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(Iggi_Boo/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Canada’s prices well supported given smaller crops

Dispute between Canada, India to be watched closely

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MarketsFarm — Canadian pulse production came in well below average in 2023, keeping prices supported for the time being. Total pea production was pegged at 2.27 million tonnes by Statistics Canada on Thursday. That was up slightly from the 2.19 million tonnes forecast in August, but well off the 3.42 million tonnes grown the previous
Green lentils. (Savany/iStock/Getty Images)
Crops, Markets, Pulses, Weather

Pulse weekly outlook: Poor monsoon rains cut into India production

Canadian crops also expected lower

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MarketsFarm — Disappointing monsoon rains in India this year are expected to cut into the country’s pulse production, according to reports out of the country. Crop production in India is highly dependent on the monsoon rains that typically soak the country from June through September, but the moisture to date was about nine per cent
Wheat-driven buzz
Grain Markets, Markets

Wheat-driven buzz

Expert’s Radar: Other nations’ output may sway prices at home

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While cleaning out the eavestroughs the other day, I unwittingly disturbed a hidden wasp nest, resulting in at least half a dozen stings on my hands and face. The pain eventually subsided but dealing with the nest turned out to be a bit more difficult than expected as they had found a crack between the
CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Weather

U.S. grains: Soybeans advance on hot, dry forecast

Corn overcomes pressure over Mexico spat

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Chicago | Reuters — Chicago Board of Trade soybean futures approached a two-week high on Thursday on concerns that hot, dry weather in forecasts could reduce the upcoming U.S. harvest. The U.S. has little room for crop losses due to unfavourable weather because the government already projects tight soybean supplies, analysts said. Some worries over
(Mahindra Tractors video screengrab via Facebook)

India’s Mahindra aims to double tractor exports with new platform

Oja line to be introduced in North America

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Mumbai | Reuters — India’s largest tractor maker, Mahindra and Mahindra, launched a new platform to manufacture lightweight tractors on Tuesday, which would enable the company to double its exports within three years, a senior company official told Reuters. The new platform, named Oja, was developed in collaboration with India’s Mahindra Research Valley and Japan’s
File photo of rice growing near Pune in Maharashtra, western India. (ePhotocorp/iStock/Getty Images)
Crops, Markets, Pulses, Weather

Late Indian monsoon to start in next two days

The monsoon is vital to the country's agricultural production

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MarketsFarm – The onset of India’s annual southwest monsoon, which is vital to the country’s agricultural production, is expected to hit the southern state of Kerala within the next 48 hours, according to an update from the India Meteorological Department. The persistence of westerly winds over the Arabian Sea, the increased depth of those westerly
File photo of a chickpea crop in India. (Nikhil Patil/iStock/Getty Images)
Crops, Markets, Pulses

Firm Canadian chickpea market watching world production

Trade keeps eye on crops in Turkey, Russia, India

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MarketsFarm — Canadian farmers are in the early stages of planting the country’s next chickpea crop, with market conditions firm for the time being, ahead of new-crop harvests in other countries. “The market is firm, it’s not going up or down,” said Jake Hansen of Mid-West Grain at Moose Jaw, Sask., noting there was not
File photo of a rapeseed field in India. (Amlanmathur/iStock/Getty Images)
Crops, Weather

India’s rapeseed output to be steady

El Nino may be a spoiler

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MarketsFarm — Rapeseed production in India has been forecast to remain quite consistent, according to the U.S. Department of Agriculture (USDA) attaché in New Delhi. The attaché projected rapeseed production for 2023-24 to hold at 11.5 million tonnes, the same in 2022-23. USDA’s official numbers placed India as the world’s No. 4 producer of rapeseed,
Pacific Ocean sea surface temperature (SST) anomalies, in degrees Celsius, for the week centred on April 5, 2023. (CPC.ncep.noaa.gov)
Crops, Weather

U.S. forecaster sees 62 per cent chance of El Nino developing during May-July

Argentina, parts of U.S. could benefit; Asian crops may not

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Reuters — A U.S. weather forecaster on Thursday predicted a 62 per cent chance of the El Niño phenomenon developing in the Northern Hemisphere during May-July, and a strong chance toward end-year, likely compounding risks to crops across the globe. “The coastal warming in the eastern Pacific may foreshadow changes across the Pacific basin. Therefore,

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