. Planting for rabi crops typically begins in November, after […] Read more
Pulse weekly outlook: India’s rabi season underway
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: Pea protein in demand despite falling yields
Reading Time: 2 minutes MarketsFarm — Very few crops took more of a hit during the drought-stricken summer of 2021 than dry peas. Meanwhile, firm international demand and tightening stocks will raise pea prices even higher. According to Agriculture and Agri-Food Canada’s (AAFC) latest field crop estimates released Friday, pea production dropped 45 per cent at 2.527 million tonnes […] Read more
AAFC lowers ending stocks estimates on crops
Reading Time: 2 minutes MarketsFarm — Canadian producers will see much tighter grain and oilseed stocks at the end of the current 2021-22 marketing year than what was expected last month, while those for pulse and special crops remain mostly steady. Agriculture and Agri-Food Canada’s (AAFC) September supply/demand estimates, released Friday, project 2021-22 ending stocks for all principal field […] Read more
Roquette warns of price rise in plant-based food market
Prairie drought could cut pea yields 45 per cent
Reading Time: 1 minute Paris | Reuters — A global surge in pea prices linked to low supplies and growing demand for plant protein will inevitably need to be passed on to customers, including makers of alternative food such as meat-free burgers, French producer Roquette said on Monday. The market for alternative protein has soared in recent years, attracting […] Read more
Pulse weekly outlook: Market remains very quiet
Reading Time: 2 minutes MarketsFarm — Things remain very quiet in the pulse market with little demand from buyers and producers unwilling to sell, according to Marcos Mosnaim of Mercais Commodities in Toronto. “We are in a situation where we have to wait and see. The market is super quiet right now. At these prices, interest from buyers to […] Read more
Pulse weekly outlook: Small Canadian crops lead to marketing shift
Reading Time: 2 minutes MarketsFarm — Canadian pulse markets could see a ‘radical shift’ in the current crop year as drought conditions led to sharp reductions in pea and lentil production. Statistics Canada’s September principal field crop estimates, released Tuesday, and the previous report on Aug. 30 were determined by yield models using satellite imagery. MarketsFarm Pro analyst Mike […] Read more
Canola ending stocks down on year, but beat expectations
StatsCan pegs barley ending stocks at record low
Reading Time: 3 minutes MarketsFarm — Canadian canola ending stocks were down sharply at the end of 2020-21 compared to the previous marketing year, but still came out well ahead of trade expectations. Many other crops also saw larger-than-expected carryout numbers in Statistics Canada’s principal field crop stocks report as of July 31, 2021, released Wednesday. According to MarketsFarm […] Read more
Pulse weekly outlook: Tight Canadian supplies to cut into exports
Reading Time: 2 minutes MarketsFarm –– Canadian pulse supplies during the 2021-22 marketing year will be the tightest of the past decade due to drought during the growing season, with the country likely to be a much smaller player in the international export market for peas, lentils and chickpeas as a result. Statistics Canada pegged the country’s 2021-22 pea […] Read more
StatsCan confirms Canada’s crop production down in 2021
Corn expected to be lone exception
Reading Time: 2 minutes MarketsFarm — Production of most of Canada’s major grain, oilseed and pulse crops was down substantially in 2021-22, as drought conditions across the Prairies cut into yields, according to preliminary estimates released Monday by Statistics Canada. Of the major crops, only corn was expected to see a slight increase in production on the year as […] Read more
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