Canada exports to only two major destinations — the U.S. and Egypt — and shipments to both markets have plummeted
SASKATOON — Canada’s fababean acres were well off their peak this year. Growers planted 81,100 acres of the pulse crop, falling well short of the 121,000 acres sown in 2021, according to Statistics Canada. Related stories: “One major change that has taken place is that Alberta has overtaken Saskatchewan as the province with the highest […] Read morePulses
Sask. company plans feed business expansion
O&T Farms is taking Oleet Processing to another level as it doubles manufacturing capacity at its plant near Regina
REGINA — Oleet Processing has announced it will double the capacity of its plant northwest of Regina. The $10 million expansion is expected to be complete in 2026. Oleet is an O&T Farms company, which was established in 1967 and well known for its egg and broiler operations. The company sold its quota in the […] Read more
India’s food balancing act provides opportunities
Exporters work within government’s efforts to keep crop prices high enough for farmers but low enough for consumers
Despite India’s hopes of becoming self-sufficient in food and crop production, a leader of a powerful farm group in that country recently told the Canadian pulse and special crops sector that Canada can play an important role in the giant nation’s needs. “There are lots of opportunities where Pulse Canada and (the National Agricultural Cooperative […] Read more
Canada takes reins after poor Aussie lentil crop
Drought should bode well for prices but haven't due to India's large stocks and good crops in Canada and Russia
SASKATOON — Canada is back in the driver’s seat in the red lentil market, according to pulse industry executives. It has managed to wrestle the steering wheel back from Australia after spending two years in the back seat. Related stories: “Australia was your price-maker and Canada your price-taker,” Mostyn Gregg, vice-president of grains and pulses […] Read more
Pulse ingredients boom, but competition looms
Industry official wonders if the expansion of pulse processing that has been seen in Western Canada is outpacing demand
WINNIPEG — Every year, food companies in the United States, the United Kingdom, Europe and Asia launch thousands of new products. Peas, lentils, pea protein and chickpea flour made from pulse crops grown in Western Canada are becoming common ingredients in those novel foods. In 2023, for instance, more than 1,200 products from around the […] Read more
Red lentil crops might be getting smaller
There could be upside in red lentil markets, says an analyst. “I can see more of the bullish factors rather than the bearish news,” AgPulse Analytica analyst Gaurav Jain said at the Global Pulse Confederation’s (GPC’s) recent Macau Pulses Congress. Related stories: The market has already factored in big crops from Canada and Australia, so […] Read more
VIDEO: Pulse, special crops conference dodges roadblocks
It hasn’t officially started, but the Canadian Pulse and Special Crops Trade Association annual conference has already survived more drama than most commodity industries have seen in ages. Just last week it looked likely that the conference would either be crippled or its attendees stranded by a labour breakdown at Air Canada, but just a […] Read more
Growers welcome extended pea duty exemption
SASKATOON — India is extending its exemption on yellow pea import duties for another two months. “This is an important bit of good news for the industry,” said Pulse Canada president Greg Cherewyk. Related stories: “Certainly, at this point of the year it’s incredibly important.” The exemption has been extended to Dec. 31, 2024, from […] Read more
Producers await India’s decision on pea import duty
Prices are expected to remain stable if an exemption is extended this fall but drop if the government re-instates the duty
SASKATOON — The yellow pea market hinges on a looming policy decision in India, says an industry official. If India extends its exemption on pea import duties past the current Oct. 31, 2024, expiry date, it will spark another round of demand from that country, Rav Kapoor, chief executive officer of ETG Commodities Inc., said […] Read more
Red, green lentils take different paths
A large global supply is expected to pressure red lentil prices, while demand for green lentils will likely remain strong
SASKATOON — Lentil markets will be a tale of two colours this year, according to industry officials. The red lentil outlook is decidedly bearish. Related stories: “We haven’t seen this kind of a red lentil supply glut in almost five years,” Rav Kapoor, chief executive officer of ETG Commodities Inc., said during a recent Global […] Read more
