By Commodity News Service Canada
Winnipeg, Dec. 10 – Following are a few highlights in the
Canadian and world pulse markets on Thursday, December 10.
– A recent rally of pulse prices in India appears to be levelling off. Reports out of the country say new crop arrivals have dragged tur prices significantly lower in the past few days which many are treating as a sign the recent surge in prices has ended. Meanwhile, the Indian government has announced it will create a 1.5 million tonnes buffer stock of pulses to help soften future spikes in price.
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– Farmers in Sierra Leone have begun using hermetically sealed, triple layered plastic bags to store black-eyed peas. The bags were created at Purdue University and allow growers to keep beans fresh months after harvest when prices typically increase, according to a report in Farmers Advance. Before the bags arrived, farmers often had to sell their crops quickly or use pesticides.
– The monitoring agency APK reports that from November 30 to December 6, Russian pea exports totalled just 6,000 tonnes. That is down significantly from just over a month ago, when peas exports totalled 85,000 tonnes (week ended October 26 to November 1).
– Navy beans in the 21-29 cents per pound range are being reported in Western Canada, by the Prairie Ag Hotwire. Meanwhile, Navy beans in North Dakota are going for 19 to 29 US cents per pound.
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