As the deadline for the government of India to further extend its tariff-free period for pea imports expired on Feb. 28, there has yet to be any statement regarding levies on the country's future pea imports.
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[...]
Pulses in Canada had quite the year in 2024 with prices closing out the calendar year in the middle of their trading ranges. Production was higher on the year for most pulses. Dry pea output in Canada rose to just short of three million tonnes, up from the 2.61 million harvested in 2023, according to the Statistics Canada principal field crop report issued Dec. 5.
MarketsFarm -- New-crop lentil bids are starting to become available in Western Canada, with early pricing indications for green lentils not that far off the levels seen at the same time a year ago. New-crop pricing for large green lentils delivered to the elevator in the fall of 2023 can currently be found in the[...]
MarketsFarm – Before the harvest of lentils gets underway across the Canadian Prairies, there has been some speculation as to which way prices could go, according to Levon Sargsyan of Johnston’s Grain. “Of the two stories I’m getting, one is from farmers, and one is from buyers, and of course there’s bias,” Sargsyan commented. “[The[...]
Marketsfarm – Despite the rain the Canadian Prairies received since July 17, MarketsFarm Pro analyst Mike Jubinville pointed out that the major pulse crop areas got very little. While any precipitation has been beneficial to this year’s crops struggling with dry conditions, Jubinville said, it won’t help that much. “In terms of advancing pea and[...]
MarketsFarm -- There have been some modest upticks in green and red lentil prices recently due to increased demand from India and Turkey, according to Marcos Mosnaim of Export Packers. "We went so fast up in prices that we are getting into a pause mode," he said. "Buyers have to accept the new prices. So[...]
MarketsFarm -- There's something of a disconnect in green lentil prices, between what Canadian farmers have seen recently and to where those pulses are being sold, according to Toronto-based Marcos Mosnaim of Export Packers. Green lentils increased in price up until a couple of weeks ago, Mosnaim said. "It was a combination of farmers not[...]
MarketsFarm -- Prices for green lentils in Western Canada have been on the upswing, with Lairds rising by between six and 12 cents/lb. "The summer exports were unusually good and are going fairly well right now," said Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. "People are realizing overall green lentil supplies, primarily in[...]
MarketsFarm -- Prices for green and red lentils are very likely to remain relatively steady, according to Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. "Inventories are relatively low and there are not a lot of people to go to for green lentils in Canada," she said. "From a buyer's point of view, they're[...]