Pulse weekly outlook: Peas heading in different directions

MarketsFarm -- Prices for green and yellow peas have been starting to move further apart, according to Levon Sargsyan, grain broker with Johnston's Grain at Welwyn, Sask. Sargsyan pointed out that prices for yellow peas have been slipping back recently. "Export demand has dropped overseas, so that's been pushing the yellow pea prices down. The[...]

Pulse weekly outlook: lentils poised to go either way pricewise 

MarketsFarm – Before the harvest of lentils gets underway across the Canadian Prairies, there has been some speculation as to which way prices could go, according to Levon Sargsyan of Johnston’s Grain.  “Of the two stories I’m getting, one is from farmers, and one is from buyers, and of course there’s bias,” Sargsyan commented.  “[The[...]


Pulse weekly outlook: recent rains could stabilize crops 

Marketsfarm – Despite the rain the Canadian Prairies received since July 17, MarketsFarm Pro analyst Mike Jubinville pointed out that the major pulse crop areas got very little.  While any precipitation has been beneficial to this year’s crops struggling with dry conditions, Jubinville said, it won’t help that much.  “In terms of advancing pea and[...]

Drought expands across Canadian Prairies

MarketsFarm -- Warm and dry conditions across much of the Prairies in May caused drought conditions to worsen, especially in Alberta, according to the latest Drought Monitor report from Agriculture and Agri-Food Canada. As of May 31, an estimated 79 per cent of the Prairie region was classified as abnormally dry (D0) or in moderate[...]


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: Saskatchewan pulses dealing with dryness

MarketsFarm –  Seeding went well across the province thanks to hot and dry temperatures following a cool spring, said Saskatchewan Pulse Growers (SaskPulse) executive director Carl Potts. However, the dry conditions are still cause for concern.  “A later-than-normal start, but we wrapped up seeding within that normal window that growers typically do,” Potts said. “(It[...]


Pulse weekly outlook: Manitoba crops get good start but need rain

MarketsFarm -- Pulse growers in Manitoba are waiting for one thing: rain. So far in May, growing areas of the province have not seen any significant precipitation, according to Dennis Lange, industry development specialist for pulse crops with Manitoba Agriculture. Dry beans, he said, are the last pulse crop farmers have been planting in Manitoba[...]

Pulse weekly outlook: Green, yellow pea prices reach parity

MarketsFarm -- Yellow and green pea prices in Western Canada have taken divergent paths to start 2021, with yellow peas on the rise and greens declining as values reach parity in many locations. Mike Jubinville of MarketsFarm Pro explained that while Canada's pea exports suffered under yellow pea import restrictions implemented by India, China later[...]


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: Good harvests, transportation a ‘mixed bag’: Pulse Canada 

MarketsFarm – As harvesting operations for pulses in Western Canada come to a close, Mac Ross, Pulse Canada’s director for market access and trade policy, said this year’s crops have been successful in terms of quality and yields. “I haven’t heard any concerns regarding quality. In a lot of cases, I’ve been hearing that the[...]