By Commodity News Service Canada
Winnipeg, March 9 (CNS Canada) – Canadian lentil bids remain under pressure, as the industry faces uncertain demand from India going forward.
Canada’s agriculture minister Lawrence MacAulay is on a trade mission to India this week, with looming changes to India’s fumigation rules that could cut into Canadian pulse business expected to be a key topic of discussion.
Top end bids for number 2 Laird lentils dropped by eight cents per pound in recent days, currently topping out at about 48 cents per pound in Western Canada, according to Prairie Ag Hotwire data. New crop bids, meanwhile, are lower still at about 32 to 36 cents per pound.
Pea bids are also declining, with green pea prices losing 50 cents at the top end to range from C$7.65 to as high as C$8.50 per bushel in Western Canada. Yellow peas range from C$7.00 to C$8.75 per bushel.
Large calibre (10mm) kabuli chickpeas are currently seeing prices top out at 47 cents per pound in Western Canada.
