Competition likely to suppress pulse acres in Canada

Published 2021년 11월 27일

Tridge summary

Canada is projected to see a decrease in pulse acres in 2022 due to high fertilizer costs and the allure of high-value crops like canola and durum. Stat Publishing forecasts a six percent decline in lentils and a two percent decrease in peas. Red lentil plantings are expected to see a significant reduction, while green pea plantings may also decline due to Canada's high prices compared to the rest of the world and market access issues. Despite these challenges, there is anticipated demand for chickpeas, with expectations for a significant increase in acres. Analysts' acreage estimates for 2022 are influenced by factors such as crop prices, fertilizer prices, and conditions under dry conditions.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Pulse acres will drop in 2022 despite sky-high fertilizer costs, according to one of Canada’s leading analysts. Stat Publishing is forecasting 4.06 million acres of lentils, a six percent decline from this year and 3.74 million acres of peas, down two percent. Stat editor Brian Clancey can’t justify penciling in an increase in plantings of either crop given the prices of competing crops. “Look at canola right now. Today you can get over $1,000 per tonne for canola. I think that’s unprecedented,” he said. “Explain to me why someone would not want to seed canola.” It is a similar story for oats and durum. There are a limited number of arable acres in Western Canada and if farmers increase plantings of those crops they have to reduce acreage of others. Rather than planting more pulses to cut back on fertilizer costs he thinks farmers may use the reserve nitrogen in fields that were seeded to pulses last year to grow canola and other high value crops. Stat believes red lentil area ...

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