
Lentils

Early signs point to increased crop production in 2024/25: AAFC
Rotation, moisture, expected prices, costs among main factors expected in seeding decisions
A return to trend yields should see an increase in production for most of the major crops grown in Canada in the upcoming 2024/25 (Aug/Jul) marketing year, according to the first outlook for the season from Agriculture and Agri-Food Canada released Jan. 22.

Pulse weekly outlook: Pulse Canada looking for success in 2024
Despite a smaller crop last year, lentil demand remained strong, especially from India
Greg Northey, vice-president of corporate affairs said crop production bounced back in spite of challenging growing conditions in some areas. Chickpeas and edible beans saw increased production in 2023-24 compared to the previous year, while lentil and dry pea production declined.

Most lentil prices at year highs as 2023 closes
Little movement among Western lentils as New Year dawns
With the New Year, there was scarce price movement among the lentils in Western Canada, according to Prairie Ag Hotwire. A number of lentil varieties saw the upper end of their price range hit highs as 2023 drew to a close.

Tight Canadian lentil carryout expected
Tightest lentil stocks since July 2010 forecasted
Canadian lentil stocks are forecast to be extremely tight by the close of the 2023/24 marketing year, which should keep prices well supported despite expectations for a smaller export program.

AAFC raises canola, wheat ending stocks forecasts
Pea, barley carryout estimates raised, lentils cut in half
Glacier FarmMedia – Canadian canola and wheat carryout for the 2023/24 marketing year will likely end up above earlier projections, according to the latest Outlook for Principal Field Crops from Agriculture and Agri-Food Canada (AAFC) released Dec. 15.

Higher canola, wheat production expected in StatCan report
Traders raise concerns about report accuracy
MarketsFarm — There was a consensus among several traders and analysts that Statistics Canada will very likely raise its estimates on canola and wheat production for 2023-24. Yields on the Prairies were better than expected following a difficult first half of the growing period, as the weather improved during the second half. StatCan is set […] Read more

Pulse weekly outlook: Green lentils show strength, reds lag
Green lentil sales limited as farmers bullish
MarketsFarm — Green lentil bids in Western Canada are trading at their highest levels of the past year, with solid new-crop pricing opportunities already becoming available. Spot bids for large green lentils can currently be found in the 60 to 72 cents/lb. area, according to Prairie Ag Hotwire data, with new-crop contracts hitting 50 cents […] Read more

Organic operators down, acreage up: new industry stats
Total organic sales in 2022 was $10.26, billion up from $9.35 billion in 2021
The number of Canadian organic producers and processors fell by nearly 300 in 2022 according to the latest industry stats. “There’s people coming in and there’s people going out,” said Tia Loftsgard, executive director of the Canadian Organic Trade Association (COTA).

Pulse weekly outlook: Pea exports solid so far, lentils down on year
MarketsFarm — Canadian pea exports are running at a solid pace through the first two months of the 2023-24 marketing year, despite smaller production, as exports of newly-harvested supplies in September nearly quadrupled what moved the previous month. Canada exported 440,085 tonnes of peas in September, up from only 99,645 tonnes the previous month, according […] Read more

Pulse weekly outlook: Lentils shift in narrow range
Farmers seen sitting on product for now
MarketsFarm — Price movement for most western Canadian lentils held narrowly rangebound for the week ended Monday. Prairie Ag Hotwire reported most prices remained one cent per pound of unchanged. To Marcos Mosnaim of Export Packers, there were two central reasons for such sparse movement in lentils. “On one side… I will say the lack […] Read more