Photo: Thinkstock

Pulse weekly outlook: AAFC forecasts larger dry pea, lentil crops  

Dry pea prices have seen gains over the week; lentils steady to higher

Agriculture and Agri-Food Canada forecasted increases in the production of dry peas and lentils for the 2024/25 crop year compared to those in 2023/24. AAFC issued its first supply and demand report for the calendar year on Jan. 22, which included the department’s preliminary estimates for the coming crop year. The data was not based on farmer surveys or satellite models. 

Chickpeas. (CalypsoArt/iStock/Getty Images)

USDA confirms larger U.S. lentil/pea/chickpea crops

Edible bean production down slightly with lower seeded area, yield

Final production estimates for the past growing season from the United States Department of Agriculture confirmed larger lentil, dry pea and chickpea crops in the country in 2023/24 compared to the previous year, as yields improved for all three crops. However, edible bean production was down slightly as both yields and seeded area were down for the crop.


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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. 

Green lentils. (Savany/iStock/Getty Images)

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


Yellow peas. (Victoria Popova/iStock/Getty Images)

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

Pinto beans. (Vergani_Fotografia/iStock/Getty Images)

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

Canada's edible bean crop estimated smallest since 2016

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