Saskatoon | MarketsFarm — To Murad Al-Katib, the opportunities for Canadian pulse exports to India are amazing, provided one correctly understands the context of India’s tariffs on pulses. Also, he said, those Canadian exporters must realize they need to switch from being solely dependent on commodities to adding value by shipping food and ingredients. “We […] Read more
Tag Archives Lentils — page 17

Grain World: Opportunities great for Canadian pulses, AGT CEO says

Grain World: AGT books eventful 2019
Saskatoon | MarketsFarm — This year has been a watershed year for AGT Food and Ingredients, the company’s CEO Murad Al-Katib told the Grain World conference in Saskatoon. AGT was delisted from the TSX earlier in 2019, as Al-Katib moved to take the company private after 12 years of being publicly traded. Its new ownership […] Read more

Pulse weekly outlook: Green pea bids still pointed higher
MarketsFarm — Green pea prices in Western Canada continue to rise, while bids for most of the other major pulses grown in the Prairies are also trending higher. Spot green pea bids have risen by about 70 cents per bushel over the past two weeks to currently top out at $10.50 per bushel, according to […] Read more

Pulse weekly outlook: India market likely pushing up prices
MarketsFarm — Faced with weather concerns surrounding its pigeon pea crop, India has been very likely buying lentils from Canada, said MarketsFarm analyst Mike Jubinville. Over the last month, prices for large green lentils have jumped 25 per cent because of issues with pigeon peas, said Jubinville. Green lentils can be substituted for the pigeon […] Read more

Allegations of U.S. peas, lentils passed off as Canadian
MarketsFarm — A company in the United States has alleged there are green peas and green lentils being shipped from the U.S. to Canada, then exported to China and India as being Canadian. Jeff Van Pevenage, president of Columbia Grain at Portland, Ore., first made the allegations to the Western Producer in September. He said […] Read more

Pulse weekly outlook: Wrinkles, loss of colour problems for lentils
MarketsFarm — As Canada’s lentil harvest comes along slowly, issues with wrinkles and the loss of colour have arisen, according to Markus Mosnaim of Globeway Canada in Mississauga. Loss of colour in green lentils translates to a downgrade, he said. “It can drop to No. 2, depending on how much colour is lost.” Wrinkles, meanwhile, […] Read more

Grain leaves Churchill for first time in four years
MarketsFarm — The first grain vessel in four years left the northern Manitoba port of Churchill over the weekend, according to social media posts from port owners Arctic Gateway Group. “Happy to report the successful completion and departure of the first grain vessel of the season from Churchill,” Arctic Gateway said on Twitter and Facebook. […] Read more

StatsCan confirms record-large canola ending stocks
MarketsFarm — Canadian canola ending stocks hit a new record for the 2018-19 crop year, according to updated data Statistics Canada released Friday. Canadian canola stocks as of July 31 came in at 3.9 million tonnes, up by 55 per cent on the year and about 800,000 tonnes above the previous record set in July […] Read more

Pulse weekly outlook: Harvest weighs on Saskatchewan bids
MarketsFarm — Seasonal harvest pressure may be weighing on pea and lentil bids in Western Canada — but rain delays could lead to quality premiums down the road. Large green lentils delivered to the plant are currently trading at around 20 cents/lb. at the high end, with red lentils topping out at 16 cents/lb. delivered, […] Read more

StatsCan confirms smaller canola crop
MarketsFarm — Statistics Canada’s first production estimates for the 2019-20 crop, released Wednesday, were generally in line with expectations, although upward revisions are likely in subsequent reports. The agency’s production of principal field crops report was “bang on with expectations across the board,” according to Ken Ball of PI Financial in Winnipeg. While both the […] Read more