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Pulses: Early Australian chickpeas look good

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Published: October 7, 2016

By Commodity News Service Canada

Winnipeg, Oct. 7 (CNS Canada) – Following are a few highlights in the Canadian and world pulse markets on Friday, October 7.

– Early harvested chickpeas in Australia are beating expectations, with parts of Queensland reporting chickpea yields of 2.5 tonnes per hectare. That compares with the official government estimate of 1.56 tonnes per hectare. However, many analysts were doubtful the large yields will persist, especially as New South Wales has seen weather and disease concerns. Pulse Australia lowered its estimate on the size of the country’s crop to 1.28 million tonnes, a 440,000 tonne drop from an earlier projection.

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– Canada exported 151,000 tonnes of peas during the week ended October 2, according to the latest Canadian Grain Commission report. Weekly lentil exports came in at 66,800 tonnes.

– Number 2 Laird lentils are currently topping out at about 51 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$6.50 to as high as C$7.50 per bushel in Western Canada. Yellow peas range from C$6.00 to C$7.50 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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