Reading Time: < 1 minute MarketsFarm — Pea and lentil bids in Western Canada are holding relatively steady for the time being, despite anecdotal reports of increased international demand due to the COVID-19 pandemic, with attention soon shifting to spring seeding. A lack of willing sellers is keeping pulse bids underpinned in Western Canada, according to broker Dale McManus of […] Read more
Pulse weekly outlook: Lack of willing sellers underpins prices
Pulse weekly outlook: Increased demand seen, but problems loom
Reading Time: < 1 minute MarketsFarm — Unlike other commodities, pulses aren’t yet feeling ill effects from an economic downturn due to the COVID-19 coronavirus outbreak, according to Marcos Mosnaim of Globeways Canada in Mississauga. With consumers panic-buying, there has been increased demand for pulses, as many are non-perishable, Mosnaim said. “These products will be there for ages,” he said, […] Read more
Pulse weekly outlook: Bids underpin Manitoba edible bean area
Province's soybean acres expected to fall
Reading Time: 2 minutes MarketsFarm — Solid prices should keep Manitoba farmers growing edible beans in 2020, although soybean area will likely drop, according to a provincial specialist. Disappointing harvest weather in 2019 hurt yields and cut into harvested area for edible beans in both Manitoba and across the border in the United States. As a result, prices heading […] Read more
Pulse weekly outlook: Conditions optimal for India’s winter crops
Reading Time: < 1 minute MarketsFarm — Cold weather in key growing regions of India could indicate high production levels for winter pulse crops. Heavy showers and colder temperatures in Punjab, Haryana and Uttar Pradesh created “ideal conditions” for winter-sown pulses, according to India’s agriculture commissioner SK Malhotra. Malhotra explained that the output of the winter-grown pulse crops will likely […] Read more
Five tips to help get your best pulse crop yields
At this year’s CropSphere in Saskatoon, the Saskatchewan Pulse Grower’s agronomy manager, Sherrilyn Phelps, talked to growers about optimizing pea and lentil yields.The biggest factor that determines yield, weather, is out of our control. However, there are some factors we can manage. Phelps’s presentation focused on factors that we can control.For Saskatchewan, the SPG has[...]
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Pulse weekly outlook: India aims to boost production
Reading Time: < 1 minute MarketsFarm — The window of opportunity for Canadian pulses to be exported to India may rapidly be closing, according to a recent announcement from India’s agriculture minister. At a World Pulses Day event on Monday, Narendra Singh Tomar said the country is on track to self-sufficiency. Last year, the country consumed about 27 million tonnes[...]
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Pulse Canada looking to build data inventory for industry
Reading Time: < 1 minute MarketsFarm — Pulse Canada has undertaken a survey of pea and lentil growers to gauge the sector’s environmental footprint and to provide data for a public repository. The survey is a joint project with Alberta Pulse Growers, SaskPulse and Manitoba Pulse and Soybean Growers. The survey is a life cycle assessment of pea and lentil[...]
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Pulse weekly outlook: Ukraine’s pulse production waning
Reading Time: 2 minutes MarketsFarm — There has been a marked decline in the amount of pulses grown by farmers in Ukraine over the last couple of years, highlighted in an article written for the Global Pulse Confederation by Sergey Feofilov, director general of UkrAgroConsult. Feofilov noted total pulse production in Ukraine dropped almost 25.9 per cent from 2018[...]
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Rising protein demand expected in 2020
Canada able to serve both plant- and animal-based protein markets
Reading Time: 2 minutes MarketsFarm — Demand for plant- and animal-based proteins alike is likely to increase in the coming year. Since 2017, pea protein demand increased by about 13 per cent, Craig Klemmer, chief agriculture economist at Farm Credit Canada, said at Ag Days in Brandon, Man. Over the same time period, demand for canola protein increased by[...]
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Pulse weekly outlook: Uncertainty pervades markets
Reading Time: < 1 minute MarketsFarm — The price spread between green and yellow peas continues to widen in Western Canada, but whether or not that trend will continue remains to be seen. Numerous outside factors lend a general air of uncertainty to the pulse market, according to a pulse trader. Green peas typically trade at a premium to yellow[...]
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A message from April Stewart, Country Guide's Associate Editor
