By Commodity News Service Canada
Winnipeg, Feb. 9 (CNS Canada) – Following are a few highlights in the Canadian and world pulse markets on Tuesday, February 9.
– Lentil production in Turkey is expected to see a slight increase in 2016, according to a report from the USDA’s Ankara desk. The local desk is forecasting a lentil crop of 360,000 tonnes in 2016, which would be up from the 350,000 tonnes grown the previous year.
– Farmers in Bangladesh are planting more lentils this year, according to officials with the country’s agriculture department, as rising prices encourage more acres to the pulse crop.
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– Green pea prices in the C$9.00 to C$9.75 per bushel range are being reported in Western Canada. Meanwhile, yellow peas are also strong, with bids as high as C$13.90 per bushel now reported in some locations. Red lentil bids as high as 54 cents per pound are being reported in some locations, while number two large green lentils are now hitting prices as high as 71 cents and number ones have topped 76 cents at some locations.
– Chickpea prices in Western Canada also remain strong, with large caliber Kabulis’s trading as high as 46 cents per pound.