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[...]

Pulse weekly outlook: Exports solid through 10 months

MarketsFarm -- Canadian pulse exports continued at a solid pace through most of the 2022-23 marketing year, although recent disruptions on the West Coast may cut into the final total. Roughly a quarter of all Canadian pea exports, a third of the lentils, and all the chickpeas typically move by container, with a strike by[...]


Pulse weekly outlook: Exports strong through three quarters

MarketsFarm -- Canadian pulse exports continue at a solid pace through nine months of the 2022-23 marketing year, with old-crop prices trending higher over the past month as the market rations demand ahead of the new-crop harvest. Canada has exported 1.713 million tonnes of lentils during the crop year to date, with Turkey the top[...]

Pulse weekly outlook: Peas seeing good Prairie movement

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[...]


Pulse weekly outlook: Canadian exports solid

MarketsFarm -- Canadian pulse exports are running well ahead of their year-ago level, with some demand rationing likely over the next few months as supplies tighten ahead of the new-crop harvest. Canada has exported 1.56 million tonnes of lentils during the crop year to date, with Turkey the top destination at 421,000 tonnes followed by[...]

Pulse weekly outlook: Yellow peas under pressure from large volumes

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[...]


Pulse weekly outlook: Seasonal harvest pressure weighs on Prairie pea bids

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[...]

Pulse weekly outlook: Late Prairie seeding may sway acres out of peas

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[...]


Pulse weekly outlook: Pea bids slip as new crop looms

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[...]

Pulse weekly outlook: Feed peas in short supply

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.[...]