It’s the tale of two very different markets when it comes to red and green lentils, with both markets seeing early excitement to the upside earlier this year. But now, Chuck Penner says, red lentil prices have dropped off sharply from the highs, while green lentil prices are strong enough there are new-crop bids already… Read More
Category: Pulse Marketing
The majority of the Prairie lentil crop has been harvested and some may be wondering what the market for the commodity holds. Marlene Boersch, managing partner of Mercantile Consulting Ventures (MCV), joins Kara Oosterhuis for this Pulse School episode to talk about what the global markets have in store for lentils. Boersch recently spoke at the… Read More
Summer is generally a time when the pulse markets go through a bit of a lull, but it’s always good to know what might happen in the markets come harvest. Chuck Penner of LeftField Commodity Research says that both farmers and buyers are sitting on the sidelines at this time of year, especially with widespread… Read More
When it comes to marketing grain crops, we all seem to have different strategies, and there isn’t necessarily one ‘correct’ answer. In the late 2020 oilseeds market, we are seeing highs that haven’t been experienced in years. And the prices just keep climbing. Those that sold weeks ago at what they thought were the highs,… Read More
We have a different kind of Pulse School episode for you — it’s market focused this time, instead of agronomy focused. The export destination of peas is shifting, and some of the patterns in pricing are changing too, which may mean opportunities for farmers when they go to market their pulse crops, especially yellow peas…. Read More
There are several downgrading factors in the pulse crop that farmers have no control over — snow or rain at harvest that causes sprouting and bleaching being perhaps the most common. Other factors, however, such as dirt tag, staining, and cracks can be managed to some degree through harvest management and gentle handling. For this… Read More
The pulse harvest in Alberta and Saskatchewan is in its late stages now, and although there are some anecdotal observations of better-than-expected quality, it’s not all ideal. “There is some sprouting, and there is a lot of earth tag,” says Chuck Penner, of Leftfield Commodity Research, adding the visual damage is worst for green lentil… Read More
Dry beans are not too common on the western plains but they do have a nice fit in certain areas. One of those areas is the Riverhurst irrigation district along Lake Diefenbaker in Saskatchewan. That’s where RealAgriculture field editor, Dale Leftwich, caught up with Riverhurst area farmer, Jeff Ewen for this episode of Pulse School…. Read More
All farmers are concerned about how markets have been adversely affected by tariff and fumigation restrictions placed on imports in to India. Peas are of special concern. Markets are certainly roiled, but some new buyers have stepped in to take up some of the slack. Marlene Boesch of Mercantile Consulting Ventures was at the recent… Read More
India’s government made no attempt to veil the reason for imposing tariffs on pulse crop imports in late 2017. “Cheap imports, if allowed unabated, are likely to adversely affect the interest of the farmers,” said a statement from the Indian government, announcing the 30 percent import duty on lentils and chickpeas in December. The tariffs on… Read More
India’s move to impose prohibitive import tariffs on peas, lentils and chickpeas has left a cloud of uncertainty hanging over the pulse market heading into the 2018 growing season. After back-to-back bumper crops domestically, India implemented a 50 percent tariff on pea imports in November, followed by a 30 percent tariff imposed on lentils and… Read More
When marketing your peas, lentils, or any other crop, it can be helpful to have a third-party assessment showing the grade, protein content and other attributes of what you’re selling. Every year the Canadian Grain Commission (CGC) looks for samples from farmers from across Canada as a part of its Harvest Sample Program. The program, which… Read More
With seeding just two months away, Canada’s pulse crop industry is in limbo, facing the threat of not having access to its largest export market as of the end of March. India’s government says it will not extend a derogation (or an exemption) allowing pulses from Canada to be fumigated with methyl bromide upon arrival, rather than… Read More
The wet weather during the 2016 growing season and harvest took a toll on lentil crop quality in Western Canada, but more than half the crop samples submitted to the Canadian Grain Commission’s harvest survey still fell in the top two grades. “For green lentils, we’re seeing 11.2 percent grading number one and 49.2 percent number… Read More
Food and ingredient companies like Nestle, General Mills and Cargill are looking to pulses to make their products more nutritious. “There’s a lot of pressure from the food industry, from consumers right now to make more healthfulness and nutrition in food products,” explains Heather Hill, project manager for pulse flour milling and food applications at… Read More