By Commodity News Service Canada
Winnipeg, June 7 (CNS Canada) – India raised its minimum support prices (MSP) for fourteen kharif season crops, including pulses, in an attempt to help farmers in the country ahead of seeding, according to reports.
However, the move was not officially announced, as a protest by farmers in Madhya Pradesh region of the country over crop loans saw at least five farmers killed, according to reports.
Top end large green lentil bids are holding relatively firm in Western Canada, with number 2 Lairds currently topping out at about 48 cents per pound, according to Prairie Ag Hotwire data. New crop bids, meanwhile, range from about 31 to 39 cents per pound.
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Red lentil bids range from about 23 to 27 cents per pound, with new crop prices also topping out at 25 cents.
Top-end green pea bids range from C$8.00 to C$8.75 per bushel in Western Canada, while yellow peas range from C$7.98 to C$9.75 per bushel.
Large calibre (10mm) kabuli chickpeas are currently seeing prices as high as 70 cents per pound in some cases, although a lack of supplies may limit any actual movement.
