Green lentils continue to show solid premiums over their red counterparts, with prices for both old and new crop green lentils well above where they were at this time a year ago.
Farmers still holding onto old crop feed barley in hopes of better prices may be out of luck this year, as bids continue to drift lower with attention in the market turning to the upcoming new crop.
Glacier FarmMedia – Canadian pulse exports are showing signs of slowing down entering the final months of the 2023/24 marketing year, as end users turn their attention to the looming availability of new crop supplies. Canada has exported 1.286 million tonnes of lentils during the crop year-to-date, running about 25 per cent behind the pace[...]
Tightening supplies and solid demand continue to keep pea bids well supported in Western Canada, although uncertainty over whether that demand will continue was keeping some caution in the market as attention turns to the upcoming crop.
Cargo movement through the St. Lawrence Seaway was up by more than 3.4 per cent in 2023 compared to the previous year, with nearly 38 million tonnes of cargo moved through the binational system, according to a joint report from the Canadian St. Lawrence Seaway Management Corporation (SLMC) and the United States Great Lakes St. Lawrence Development Corporation (GLS).
Canadian lentil stocks are forecast to be extremely tight by the close of the 2023/24 marketing year, which should keep prices well supported despite expectations for a smaller export program.
MarketsFarm -- Green peas continue to command a sizeable premium over their yellow counterparts in Western Canada, which should see acreage shift this spring and an eventual rebalancing of the price spread. Green peas usually trade at a premium to yellow peas due to higher quality specs and concerns over bleaching, but the current price[...]
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[...]
MarketsFarm -- Every spring offers its own mystery of what the growing season will bring, and this year is no different for western Canadian pulse markets. However, while the unknowns are usually linked to the weather or acreage ideas, this year also presents extra challenges for the pulse sector. India remains a major wildcard in[...]
CNS Canada -- Canadian farmers planted their largest chickpea crop in more than a decade in 2018, with the bigger crop likely to lead to a wider price spread between larger- and smaller-calibre supplies. Statistics Canada has placed chickpea acreage for 2018 at 468,900 acres, which would be well above the 160,000 acres planted in[...]