By Dave Sims, Commodity News Service Canada
Winnipeg, March 16 – Following are a few highlights in the Canadian and world pulse markets on Wednesday, March 16.
– Officials in India continue to inspect the toll heavy rains and hail-storms did to crops in north and central parts of the country over the weekend. While grain and chickpea crops bore the brunt of the damage, officials say extensive damage was also done to many pea crops as well. Representatives of the affected areas are calling on the government for assistance, according to the Hindustan Times.
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– The USDA has issued a tender for 15,200 tonnes of split yellow peas for use by its food aid program.
– Pakistan’s Utility Stores Corporation has reportedly increased its price for several types of pulses, bringing prices in line with the open market. According to a report in The Nation lentils in particular are becoming tougher to find due to the high demand in neighboring India.
– Black beans are drawing prices of 22 cents (CDN) per pound at elevators across the Canadian Prairies. Those same beans are getting prices of 32 cents (CDN) per pound in Michigan and 29 cents (CDN) per pound in North Dakota, according to Prairie Ag Hotwire.