MarketsFarm — There has continued to be a strong demand for peas, as demonstrated by data from the Canadian Grain Commission. And that has been supporting price increases, according to Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. “The overall demand has been very, very good,” she said. In the most recent export data
MarketsFarm — Green pea prices in Western Canada have come off their highs in recent weeks, as end users back away from the market. Top-end green pea bids have lost about a dollar per bushel over the past month, according to Prairie Ag Hotwire data. “A lot of the end users are full now,” said
MarketsFarm — Green peas continue to command a sizeable premium over their yellow counterparts in Western Canada, which should see acreage shift this spring and an eventual rebalancing of the price spread. Green peas usually trade at a premium to yellow peas due to higher quality specs and concerns over bleaching, but the current price
CNS Canada — A policy extension from major pulse buyer India has brought short-term support to Canada’s dry pea market, but values are hanging in a range, price- and demand-wise. India in late March extended its fumigation policy requirement for three months, allowing the market some breathing room, though officials still hope to come to
CNS Canada –– Prairie pea prices are steady, but farmers are holding out, according to one trader, as emerging new-crop bids grow in strength. “I think what’s moving prices is simply the expectation that (they) can’t go that much lower,” said David Newman of Victoria-area pulse trading and processing firm Commodious Trading. A lack of
CNS Canada –– Canada’s green and yellow pea markets typically move together, as each market pulls the other up or down, but they seem to have broken out of that cycle, a Victoria-based trader says. Green peas prices have edged lower on a lack of demand, while yellow peas have gained ground. The last time
CNS Canada –– Following are a few highlights in Canadian and world pulse markets on Tuesday morning, Oct. 20. • Shortages and resulting high local prices in India remain at the forefront of the global pulse market. The government recently imposed restrictions on how many tonnes companies can store in an effort to curb hoarding.
CNS Canada — Western Canada’s pea harvest has begun and yields appear to be down, according to a crop management specialist with Saskatchewan Agriculture. “Once farmers cut into the peas they began finding yields maybe half of what they typically expected,” said Shannon Friesen. Excess dryness in the early summer seems to have taken its