MarketsFarm — Green and yellow pea seeding is well underway across the Prairies, causing new-crop prices to slide marginally while spot prices hold firm. As Dale McManus, a broker with Johnston Grain at Welwyn, Sask., explained, seeded acres and new crop prices have an inverse relationship: as seeded acres rise, new crop prices fall. Producers […] Read more
Tag Archives yellow peas — page 4
Pulse weekly outlook: Planted green, yellow peas lower prices
Pulse weekly outlook: Yellow, green pea prices vary ahead of seeding
MarketsFarm — India’s tariffs on Canadian pulses hit green and yellow peas particularly hard over the past year — and the market is still hurting as producers plan acres for 2019. Since yellow pea exports dropped significantly in the middle of the year, “there’s going to be a lot of carryover in yellow peas for […] Read more
Pulse weekly outlook: Ample supply drives down feed pulse prices
Prices for feed pulses have dropped over the last month as farmers have turned to the feed market as the only buyer, according to a trader. “Regular processors aren’t buying as many low-grade lentils, so guys are tired of sitting on them. So you’re starting to see them come to the feed market,” said Jay […] Read more
Pulse import plunge in India to ripple across Canada, Australia
Mumbai | Reuters — Pulse imports to India, the world’s biggest buyer, may fall to their lowest in nearly two decades after the government raised import taxes and restricted overseas purchases to bolster prices, impacting the plans of its global suppliers. The reduction in imports illustrates the government’s steps to raise the prices of pulses, […] Read more
A+W to launch pulseburger next month
Canada’s second-biggest burger chain plans to roll out a new non-meat burger in the Canadian market starting in July. A+W Food Services of Canada on Thursday announced a July 9 release date for what it’s dubbed the Beyond Meat Burger at all its restaurants across the country, in what CEO Susan Senecal called “the fastest […] Read more
Confusion surrounds India’s latest pea import curb
The fine detail in the announcement of a new cap on pea imports into India has led to new uncertainty over whether the cap applies to yellow peas, or all peas. India’s commerce and industry ministry announced Wednesday that pea imports between April 1 and June 30 this year are now restricted to a total […] Read more
Pulse weekly outlook: China/U.S. dispute could open window for peas
CNS Canada — As trade tariffs between China and the U.S. mount, so too does the potential for other countries to swoop in and plug the gap in whatever market may need filling. While U.S. soybeans are the most significant of the crops included so far in the tit-for-tat battle of proposed tariffs, it seems […] Read more
Downturn seen in organic markets for malt barley, hemp
CNS Canada — As organic producers look to clean out the 2017 crop from their bins before seeding, they’re finding lower prices than they’re willing to sell for. Contracts have been filled up, meaning some producers who were waiting for higher prices are out of luck with no options to sell their crops. Some buyers […] Read more
Pulse weekly outlook: Alberta pea area tries to hang on
CNS Canada — Despite a drop in spot prices due to tariffs imposed by India on peas, one industry expert says she isn’t convinced that means acreage will drastically be reduced in Alberta this spring. “I think we’ll see a little bit of a drop, but I don’t think it will be as impactful as […] Read more
India imposes duties on chickpeas, lentils
CNS Canada — India is introducing immediate 30 per cent tariffs on imports of chickpeas and lentils, the country’s government announced Thursday. The import duties follow the 50 per cent tariff on yellow peas India introduced in November, and come as part of ongoing efforts by India to support farmers. “Production of chana (chickpeas) and […] Read more
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