Green, yellow pea price spread to widen

MarketsFarm – Quality issues with Canada’s green pea crop are starting to show up in the cash market, with a widening spread between green and yellow peas expected going forward. Top end green pea bids have risen by more than a dollar per bushel over the past month, while yellow peas have only increased by[...]


Pulse weekly outlook: Green pea bids still pointed higher

MarketsFarm -- Green pea prices in Western Canada continue to rise, while bids for most of the other major pulses grown in the Prairies are also trending higher. Spot green pea bids have risen by about 70 cents per bushel over the past two weeks to currently top out at $10.50 per bushel, according to[...]

Pulse weekly outlook: Green pea premium to erode with acreage increase

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[...]


Pulse weekly outlook: Red lentils see some strength

MarketsFarm -- The red lentil market in Western Canada is seeing some life to start the New Year, with improved bids creating some marketing opportunities. "Green lentil prices have been steady since the end of 2019, but red lentils are the one that's jumped," said Kevin Silzer, vice-president with Rayglen Commodities in Saskatoon, noting red[...]

Pulse weekly outlook: Uncertainty pervades markets

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[...]


Feed weekly outlook: Temperatures rise, Prairie bids cool down

MarketsFarm -- Feed grain bids in southern Alberta are cooling down as temperatures warm up after a bitter cold spell earlier in the month. After dealing with temperatures in the -20 C to -34 C range over much of the week ended Jan. 17, conditions in the key Lethbridge feeding area have flipped the other[...]

Feed weekly outlook: Firm Prairie market leveling off

MarketsFarm -- Logistics issues moving grain where it needs to be in Western Canada continue to prop up feed prices, but the market is starting to level off, according to a broker. "We are seeing a bit of a shortage of trucks," said Tracy Green of Market Master Ltd. in Edmonton, adding "things are still[...]


Pulse weekly outlook: Harvest weighs on Saskatchewan bids

MarketsFarm -- Seasonal harvest pressure may be weighing on pea and lentil bids in Western Canada -- but rain delays could lead to quality premiums down the road. Large green lentils delivered to the plant are currently trading at around 20 cents/lb. at the high end, with red lentils topping out at 16 cents/lb. delivered,[...]

Feed weekly outlook: Prairie grain market finding a bottom

MarketsFarm -- The western Canadian feed grain market is showing signs of finding a bottom, as buyers wait to get a better handle on the quality of grain still unharvested across the Prairies. Feed barley is currently trading at around $200 per tonne in southern Alberta, while feed wheat bids are around $210, according to[...]