MarketsFarm — Prices for green and red lentils are very likely to remain relatively steady, according to Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. “Inventories are relatively low and there are not a lot of people to go to for green lentils in Canada,” she said. “From a buyer’s point of view, they’re […] Read more
Tag Archives Lentils — page 8
Pulse weekly outlook: Lentil prices expected to hold
Pulse weekly outlook: India removes tariffs on most lentil imports
MarketsFarm — Lentil suppliers in Canada have received a bit of a boost from a surprise policy decision overseas. India’s government on Feb. 12 suspended all tariffs on most lentil imports, which will reduce costs for its two largest exporters, Canada and Australia, to ship the crop to the country. The tariff removal is not […] Read more
Pulse weekly outlook: Pulse stocks drop due to drought
MarketsFarm — Statistics Canada’s latest report on stocks of principal field crops clearly demonstrated how much of an effect last summer’s historic drought in Western Canada had on pulse crops. According to the report released Tuesday, last December’s total domestic stocks for dry peas, chickpeas, lentils and soybeans all declined from the year earlier. Those […] Read more
Pulse weekly outlook: Lentil prices decline, may shift in spring
MarketsFarm — Prices for Canadian lentils, along with other pulses in the country, have slightly declined since the start of 2022. However, one pulse buyer thinks the next few months can recharge the market. Lionel Ector, president of Diefenbaker Spice and Pulse at Elbow, Sask., explained that a good Australian lentil harvest in December has […] Read more
Pulse weekly outlook: Early signs point to larger Canadian crops
MarketsFarm — Early signs point to a sizeable increase in Canadian pulse production in 2022-23, but co-operative weather will be needed to meet those expectations. Strong returns over the past year relative to other crops should encourage farmers to seed more peas and lentils in 2022, according to the first outlook for the new crop […] Read more
Larger Canadian crops predicted in AAFC’s first 2022 outlook
MarketsFarm — A return to trend-line yields after the past year’s drought should lead to a significant increase in Canadian crop production in 2022, according to the first supply/demand estimates for the 2022-23 season from Agriculture and Agri-Food Canada (AAFC), released late Friday. Seeded area is expected to be up for wheat and the pulses, […] Read more
Pulse weekly outlook: Peas, lentils may see slight movement
MarketsFarm — As the calendar changed to 2022, there was not much movement on pulse markets — but they weren’t entirely static, according to a Saskatchewan-based broker. “Yellow and green peas have been moving (lately), but as far as lentils and others, no,” said Dale McManus, broker for Johnston’s Grain at Welwyn, Sask. He attributed […] Read more
Pulse weekly outlook: Lentils steady during holidays
MarketsFarm — There isn’t much movement in lentil prices as the market is in holiday mode, according to Dale McManus of Johnston Grains at Welwyn, Sask. “We’re doing two or three loads every second or third day, but not over-pushing it,” he said. Prices for lentils have been very steady this week. Lairds in Western […] Read more
Pulse weekly outlook: New investments cause for optimism
Sector looking forward beyond challenges of 2021
MarketsFarm — Canada’s pulse industry had to endure more than its fair share of challenges and obstacles in 2021, domestic and abroad. Nevertheless, the national organization representing pulse growers, traders and processors feels the industry will be strong in the New Year. An already tight supply situation became tighter in 2021 as drought in Western […] Read more
Pulse weekly outlook: Expect little movement in prices during holidays
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 […] Read more
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