Canada has far fewer green peas than the government is reporting, says an analyst. “Purely from a price perspective, markets believe the Canadian harvest was smaller than estimated by Statistics Canada,” Stat Publishing noted in a recent article.
Feed grain prices on the Canadian Prairies very likely will not change much in the coming weeks, stated Darcy Haley, vice-president of Ag Value Brokers in Lethbridge.
As tariff issues continue to hover around the globe, there has been a sharp reduction in the number of cattle in Canadian feedlots, said Darcy Haley, vice-president of Ag Value Brokers in Lethbridge. And that has reduced the demand for feed grains in Western Canada to a trickle.
At this time of year the pulse market is generally quiet, said broker Marcos Mosnaim of Prairie XI. However, he wasn’t entirely sure as to why most pulse prices were currently unchanged across Western Canada.