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Lentil and pea bids in Western Canada have softened over the past month, as all agricultural markets react to ongoing global trade uncertainty.

MarketsFarm -- Peas are seeing good movement in Western Canada ahead of spring, although prices have held steady over the past month. "The yellow pea market has some life again," said Allan Johnston of Johnston's Grain at Wellwyn, Sask. He added there were also a few companies chasing after some coverage for green peas with[...]

MarketsFarm -- Large volumes of yellow peas being delivered into commercial hands have put some pressure on values, although prices remain reasonably solid. Green and maple pea bids are stronger, but movement is more limited in those markets. End users were active buyers of yellow peas in recent months, but many are now filled up[...]

MarketsFarm -- Pea bids in Western Canada have come under some pressure over the past few weeks, as harvest of the crop nears completion. However, country movement remains light, as producers concentrate on bringing in their remaining grain and oilseed crops. "They want to get done harvest before they worry about (pricing)," said grain broker[...]

MarketsFarm -- Excessive moisture in the eastern Canadian Prairies this spring may cut into pea acres in the region, as producers like to get the crop in the ground early. Canadian farmers intended to plant 3.55 million acres of peas for the 2022-23 crop year, according to a report from Statistics Canada. That would be[...]

MarketsFarm -- Top-end yellow and green pea bids in Western Canada have come down over the past month, as old-crop activity slows down and attention turns to the new crop. While tight supplies after the 2021 drought did not leave too many unpriced peas in the countryside, some farmers likely still waited too late and[...]

MarketsFarm -- Hot and dry growing conditions cut into Canada's pea production in 2021-22 -- but the quality was relatively good, which means feed peas are in even shorter supply. "Yields were low across the harvest this year, but I'd say quality was quite good on yellow and green peas," said a feed pea merchant.[...]

MarketsFarm -- Green pea prices in Western Canada have come off their highs in recent weeks, as end users back away from the market. Top-end green pea bids have lost about a dollar per bushel over the past month, according to Prairie Ag Hotwire data. "A lot of the end users are full now," said[...]

MarketsFarm -- Canadian pea and lentil markets have shown some post-harvest strength in recent weeks, with good offshore demand providing support. "On the yellow pea side, it's China, and on lentils, it's basically India," Marcos Mosnaim, of Globeways Canada, said of the strength in both markets. Yellow peas are currently trading as high as $7.50[...]

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[...]