Currency - this week - CAD moved up and down between $1.01 and $1.03 US

Yellow Peas – Price continues to climb on news that acres are going to be down this year over last. In the last 3 weeks the prices have moved almost $1.50/bu. New crop prices are also very attractive right now. Walker Seeds is offering act of God on the first 10 bu/acre on production contracts for most commodities.

Green Peas – We haven’t seen the steady increase in prices as we have in yellow. However, green pea prices have strengthened as demand starts to perk up a bit. Acres are expected to be down as well this year. If growers are needing to empty bins for harvest now is the time to price some bushels to ensure earliest possible movement.

Red Lentils – Prices have increased slightly in recent weeks. Intended acres are supposed to be down 33% from last year, but the fact that we have about a year’s worth of production in the bid will hold prices from making any big moves up. The majority of product left in the bin is #3 and feed grade, so if there are chances to move this product growers are encouraged to do so this crop year. If we get a normal quality harvest this fall the poorer quality old crop lentil demand is sure to decrease.

Laird Lentils – Demand for green lentils has increased and prices has been staying firm. Looks like intended seeded acres are only slightly down from last year at 9%. Right now Walker Seeds is currently looking to buy #2 grade. Growers who are looking to move product before harvest should start pricing over the next few weeks. As new crop approaches, our buying customers will start to favor buying new crop as opposed to old.

Eston Lentils – Some demand was seen last week for #2 product. Eston movement has been slow in recent months. Looks like seeded acres are predicted to be up slightly this year.

Richlea Lentils – Walker Seeds is bidding Richleas again, but only for limited tonnage. Demand seems to remain slow and price remains flat.

Kabuli Chickpeas – Some farm inventories are starting to come out of the wood work. Buyers are purchasing poor grade, but only upon offers from the grower.

Desi Chickpeas – Very little Desi product left. Like Kabuli’s, growers are encouraged to call Walker Seeds and make an offer as we then can offer to potential end use buyers. This is the way chickpeas will be traded for the remainder of the summer until new crop quality and quantity is known

Canaryseed – Price has strengthened this week as demand is starting to perk up again. Intended acres are predicted to be down this year from last, but yields are predicted to be quite a bit higher as yields were lower last year do to excessive moisture delaying maturity and some canaryseed fields being touched by frost. Strength in price going forward will be determined by demand.

Flaxseed – Prices have come up in recent months as more buyers are looking for #1 quality product. The floods in the south eastern flax growing areas also have caused some concern in the market as to the number of acres that will be harvestable this fall. The intended seeded acre report shows an increase in flax acres, but we have to assume that the water will decrease that number.

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