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Pulse weekly outlook: AAFC forecasts larger dry pea, lentil crops  

Dry pea prices have seen gains over the week; lentils steady to higher

Agriculture and Agri-Food Canada forecasted increases in the production of dry peas and lentils for the 2024/25 crop year compared to those in 2023/24. AAFC issued its first supply and demand report for the calendar year on Jan. 22, which included the department’s preliminary estimates for the coming crop year. The data was not based on farmer surveys or satellite models. 



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Crop revenue ‘mowed down’ by falling prices

Producers can expect a profitability pinch compared to last year

Glacier FarmMedia – Last year was the most expensive crop to ever be planted on the Prairies. In 2024, farmers will spend less on fertilizer, diesel and other inputs, but costs are only marginally lower, said Darren Bond, a farm management specialist with Manitoba Agriculture, “The crop this year … the cost of putting in

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How El Niño threatens emerging market economies

Significant changes to rainfall, or prolonged droughts, could also impact hydropower output, boost food, fuel prices

London | Reuters – Countries around the world are battling heatwaves and floods fueled by El Niño, a naturally occurring climate phenomenon that has a 90 per cent probability of persisting in the second half of 2023, according to the World Meteorological Organization. The worldwide impact can be enormous, but the stakes are higher for


Green lentils. (Savany/iStock/Getty Images)

Pulse weekly outlook: lentils poised to go either way pricewise 

Everything is dependent on the yields come harvest says analyst

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

We must assume that the situation that developed in 2022 is apt to occur again, and that next time it may not work out as well as it apparently has in 2022.

Opinion: The dodged bullets of 2022

Ag policy needs to be prepared if last year’s lifelines don’t reappear

Canadian grain and oilseed producers experienced a surge in major crop input expenses in 2022. At the same time, the market for grains and oilseeds was exceptionally volatile. This dynamic was critical in determining farm incomes in 2022 and has much to say on what farmers need from agricultural policy. To investigate this issue, the