By Commodity News Service Canada
Winnipeg, Dec. 14 – Following are a few highlights in the Canadian and world pulse markets on Monday, December 14.
– Shortages and resulting high local prices in India remain at the forefront of the global pulse market. Food price inflation in India doubled to 5.2% on an annual basis in November, due to rises in pulses, onions, and vegetables, according to a report from ICRA, India’s credit rating agency.
– Rising food prices are also being reported in neighbouring Nepal, where the situation has been exaggerated by a blockade in place between the landlocked country and India since September.
Read Also
Pulses: Frost damage reported in Victoria
By Dave Sims, Commodity News Service Canada Winnipeg, January 19 (CNS) – The USDA has raised its production estimates for…
– Canada has exported 1.279 million tonnes of peas during the crop-year-to-date as of December 6, which was up slightly from the level seen the previous year, according to updated data from the Canadian Grain Commission. Lentil exports are running well ahead of the year ago level, with 436,800 tonnes exported to date, which compares with 280,700 tonnes at the same point in 2014.
– Green pea prices in the C$8.00 to C$8.75 per bushel range are being reported in Western Canada. Meanwhile, yellow peas are still firm, with bids as high as C$10.50 per bushel found in some locations. Red lentil bids as high as 55 cents per pound are being reported in some locations, while number 2 large green lentils are now hitting prices as high as 60 cents.
