By Dave Sims, Commodity News Service Canada
Winnipeg, June 21 – Following are a few highlights in the Canadian and world pulse markets on Tuesday, June 21.
– A prominent politician in Pakistan is urging residents to eat chicken if they find lentils too expensive. During the recent National Assembly, Federal Finance Minister Ishaq Dar noted chicken was available for 200 rupees per kilogram in some places while lentil mash could be as pricey as 260 rupees per kilogram.
– Pakistan is turning to Myanmar and other African countries in a bid to secure more pulses and stabilize prices. Chickpeas and other crops have surged in price at the local level, prompting the government to take action. It plans to increase the buffer stock for pulses to 800,000 tonnes, against an initial target of 150,000 tonnes, according to a report in The Statesman.
Read Also
Pulses: Frost damage reported in Victoria
By Dave Sims, Commodity News Service Canada Winnipeg, January 19 (CNS) – The USDA has raised its production estimates for…
– An official in India is refuting reports that hoarding of supplies by merchants in the country has pushed pulse prices higher. In an interview with The India Times, Bimal Kothari, the vice-chairman of the country’s Pulse Association said it would be extremely difficult to hoard under the close surveillance place on members. He attributes the problem to weaker supply fundamentals.
– Yellow peas are attracting prices of C$8.95 to $10.00 per bushel at elevators across Western Canada. In North Dakota, farmers are getting prices of C$9.00 to $10.94 per bushel while growers in Washington/Idaho are getting C$9.27 to $10.04, according to the Prairie Ag Hotwire.
