By Commodity News Service Canada
Winnipeg, Feb. 26 (CNS Canada) – Following are a few highlights in the Canadian and world pulse markets on Friday, February 26.
– Farmers in North Dakota may be jumping on the lentil bandwagon this spring, with the pulse being touted as one of the best cash crop options in the state. North Dakota farmers seeded 160,000 acres of lentils in 2015.
– In Alberta, faba beans may warrant more interest this year, especially among growers dealing with wetter fields, said Greg Stamp of Stamp Seeds in a release from the provincial agriculture department.
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– Canadian pea and lentil exports are slowing down, with only 10,200 tonnes of peas and 600 tonnes of lentils moved during the week ended February 21, according to the latest report from the Canadian Grain Commission. However, the overall export pace to date remains well ahead of the previous year’s level for both crops.
– Green pea prices in the C$8.50 to C$9.50 per bushel range are being reported in Western Canada. Meanwhile, yellow peas remain strong, with bids as high as C$14.50 per bushel reported in some locations. Red lentil bids as high as 54 cents per pound are being reported in some locations, while number two large green lentils are now hitting prices as high as 71 cents and number ones have topped 76 cents at some locations.
– Chickpea prices in Western Canada also remain strong, with large caliber Kabulis’s trading as high as 46 cents per pound.
