By Dave Sims, Commodity News Service Canada
Winnipeg, September 26 – Following are a few highlights in the Canadian and world pulse markets on Monday, September 26.
– According to the Hindu Business Line, India plans to lobby Brazil, China and South Africa to help top up the country’s deficit in pulse crops. Some of the ideas being tossed about by India’s Agriculture Minister Radha Mohan Singh, include contract farming and leasing surplus lands.
– Fava bean acreage is slowly growing on Prince Edward Island according to a report by the CBC. The president and CEO of W.A. Grain and Pulse Solutions, one of Canada’s biggest exporters of pulses has been working with government researchers to introduce the crop to the island. Just a few acres were planted in 2016 but the hope is that will stretch to a few thousand acres in 2017, according to the report.
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– Rising tensions between India and Pakistan could affect trade between the two countries at some point, according to a report by the Deccan Chronicle. In 2015/16 trade between the two countries was estimated at US$2.61 billion, with India exporting $2.17 billion while importing $441 million. Chickpeas are one of the top exports flowing to Pakistan from India. Tensions were raised a few weeks back when 18 Indian soldiers were gunned to death by suspected Pakistani militants.
– Navy beans are currently attracting prices of 40 cents (Canadian) per pound at elevators across Western Canada, according to the Prairie Ag Hotwire. The same beans are going for 35 cents per pound (Canadian) in North Dakota.
