Demand may encourage more red lentil acres: AGT

Reading Time: < 1 minute MarketsFarm — Improving lentil prices over the past month may encourage more acres of the pulse crop in Western Canada this spring, according to an industry official, as seeding is set to start within the next few weeks. “With the recent March demand surge, mostly due to COVID-19, pulse prices have increased sending a signal […] Read more

Pulse weekly outlook: Turkey may see larger red lentil crop

Reading Time: 2 minutes MarketsFarm — Turkey is expecting to see an increase in lentil production in 2020, according to a processor in the country. White bean production is also expected to rise, although chickpea production could be down slightly on the year. Fethi Sonmez, CEO of Turkey-based Armada Foods, expects to see red lentil production in the country […] Read more

Prairie cash wheat: Bids mostly stronger

Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mostly stronger during the week ended Thursday, with gains observed in CWRS and CPSR wheats, while durum saw small losses. Average CWRS (Canada Western Red Spring, 13.5 per cent protein) wheat prices were up $2 per tonne, according to price quotes from a cross-section of delivery points […] Read more


USDA adjusts world rapeseed stocks estimates

Canadian carryout pegged above AAFC's estimate

Reading Time: < 1 minute MarketsFarm — World rapeseed ending stocks are forecast to tighten slightly in 2019-20 compared to earlier projections, according to an update from the U.S. Department of Agriculture’s Foreign Agriculture Service. The Oilseeds: World Markets and Trade report pegged world rapeseed carryout for the current marketing year at 6.307 million tonnes, down from the February estimate […] Read more


Cattle inventories continue to decline, StatsCan says

Canada's hog herd also down on year

Reading Time: < 1 minute MarketsFarm — Canada’s cattle herd in 2019 continued on its generally consistent path of declining numbers, according to new data Statistics Canada released Tuesday. Aside from a few slight increases in 2012, 2013 and 2018, Canadian cattle inventories have moved lower since 2005. At 11.2 million head, the reported number of cattle on farms in […] Read more

Grain vessels backing up at West Coast

Reading Time: 2 minutes MarketsFarm — Vessels waiting to ship grain off Canada’s West Coast are backing up as blockades across the country slow rail traffic, according to reports tracking grain movement. Railway blockades have sprung up at a number of locations across the country over the past two weeks, as protestors express solidarity with Wet’suwet’en hereditary chiefs opposing […] Read more

Scoular to sell edible bean business

Reading Time: < 1 minute MarketsFarm — The Scoular Company has made a deal to sell its edible beans business in Manitoba and the northern U.S. to a Michigan edible bean processing and exporting co-op. Cooperative Elevator Co., which is owned by over 1,100 U.S. farmers and operates mainly in Michigan’s “thumb” northeast of Flint, announced Friday it will buy […] Read more


Virus fears weigh on global shipping sector

Reading Time: < 1 minute MarketsFarm — Global shipping rates continue to decline, hitting record lows in some cases, amid declining demand and concerns over the coronavirus outbreak in China. The Baltic Dry Index (BDI), compiled by the London-based Baltic Exchange, provides an assessment of the price of moving major raw materials by sea. The BDI has fallen for 13 […] Read more

U.S. winter wheat conditions mostly fair to good

Reading Time: 2 minutes MarketsFarm — The condition of the bulk of the U.S. winter wheat crop, taken from data provided by 17 reporting states, was at 29 per cent fair and 48.1 per cent good at the end of January. The rest of those states’ crops stood at 4.2 very poor, 12.1 poor and 7.2 per cent excellent, […] Read more