Post-harvest movement of Prairie chickpeas are reported to be slow, as ample supplies of the product around the world have led to weak prices. “It’s a very quiet market as demand is slow,” said Bobby Leavins, operations manager for Rayglen Commodities in Saskatoon. “We just haven’t moved very many chickpeas at all out of Canada.
Chickpea market quiet amid large global supplies
Green peas unlikely to remain up at $12
Western Canadian green peas have been valued at $12 per bushel or higher for over a month now, but Shawn Madsen says he’s unsure if the strength seen in prices will continue into the winter. “The trade generally thinks this is pretty expensive on green peas,” said Madsen, operations manager for Southland Pulse in Estevan,
Canary seed prices expected to remain steady into winter
Canadian canary seed prices are seen as having stabilized with the completion of harvest. Kevin Hursh, executive director for the Canaryseed Development Commission of Saskatchewan, said prices will likely continue to stay in their current range well into the winter. “Prices have been very stable,” he said, noting prices will likely remain in the 23
FDA’s trans fat ban could boost demand for non-soybean oils
The U.S. Food and Drug Administration (FDA) announcement Nov. 7 that it plans to phase out the use of trans fat in processed foods could cause demand for soyoil to drop in coming years, opening the door for other edible oil markets. “The announcement was really a surprise,” Dave Lehman, managing director of commodity research
Oat prices boosted by logistical issues
Western Canadian oats have seen a bump in value over the past few weeks, as logistical issues across the Prairies have been bullish for prices. “It’s been pretty volatile,” said Ryan McKnight, grain merchant for Linear Grain at Carman, Man. “Prices strengthened over the last couple of weeks, because there’s not a lot of oats
U.S. trans-fat ban could boost demand for non-soy oils
The U.S. Food and Drug Administration’s (FDA) plan to phase out the use of trans-fat in processed foods may lead demand for soyoil into a major decline in the next few years, opening the doors for other edible oil markets. Thursday’s FDA announcement “was really a surprise,” Dave Lehman, managing director of commodity research and
Black Sea region developing into major global grain exporter
The Black Sea region’s development as a big player on the global export market is seen continuing, as it has become one of the biggest exporters of wheat in the world. “The region went from being one of the biggest net importers to one of the biggest exporters of grain,” said Dr. Dmitry Rylko of
World needs more soybeans relative to corn, analyst says
Despite a large U.S. soybean crop, the global ratio of corn to soybeans is still wide — meaning South America needs to produce a strong crop this season. “The world needs more soybeans relative to corn,” Karl Skold of Bunge North America told the Cereals North America global grain conference in Winnipeg. “We need to
Lethbridge barley rallies slightly, could decline again
Lethbridge barley saw a slight bump in prices the last few weeks, but Jim Beusekom, grain broker at Marketplace Commodities in Lethbridge, said prices could see further lows depending on the price movement of other feed markets. “Through the second half of October, we’ve seen the market rally just slightly in Lethbridge,” he said. “Prices
Lentil prices remain competitive for Western growers
A large crop and competitive prices for Western Canadian lentils has many Prairie growers optimistic as they begin the market their crop over the next 10 months, said Bobby Leavins, operations manager for Rayglen Commodities in Saskatoon, Sask. According to Statistics Canada, Western Canada’s lentil production is pegged at 1.709 million tonnes, which would make