Peas & Production Tips

(Screengrab from Merit Functional Foods video via YouTube)

Plant protein processor Merit Foods in receivership

Company owes $95 million to EDC, FCC

By Dave Bedard, GFM Network News March 2, 2023

The company behind a new Prairie processing plant extracting plant-based proteins from peas and canola has landed in receivership, in the high eight figures’ debt to its secured lenders. PricewaterhouseCoopers (PwC) on Wednesday announced it’s the receiver for both Merit Functional Foods Corp. and the numbered company that owns Merit’s processing plant and property in […] Read more

File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)

Crops, Markets, Peas

Pulse weekly outlook: Peas seeing good Prairie movement

By Phil Franz-Warkentin, GFM Network News March 1, 2023

MarketsFarm — Peas are seeing good movement in Western Canada ahead of spring, although prices have held steady over the past month. “The yellow pea market has some life again,” said Allan Johnston of Johnston’s Grain at Wellwyn, Sask. He added there were also a few companies chasing after some coverage for green peas with […] Read more

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

Crops, Markets, Peas

Pulse weekly outlook: New Year’s pressure drags on North Dakota peas

Pea prices relatively higher north of border

By GFM Network News January 17, 2023

MarketsFarm — Pea prices in North Dakota have been feeling pressure from the New Year, according to Landon Lechler of Beach Co-operative at Beach, N.D., about 360 km south of Weyburn, Sask. Besides the turning of the calendar New Year, Lechler said the upcoming Chinese New Year has slowed export demand for yellow and green […] Read more

Crops, Markets, Peas

Pulse weekly outlook: Pea prices hold steady in weak market

Values expected to soften in new year

By GFM Network News December 14, 2022

MarketsFarm — Prices for green and yellow peas in Western Canada have remained quite steady over the last week, largely due to the lack of demand, according to Darwin Hamilton of Kalshea Commodities in Winnipeg. “North American peas are more expensive than the peas coming out of Eastern Europe. A lot of that product is […] Read more

Crops, Markets, Peas

Pulse weekly outlook: Yellow peas under pressure from large volumes

By Phil Franz-Warkentin, GFM Network News November 29, 2022

MarketsFarm — Large volumes of yellow peas being delivered into commercial hands have put some pressure on values, although prices remain reasonably solid. Green and maple pea bids are stronger, but movement is more limited in those markets. End users were active buyers of yellow peas in recent months, but many are now filled up […] Read more

Crops, Markets, Peas

Pulse weekly outlook: AAFC revises dry pea projections

By GFM Network News November 23, 2022

MarketsFarm — Among the changes Agriculture and Agri-Food Canada (AAFC) made in its November supply and demand report, issued Friday, the most notable were among the dry peas. The revisions that stood out the most were 2022-23 dry pea exports being cut by 200,000 tonnes at 2.5 million, while domestic usage was bumped up 50,000 […] Read more

Markets, Peas

Green peas regain premium over yellows

By GFM Network News November 1, 2022

MarketsFarm – Solid demand and tighter supplies have seen green pea bids regain a premium over yellow peas in Western Canada, although the market for both varieties remains solid overall. Green peas historically trade at premium to yellow peas due to higher quality specs and concerns over bleaching, but increased domestic demand for yellow peas […] Read more

Crops, Peas, Pulses, Weather

Pulse weekly outlook: Manitoba’s dry beans, peas show strong yields

By GFM Network News October 18, 2022

MarketsFarm — With the return of typical temperatures and healthy amounts of precipitation throughout the growing season, Manitoba had successful pea and dry bean crops during the 2022-23 marketing year, according to the province’s pulse specialist. Dennis Lange of Manitoba Agriculture said both crops showed high yields from their respective harvests. The Manitoba pea harvest […] Read more

Crops, Lentils, Markets, Peas

Pulse weekly outlook: Canada’s pea, lentil exports to rise while prices fall

By Phil Franz-Warkentin, GFM Network News September 28, 2022

MarketsFarm — Canadian pea and lentil exports should see considerable increases during the 2022-23 marketing year after drought cut into available supplies in 2021-22, according to the latest supply/demand production from Agriculture and Agri-Food Canada (AAFC). However, total movement may still come in well below five-year averages. Canadian pea exports are forecast at 2.7 million […] Read more

File photo of black beans. (Nhattienphoto/iStock/Getty Images)

Crops, Peas, Pulses, Weather

Pulse weekly outlook: Manitoba peas, dry beans showing good results

Early harvests show some 'exceptional' bean yields

By GFM Network News September 21, 2022

MarketsFarm — Harvests of Manitoba’s two major pulse crops are already seeing high yields, according to Manitoba Pulse and Soybean Growers (MPSG) executive director Daryl Domitruk. Despite a wide range of results across the province, Domitruk added that dry field pea yields were respectable in many places and excellent in others, marking a successful harvest […] Read more

GFM Network News

U.S. grains: Soybeans tick up as market weighs crops, U.S.-China ties

Pulse Weekly: Good yields for Manitoba peas, beans

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Peas

Plant protein processor Merit Foods in receivership

Pulse weekly outlook: Peas seeing good Prairie movement

Pulse weekly outlook: New Year’s pressure drags on North Dakota peas

Pulse weekly outlook: Pea prices hold steady in weak market

Pulse weekly outlook: Yellow peas under pressure from large volumes

Pulse weekly outlook: AAFC revises dry pea projections

Green peas regain premium over yellows

Pulse weekly outlook: Manitoba’s dry beans, peas show strong yields

Pulse weekly outlook: Canada’s pea, lentil exports to rise while prices fall

Pulse weekly outlook: Manitoba peas, dry beans showing good results

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