By Dave Sims, Commodity News Service Canada
Winnipeg, May 26 – Following are a few highlights in the Canadian and world pulse markets on Thursday, May 26.
– Prices for green peas and beans in Chennai, India have shot through the roof, according to a report in The Times of India. Many shoppers have reportedly been sighted grabbing bags of the pulses, only to quickly put them back after they see the price.
Some peas and beans were going for 190 rupees per kilogram which is beyond the reach of most workers, the report said.
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– The ratio of lentil imports and exports in Pakistan is growing wider. According to a report in The Nation, only 10,000 tonnes of lentils were produced in the country versus a requirement of 90,000 tonnes. Poor weather, an inadequate harvest and hoarding by middlemen have also led to high prices.
– Mason County, Illinois looks to be on the path to producing more good crops this year. According to the USDA, Mason County is the top producer of green beans in the US with just under 4,000 acres. The county comprises 46 percent of Illinois’ green beans and 10.4 percent of the peas.
– An official with the International Center for Agricultural Research in the Dry Areas told delegates at a pulse conference in Italy about a recent project in Sri Lanka. Children were apparently fed iron-rich lentils for 60 days which led to marked improvements in their blood-profiles, according to Mahmoud Solh. He added pulses could give nitrogen to soils, with dry beans offering up to 70 kilograms per hectare, according to the report in FnBnews.com.
– Laird #1 lentils are attracting prices of 69-76 cents (Canadian) per pound at elevators across Western Canada, according to the Prairie Ag Hotwire.
