Search Results for:

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[...]

MarketsFarm -- Continued tightening of worldwide wheat stocks has raised spring wheat prices in Western Canada during the week ended Thursday. As winter wheat planting in North America and Europe begins, dry conditions remain a threat not only in North America, but also in Argentina and Russia. The U.S. Department of Agriculture (USDA) also predicts[...]

MarketsFarm – After a hot and dry summer which scorched all of Western Canada, pulses are ready to come off the fields in Alberta. “The south is going pretty strong. South of Calgary is already pretty much done on peas. Quite a bit of lentils would be done already, too,” said Alberta Pulse Growers chair[...]

Saskatchewan's provincial crop insurance agency is raising the yield threshold at which drought-damaged crops can be grazed, baled for greenfeed or cut for silage with no penalty on future coverage. Saskatchewan Crop Insurance Corp. said Wednesday it would double the "low yield appraisal" threshold values on cereal or pulse crop acres put to feed. SCIC[...]

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[...]

MarketsFarm -- Significant precipitation through May relieved drought conditions across parts of the Prairies, while other areas remained significantly dry, according to the latest assessment from the Canadian Drought Monitor as of May 31. This precipitation improved soil moisture conditions for the short-term, decreasing the area of moderate (D1) and severe drought (D2) in central[...]

MarketsFarm -- Yellow pea prices on the Prairies have shown strength since harvest, as they've seen an appreciable change in demand from India. Darwin Hamilton of Kalshea Commodities in Winnipeg said India is always looking to increase its pulse acres. But, in the event of shortages, it's been turning to North America for yellow peas.[...]

Manitoba's latest budget follows through on a move the government telegraphed in last fall's throne speech, by starting a phased removal of education tax on farm and residential properties. Finance Minister Scott Fielding's budget, released Wednesday, calls for about $248 million in education tax rebates in 2021 alone for about 658,000 property owners. Owners of[...]

MarketsFarm -- Lentil prices in Western Canada saw a counter-seasonal rally at the end of harvest and are likely to sustain that rally into winter. "Prices are going to keep going higher," Darcy Barie, a commodity buyer with Verdient Foods at Vanscoy, Sask., said. Ahead of the 2020 harvest, red lentils were around 24 cents/lb.[...]

MarketsFarm -- Pea and lentil markets in Western Canada are holding relatively steady heading into the holiday season, with little movement expected one way or the other until the New Year. "That's normal for this time of year," said Dale McManus of Johnston's Grain at Welwyn, Sask. on the lack of activity and stagnant prices.[...]