The privatization of Canadian pulse processor AGT Food and Ingredients is set to move another step forward as company officials take their plan to Ontario’s Superior Court on Monday. The Feb. 11 court date in Toronto comes after AGT shareholders voted Tuesday at a special shareholders’ meeting in favour of privatization, according to a company […] Read more
Tag Archives pulses — page 25
AGT privatization gets shareholders’ approval
Pulse weekly outlook: Nothing new in India
Very little has changed for Canadian pulses in terms of exports to India, according to an analyst. Meanwhile, Canadian stocks of dry field peas and lentils are still relatively large, according to Statistics Canada. India in 2017 imposed import duties to protect its domestic pulse industry and is rumoured to be solidifying those duties, according […] Read more
Eat plant-based foods more often, new Food Guide says
Health Canada unveiled a new Canada Food Guide today that ends the era of the ‘four food groups,’ no longer refers to serving sizes nor specific amounts of food to eat daily, and replaces the former iconic rainbow with a dinner plate comprised mostly of plant-based foods. This new guide is all about proportion rather […] Read more
Pulse weekly outlook: Lentils, peas get new profile as protein source
Health Canada has unveiled its new food guide, which switches the focus from portion sizes to a balanced diet and includes protein from sources like peas and lentils. For the Canadian pulse crop industry, it’s a narrative they’ve been sharing for years. The new Canada’s Food Guide is “also sort of a realization that there […] Read more
U.S. firm partners with James Cameron’s Prairie pulse processor
CNS Canada — Saskatchewan pulse processing company Verdient Foods has entered into a joint venture agreement with U.S. company Ingredion to expand operations. The organic pea protein fractionation facility at Vanscoy, about 20 km southwest of Saskatoon, has been running since last year and the new agreement will see it expand operations to include more […] Read more
Pulse weekly outlook: Eyes on India as North America’s prices firm
CNS Canada — From where Prairie pulse market analysts sit, India’s politics and current weather situation remain important to watch. India’s national election will be called in the next three to five months. “There’s so many hundreds of thousands of farmers in India and they have political clout,” said Allan Johnston of Johnston Grains at […] Read more
Pulse weekly outlook: 2018 a challenging year
CNS Canada — It’s been a year of challenges for the Canadian pulse industry, as it struggled to survive after its largest customer all but vanished overnight — but the industry has started to grow in new ways. “It was challenging for farmers who saw a real shift in pulse prices, challenging for processors and […] Read more
Pulse weekly outlook: Market depends on India’s fortunes
CNS Canada — When it comes to Canadian pulse crops, David Newman of Commodious Trading says producers, speculators and processors are long — and that has been of great concern to him. “You have everybody wanting to sell and you better hope that there’s someone there to take all of it,” he said. The wildcard […] Read more
AGT’s privatization to proceed
CNS Canada — AGT Food and Ingredients has announced a definitive agreement to take the publicly-traded Saskatchewan pulse and durum processing and export firm private. If all conditions are met, the deal is expected to go through in the first quarter of 2019. The buyer group, including AGT CEO Murad Al-Katib, Fairfax Financial Holdings Limited […] Read more
Pulse weekly outlook: India seen becoming a pulse buyer again
CNS Canada — After a year that saw India drop off the map as a pulse importer, some industry officials expect we could soon see India re-enter the market. “Seeding is going down, the monsoons are weak. So definitely they will need to import. I see that in the next few months we will start […] Read more
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