By Commodity News Service Canada
Winnipeg, Dec. 15 – Following are a few highlights in the Canadian and world pulse markets on Tuesday, December 15.
– Shortages and resulting high local prices in India remain at the forefront of the global pulse market, but the latest reports out of the country show that some wholesale prices were starting to decline as government measures to ease the situation have helped.
– Channa (chickpea) futures in India have come under pressure as well, as the country is extending zero import duties on the commodity until September 2016 and demand in the spot market slows down.
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– 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 moving higher, with bids as high as C$11.25 per bushel now reported in some locations. Red lentil bids as high as 57 cents per pound are being reported in some locations, while number 2 large green lentils are now hitting prices as high as 62 cents – which were both up by a couple cents over the past week.
– Chickpea prices in Western Canada also continue to trend higher, with large caliber Kabulis’s trading as high as 46 cents per pound.
