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Crops, Markets, Peas, Pulses

Pulse weekly outlook: Strong demand supporting pea prices

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MarketsFarm — There has continued to be a strong demand for peas, as demonstrated by data from the Canadian Grain Commission. And that has been supporting price increases, according to Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. “The overall demand has been very, very good,” she said. In the most recent export data […] Read more
Crops, Markets, Peas

Pulse weekly outlook: Roquette plant now contracting organic yellow peas

Pricing to be at 'sustainable' level for growers

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MarketsFarm — Roquette is now contracting for conventional and organic yellow peas for its new processing plant near Portage la Prairie, Man. After construction is finished at the end of 2020, the 200,000-square foot facility will work its way up to processing 125,000 tonnes of yellow peas per year. “We will be receiving peas in […] Read more
Canola, Crops

Becel maker Upfield to relocate Ontario plant

Company to make vegan cheese substitutes, other spreads at Brantford

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The maker of Becel margarine, Imperial spreads and, most recently, vegan near-cheese Violife plans to boost its Canadian manufacturing capacity with a move from Toronto to Brantford, Ont. The Canadian arm of Amsterdam-based Upfield said Wednesday it has bought a 164,000-square foot industrial building at Brantford and “brings a significant investment involving the purchase of […] Read more
Crops, Markets, Peas, Reuters

Plant-based protein maker Roquette sees short-term COVID-19 impact

Demand could accelerate second Canadian plant

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Paris | Reuters — The plant-based protein market has seen a slowdown in new product launches and lower sales in restaurants and cafeterias due to COVID-19 but benefited from more people cooking at home and trying new products, French manufacturer Roquette said. The market for plant-based protein such as meat-free burgers has surged in the […] Read more
Crops, Lentils, Markets, Peas

Pulse weekly outlook: Peas, lentils see some strength

Lentil trade watching India

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MarketsFarm — Canadian pea and lentil markets have shown some post-harvest strength in recent weeks, with good offshore demand providing support. “On the yellow pea side, it’s China, and on lentils, it’s basically India,” Marcos Mosnaim, of Globeways Canada, said of the strength in both markets. Yellow peas are currently trading as high as $7.50 […] Read more
Crops, Markets

Statistics Canada trims wheat production estimate

Lentil crop estimate up from August

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MarketsFarm — Canadian farmers grew less wheat in 2020-21 than earlier thought, according to updated production estimates Statistics Canada released Monday. However, the country’s wheat crop would still be the second-largest on record and well above the five-year average. Using yield models based on satellite imagery, total wheat production in the country for 2020-21 is […] Read more
Crops, Markets

StatsCan stocks report shows lower lentils, durum, canola

Lentil supply picture 'extremely tight'

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MarketsFarm — Statistics Canada’s stocks of principal field crops report detailed tight ending stocks for lentils durum and canola. As of July 31, lentil stocks totalled just 61,000 tonnes, down by 91.5 per cent from last year. Exports were up by over 30 per cent year-over-year, which accounted for some of the decrease. “It’s an […] Read more

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