By Dave Sims, Commodity News Service Canada
Winnipeg, April 28 – Following are a few highlights in the Canadian and world pulse markets on Thursday, April 28.
– The USDA is on the prowl for 7.4 million cans of various dried beans. The pulses are needed for the national School Lunch Program and other nutritional endeavours. Offers are due by May 6.
– 10,000 tonnes of new pulse stocks are winding their way through India this week after the government decided to release them from its buffer stock. According to a report in the Business Standard, India is conducting more tax raids on traders in certain areas to try and keep local pulse prices from rising any higher. They also have given permission to local state governments to impose stocks limits and increase the margin on chickpea futures.
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– Scientists in Kazakhstan say they’re hopeful a new variety of lentil (red) seed will enable future crops in the country to resist drought better, according to a story on http://kazakh-tv.kz.
– Pinto beans are attracting prices between 23 to 32 cents (Canadian) per pound at elevators across Western Canada. The same beans are going for 28 to 30 cents (Canadian) per pound in North Dakota and 30 cents (Canadian) per pound in Washington and Idaho, according to the Prairie Ag Hotwire.
