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Tag Archives green peas

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Crops, Markets

Industry believes green pea supplies are over-reported

Analysts say crop insurance data and high prices indicate that stocks of the crop are higher than Statistics Canada is reporting

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Canada has far fewer green peas than the government is reporting, says an analyst. “Purely from a price perspective, markets believe the Canadian harvest was smaller than estimated by Statistics Canada,” Stat Publishing noted in a recent article.
File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)
Crops, Markets

Pulse weekly outlook: Pea prices beginning to weaken

'Increased export competition' seen

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MarketsFarm — With increased export competition, pea prices in Western Canada have slipped back, according to Levon Sargsyan of Johnston Grains in Calgary. “We are hearing that China slowed their imports down from Canada, which is driving the current decrease in prices,” Sargsyan said. “They have increased their imports from countries like Russia, which is […] Read more
File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)
Crops, Markets

Pulse weekly outlook: Peas heading in different directions

Export demand seen down for yellows

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MarketsFarm — Prices for green and yellow peas have been starting to move further apart, according to Levon Sargsyan, grain broker with Johnston’s Grain at Welwyn, Sask. Sargsyan pointed out that prices for yellow peas have been slipping back recently. “Export demand has dropped overseas, so that’s been pushing the yellow pea prices down. The […] Read more
Yellow peas. (Victoria Popova/iStock/Getty Images)
Crops, Markets

Pulse weekly outlook: New Year’s pressure drags on North Dakota peas

Pea prices relatively higher north of border

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MarketsFarm — Pea prices in North Dakota have been feeling pressure from the New Year, according to Landon Lechler of Beach Co-operative at Beach, N.D., about 360 km south of Weyburn, Sask. Besides the turning of the calendar New Year, Lechler said the upcoming Chinese New Year has slowed export demand for yellow and green […] Read more
(4loops/iStock/Getty Images)
Crops, Markets

Pulse weekly outlook: Pea prices hold steady in weak market

Values expected to soften in new year

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MarketsFarm — Prices for green and yellow peas in Western Canada have remained quite steady over the last week, largely due to the lack of demand, according to Darwin Hamilton of Kalshea Commodities in Winnipeg. “North American peas are more expensive than the peas coming out of Eastern Europe. A lot of that product is […] Read more

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