By Dave Sims, Commodity News Service Canada
Winnipeg, September 27 – Following are a few highlights in the Canadian and world pulse markets on Tuesday, September 27.
– According to the Manitoba government’s latest crop report, navy beans yields are hanging in the 2,000lb per acre range in the centre-south area. Yields are estimated to be 200 to 300 lbs/acre lower than average provincially, and 400 lbs/acre lower than average in some spots near the US border due to excess moisture issues.
– India’s pulse production in 2016/17 could hit 21 million tonnes, according to a report in The Hindu. Last year the country produced just 17 million tonnes.
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– According to a report in The Land, demand from India for Australian chickpeas may cool down slightly after November. The report says favourable monsoons in India have bolstered the outlook for planting. As well, merchants in India may not need as many supplies by January as the first of the country’s harvest should be completed by early February.
– Drought has claimed a significant number of fava bean crops near Sudbury, Massachusetts, according to a report in The Star Advertiser. One official said the summer was essentially three months with no rain. The valley area has typically been known for its rich soil.
– Pinto beans are currently attracting prices of 39 cents (Canadian) per pound at elevators across Western Canada, according to the Prairie Ag Hotwire. The same beans are going for 39 cents per pound (Canadian) in North Dakota, Colorado and Washington/Idaho.