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Pulses

(Screengrab from Merit Functional Foods video via YouTube)
Canola, Crops, Markets, Peas

Merit Foods pays off operating lender, no deal yet for plant

Plant-based protein processor in receivership since March

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A Winnipeg pea and canola protein processor in receivership since this spring remains mothballed for now with no firm buyer — but has paid off one of its three secured creditors. Merit Functional Foods, which entered receivership March 1 after just two years’ operation, has sold all its remaining finished and raw inventory and directed […] Read more
Green lentils. (Savany/iStock/Getty Images)
Crops, Lentils, Markets

Pulse weekly outlook: Green lentils show strength, reds lag

Green lentil sales limited as farmers bullish

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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
File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)
Crops, Markets, Peas

Pulse weekly outlook: Pea prices beginning to weaken

'Increased export competition' seen

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MarketsFarm — With increased export competition, pea prices in Western Canada have slipped back, according to Levon Sargsyan of Johnston Grains in Calgary. “We are hearing that China slowed their imports down from Canada, which is driving the current decrease in prices,” Sargsyan said. “They have increased their imports from countries like Russia, which is […] Read more
Yellow peas. (Victoria Popova/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Pea exports solid so far, lentils down on year

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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
Lentils. (Seb_ra/iStock/Getty Images)
Crops, Lentils, Markets

Pulse weekly outlook: Lentils shift in narrow range

Farmers seen sitting on product for now

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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
Chickpea curry. (Modesigns58/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Activity to ramp up for chickpeas

'Quality was good, yields were lower'

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MarketsFarm — Things are quiet right now on the chickpea front, but that could change in a few weeks, according to Jake Hansen of Mid-West Grain in Moose Jaw. “I think everyone’s getting prepped and ready for Argentina’s harvest, but it’s quiet,” he said. “There’s still movement on previous contracts, but not a lot of […] Read more
Pinto beans. (Vergani_Fotografia/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Smaller North American dry bean crops to underpin prices

Canada's edible bean crop estimated smallest since 2016

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MarketsFarm — Variable weather conditions during the 2023 growing season cut into edible bean production in some key North American growing regions, with tighter supplies overall likely to keep prices well supported. “The whole world is a little short of beans this year,” said Mitch Coulter, executive director of the Northarvest Bean Growers Association in […] Read more
File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)
Crops, Markets, Pulses

Pulse weekly outlook: Smaller yields than last year in Saskatchewan

Pulse production seen varying by location

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MarketsFarm — Yields and crop conditions from this year’s pulse harvest in Saskatchewan largely varied by location, according to SaskPulse executive director Carl Potts. “Generally on the east side of the province and some areas of the south, some pretty good yields. And then in the west-central, southwest regions, some yields that were quite low. […] Read more
File photo of black beans. (Nhattienphoto/iStock/Getty Images)
Crops, Pulses

Pulse weekly outlook: ‘Average’ dry bean crop in Manitoba

Won't be close to last year's 'pretty phenomenal' crop

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MarketsFarm — As Manitoba’s pulse harvest neared completion, a provincial pulse specialist says it will vary as to whether dry bean growers are satisfied with the result. Dennis Lange said that 96 per cent of Manitoba’s dry bean crop has already come off the field. In the central region, 97 per cent of its dry […] Read more
Lentils. (Seb_ra/iStock/Getty Images)
Crops, Lentils, Markets

Pulse weekly outlook: India dispute leaves lentils’ future uncertain

India was Canada's top customer in 2022-23

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MarketsFarm — As tensions between Canada and India remain very high, the future direction for Canadian lentils continued to be uncertain. “Your guess is as good as mine,” Marcos Mosnaim of Export Packers said as to what could happen, adding “Canada has to be careful. I don’t know what India will do.” Prime Minister Justin […] Read more

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