By Commodity News Service Canada
Winnipeg, June 26 – Dry winter weather is starting to take its toll on crops in Australia. Both southern Queensland and northern New South Wales badly need rain, according to a report by farmonline. The dry conditions come at a bad time; chickpea prices have fallen over the past month because interest in Australian pulses has softened. Industry-watchers say India is not as eager to buy right now due to recent imports and a better Indian harvest.
Nepal is ramping up its pulse imports. The Asian country is actually the world’s fifth largest producer of lentils, according to the Food and Agriculture Organization. However, it imported 16,800 tonnes of lentils and 27,000 tonnes of peas in the first 11 months of the fiscal year, according to a report in The Katmandu Post.
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…
Richlea number one lentil prices fell six cents last week, according to the latest information from the Prairie Ag Hotwire. Bids are now listed at 36 to 38 cents per pound.
Kabuli chickpeas (10mm) are holding steady at 69 to 70 cents per pound.
Yellow peas on the Prairies are locked in a range of C$7.00 to C$9.75 per bushel.
Pinto beans declined by one cent and are now listed at 36 cents per pound.