SASKATOON — Canada’s top competitor in the red lentil export market is experiencing problems. AgPulse Analytica is reporting that the crop is in trouble in two key states of Australia — South Australia and Victoria. Related stories: Pulse Weekly: Lentil prices poised for drop, depends on India Canada takes reins after poor Aussie lentil crop […] Read more
Tag Archives Chuck Penner
Small crop traders worry about Statistics Canada data
Analysts blame consistent problems with production and export numbers on insufficient resources at the federal agency
Numbers matter in the special crops world — a lot. That was clear at the Canadian Pulse and Special Crops Conference, in which longstanding unhappiness with Statistics Canada’s data on a number of crops kept bubbling to the surface. “I’ve never agreed with StatsCan carry-over numbers on the small crops,” said Kevin Dick, president of […] Read more
Competition grows tougher for pulse exporters
International buyers turned to new suppliers during recent drought years, and it will be difficult to get the business back
Buyers from around the world were in Winnipeg last week for the Canadian Pulse and Special Crops Trade Convention. However, the sobering news for Canadian farmers, marketers and processors was that those buyers don’t always have to rely on Canada these days. “For a number of crops, like durum, like flax, Canadian isn’t the … […] Read more
China’s canola threat similar to Aussie barley experience
The big difference is that China is more reliant on Canadian canola than it was on barley shipments from Australia
SASKATOON — Canada’s canola growers could learn something from Australia’s barley farmers when it comes to the latest potential trade barrier with China. China’s Ministry of Commerce announced Sept. 3 that it is initiating an anti-dumping investigation into canola seed imports from Canada. Related stories: The case is reminiscent of Nov. 19, 2018, when China […] Read more
‘It feels like a different game’
SASKATOON — Mike Jubinville spent a portion of his weekend poring over his canola supply and demand balance sheet. “To be honest with you, I was starting to feel pretty optimistic about canola,” he said. Related stories: The numbers indicated there would be extended periods of 2024-25 where the market would need to ration supplies, […] Read more
Where will China buy canola?
SASKATOON — China’s canola crushers could face significant hardships if the country slaps tariffs on Canadian exports, say analysts. MarketsFarm analyst Mike Jubinville wonders where the Asian giant will get the canola it needs to fuel its vast crush sector. Related stories: Australia is the world’s second largest exporter of the commodity behind Canada. However, […] Read more
Analyst confident canola can weather anti-dumping storm
SASKATOON — Canada is well equipped to handle the latest canola dispute with China, says an analyst. For one thing, the industry has become far less export dependent the last couple of years, said Chuck Penner, analyst with LeftField Commodity Research. Related stories: He is forecasting that crushers will process 11 to 12 million tonnes […] Read more
Major pulse competitor may face trouble with pea crop
While dry conditions worry Russia's pea growers, the country prepares to become a major threat in global lentil markets
SASKATOON — There are some early-season problems with Russia’s yellow pea crop, according to analysts. “Because of frost and low precipitation in southern regions, conditions are far from brilliant,” Sergey Pluzhnikov, chief executive officer of Russian Pulses Analytics, said in a text message. Related stories: There are also problems in Siberia. Chickpeas and lentils have […] Read more
India extends pea duty exemption to end of October
Analysts uncertain as to whether the move was announced early enough to affect Canadian producers' seeding plans
SASKATOON — India has extended the elimination of its import duty on yellow peas through the end of October. Exporters can now load yellow peas until Oct. 31 instead of June 30, which means some of Canada’s new crop peas can now move to that market duty-free. Related stories: AgPulse Analytica analyst Gaurav Jain said […] Read more
International pressures challenge pulse growers
Producers urged to pay closer attention to the rest of the world because their global market clout is not what it once was
Canada is losing its impact on global pulse markets, producers attending a Saskatchewan Pulse Growers meeting in Humboldt, Sask., late last month were told. Chuck Penner, president of LeftField Commodity Research, said farmers must pay more attention to the rest of the world. “We are kind of past the stage now where Canada is the […] Read more
