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Chuck Penner of LeftField Commodity Research says pulse and grain prices are weak because of heavy supplies in Western Canada and larger crops in Australia and Russia. China's removal of its 10% import tariff on peas from March offers some support.
Global pulse oversupply keeps values depressed, and the Chinese tariff cut may lift export demand for Canadian peas if volumes follow.
discoverhumboldt.comFeb 5, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
