By Dave Sims, Commodity News Service Canada
Winnipeg, June 24 – Following are a few highlights in the Canadian and world pulse markets on Friday, June 24.
– According to Thompsons, Canada’s dry bean crop is too wet in the west and too dry in the east.
– The Australian Bureau of Agriculture is forecasting a jump in fababeans and field pea plantings in the 2016/17 season, according to a report in The Weekly Times. As well, the bureau pegged chickpea acreage at 717,000 hectares and lentils at 253,000 hectares.
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– India has sent a delegation to Mozambique to complete a deal regarding the regular production and import of pulse crops, according to a report in The Asian Age. India’s production is around 18 million tonnes while the demand is closer to 23 million tonnes, prompting the move.
– The University of Saskatchewan’s Crop Development Centre has received C$23 million for research into pulse crop breeding. The money comes from the Saskatchewan Pulse Growers and will roll out over a long-term basis.
– Navy beans are attracting prices of 33 cents (Canadian) per pound at elevators across Western Canada. In North Dakota, farmers are getting prices of 29 to 31 cents (Canadian) per pound, according to the Prairie Ag Hotwire.
