SASKATOON — Chuck Penner does not think yellow and oriental mustard will experience their usual spring rallies this year. The best-case scenario would be flat prices, but they could easily “leak lower” like brown mustard prices tend to do starting in January. The early outlook for 2024-25 is not good either because of what he […] Read more
Tag Archives Chuck Penner
Large supply likely to pressure mustard prices
A second big harvest in a row created a large carryout from the 2023-24 crop, while export program has been lackluster
Pulse sector unfazed as lentil ban demanded in India
Pulse Canada remains “hopeful and optimistic” about lentil trade with India despite political tension between the two countries. India’s Chamber of Trade and Industry (CTI) recently sent a letter to India’s minister of commerce and industry, Shri Piyush Goyal, urging him to ban the import of lentils from Canada. The letter was sent in response […] Read more
Scoular expands flax plant
A major U.S. grain company has expanded its flax-processing presence in Saskatchewan. Scoular has installed high-speed processing equipment and expanded storage capacity at its plant in Richardson, Sask., near Regina. The company initially opened the flax plant in January 2022. It was the first new flax facility in Western Canada in nearly 10 years. Scoular […] Read more
Average pulse yields expected to fall this year
The first Canadian pea and lentil yield estimates are out, and they are not encouraging. Chuck Penner, analyst with LeftField Commodity Research, provided his initial forecast in a July 31 article he wrote for Alberta Pulse Growers’ Pulse Market Insight publication. He based his estimates on crop ratings provided by Alberta Agriculture and Saskatchewan Agriculture […] Read more
