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(iStock photo)
Crops, Markets, Pulses

Pulse weekly outlook: Expect little movement in prices during holidays

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MarketsFarm — There were no surprises for pulses in Statistics Canada’s latest production report, according to Marlene Boersch of Mercantile Venture Consulting in Winnipeg. With that in mind, she doesn’t expect any significant price changes for pulses. “Part of the reason is we’re starting to glide into the holiday period. We’ll probably see some movement
(Dave Bedard photo)
Crops, Markets

Smaller crops likely in StatsCan survey-based report

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MarketsFarm — Mindful of the summer drought conditions that seriously cut into crop production across the Prairies, average trade estimates call for downward revisions to Statistics Canada’s already-small forecasts for most crops when the it releases its first survey-based estimates of the marketing year on Friday. While prior reports, in September and August, were compiled
File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)
Crops, Markets

Pulse weekly outlook: Feed peas in short supply

Some feeders substituting soymeal

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MarketsFarm — Hot and dry growing conditions cut into Canada’s pea production in 2021-22 — but the quality was relatively good, which means feed peas are in even shorter supply. “Yields were low across the harvest this year, but I’d say quality was quite good on yellow and green peas,” said a feed pea merchant.
Aerial view of the Portage la Prairie plant.
News

Roquette pea plant approaching starting line

The global-leading pea-processing facility is on schedule to begin operation later this month

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The final touches are being put in place at Roquette’s $600-million pea protein plant near Portage la Prairie. The huge investment by French plant protein specialist Roquette, has already had an impact on the Manitoba economy. Since the project broke ground in 2017, Portage la Prairie has seen a massive economic boost. “The community has
“We need to change the mindset of farmers from just growing a commodity pea to actually growing a food-grade pea and the quality specs that go along with that."
News

Premium prices for premium peas

Roquette’s new Portage facility wants food-grade peas and will help farmers produce them

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Roquette wants sustainably produced, premium field peas for its new $600-million pea-processing Portage la Prairie facility — the world’s biggest — and is paying a premium price to get them. “Generally speaking we pay a $1 bushel for the Environmental Farm Plan and the traceability reports that they (farmers) do for us,” Derek MacLean, Roquette’s senior grain buyer,
Yellow peas. (Victoria Popova/iStock/Getty Images)
Crops, Markets

Pulse weekly outlook: Yellow peas selling at a premium

Local fractionation markets competitive

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MarketsFarm –– Last summer’s lacklustre pea harvest in Western Canada has helped raise prices, but none more so than those of yellow peas. Yellow peas were trading at a high-delivered bid of $17.50 per bushel, according to Prairie Ag Hotwire data from Monday, up $1.50 from the same time last month and $9.50 from the
File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)
Crops, Markets, Weather

Pulse weekly outlook: Pea protein in demand despite falling yields

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MarketsFarm — Very few crops took more of a hit during the drought-stricken summer of 2021 than dry peas. Meanwhile, firm international demand and tightening stocks will raise pea prices even higher. According to Agriculture and Agri-Food Canada’s (AAFC) latest field crop estimates released Friday, pea production dropped 45 per cent at 2.527 million tonnes
(Dave Bedard photo)
Crops, Markets

AAFC lowers ending stocks estimates on crops

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MarketsFarm — Canadian producers will see much tighter grain and oilseed stocks at the end of the current 2021-22 marketing year than what was expected last month, while those for pulse and special crops remain mostly steady. Agriculture and Agri-Food Canada’s (AAFC) September supply/demand estimates, released Friday, project 2021-22 ending stocks for all principal field
Production is being fine-tuned at Roquette’s pea processing plant near Portage la Prairie. (Photo courtesy Roquette Canada)
Crops

Roquette warns of price rise in plant-based food market

Prairie drought could cut pea yields 45 per cent

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Paris | Reuters — A global surge in pea prices linked to low supplies and growing demand for plant protein will inevitably need to be passed on to customers, including makers of alternative food such as meat-free burgers, French producer Roquette said on Monday. The market for alternative protein has soared in recent years, attracting

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