By Commodity News Service Canada
Winnipeg, March 24 (CNS Canada) – Chickpea prices in Australia continue to strengthen, despite farmers in the country growing a record large two million tonne crop. Solid demand from India was said to be providing support.
Canadian pulse traders continue to follow news out of India closely, with still no definitive word on whether or not the country will extend its deadline for imposing stricter fumigation requirements.
Top end large green lentil bids in Western Canada have trended lower in recent weeks, with number 2 Lairds currently topping out at about 48 cents per pound, according to Prairie Ag Hotwire data. New crop bids, meanwhile, are lower still at about 32 to 35 cents per pound.
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Red lentil bids range from about 20 to 26 cents per pound, with new crop prices topping out at 23 cents.
Green pea bids range from rom C$7.65 to C$8.50 per bushel in Western Canada. Yellow peas range from C$7.00 to C$8.75 per bushel, according to Prairie Ag Hotwire.
Large calibre (10mm) kabuli chickpeas are currently seeing prices top out at 51 cents per pound in Western Canada, which is up four cents over the past week as supplies of the good quality chickpeas become nearly non-existent.
