Pulse weekly outlook: Green lentils show strength, reds lag

MarketsFarm -- Green lentil bids in Western Canada are trading at their highest levels of the past year, with solid new-crop pricing opportunities already becoming available. Spot bids for large green lentils can currently be found in the 60 to 72 cents/lb. area, according to Prairie Ag Hotwire data, with new-crop contracts hitting 50 cents[...]



Pulse weekly: Early start expected for Indian monsoon

The onset of India’s annual southwest monsoon is expected over the next four-to-five days, which would make for the earliest start of the rainy season since 2009 and sets the stage for good crop production going forward.






Pulse weekly outlook: New-crop green lentil bids in line with year ago

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[...]



Pulse weekly outlook: Pea exports solid so far, lentils down on year

MarketsFarm -- Canadian pea exports are running at a solid pace through the first two months of the 2023-24 marketing year, despite smaller production, as exports of newly-harvested supplies in September nearly quadrupled what moved the previous month. Canada exported 440,085 tonnes of peas in September, up from only 99,645 tonnes the previous month, according[...]

Pulse weekly outlook: Canada's prices well supported given smaller crops

MarketsFarm -- Canadian pulse production came in well below average in 2023, keeping prices supported for the time being. Total pea production was pegged at 2.27 million tonnes by Statistics Canada on Thursday. That was up slightly from the 2.19 million tonnes forecast in August, but well off the 3.42 million tonnes grown the previous[...]