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Pulses: Brazil looking for edible beans

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Published: October 4, 2016

By Commodity News Service Canada

Winnipeg, Oct. 4 (CNS Canada) – Following are a few highlights in the Canadian and world pulse markets on Monday, October 4.

– Brazil is looking for edible beans, as the country’s foreign trade department is extending exemptions on import taxes for three months. Import taxes on corn will also be at zero for three months.

– India’s Commission for Agricultural Costs and Prices (CACP) is recommending an increase in minimal support prices for pulses grown during the upcoming rabi season. Planting for the rabi season typically begins in November, with new crop supplies becoming available in April.

– Number 2 Laird lentils are currently topping out at about 48 cents per pound in Western Canada, according to Prairie Ag Hotwire data. Red lentils are bid at up to 30 cents per pound.

– Green pea prices range from C$6.80 to as high as C$7.50 per bushel in Western Canada. Yellow peas range from C$6.00 to C$7.41 per bushel.

– Large calibre (10mm) kabuli chickpeas are currently seeing prices top out at 53 cents per pound in Western Canada.

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