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Pulses: Indian pea farmers welcome rain

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Published: July 13, 2016

By Dave Sims, Commodity News Service Canada

Winnipeg, July 13 – Following are a few highlights in the Canadian and world pulse markets on Wednesday, July 13.

– Pea farmers in India are hoping this year’s monsoon season replenishes the water table for crops in the country. At the beginning of June, the volume of water in the country’s major reservoirs was low enough to cause concerns for crops yields, according to a report in freshplaza.com.

– Recent rains in Australia’s New South Wales region have raised hopes for this year’s chickpea crop in the area. Farmers in the northwest corner of the state were plagued by dry conditions as recently as six weeks ago, according to a report by the country’s national broadcaster.

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– India is looking to sign an agreement with Myanmar that would allow for the growing and exporting of pulse crops. A shortfall in domestic production has prompted India to turn to other countries to help it meet its citizens’ demand. India has already secured one deal with Mozambique and is closing in on another one with Tanzania. A report in the Financial Express says government officials are also talking to Malawi about the problem too.

– Pink beans are attracting prices of 33 cents (Canadian) per pound at elevators across Western Canada, according to the Prairie Ag Hotwire.

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