By Dave Sims, Commodity News Service Canada
Winnipeg, March 2 – Following are a few highlights in the Canadian and world pulse markets on Wednesday, March 2.
– Chickpeas in India are 20 percent higher on India’s NCDEX online exchange. Analysts say it’s a direct result of the country’s weak monsoon season which limited soil moisture and yields, according to reports out of the country.
– According to APK-Inform, 10% of the Russian farmers surveyed in a recent poll plan to sow chickpeas in their fields while a further 7% planned to plant peas. The report says the rising cost of fertilizer and seeds are some of the reasons why more and more farmers in the country are turning away from traditional crops like wheat.
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– A genetically-modified chickpea, that is resistant to the pod border insect, has received a strong endorsement from a group in India. According to a report in indianexpress.com a government appointed fact-finding group (The Group of Secretaries) has backed the commercialization of the new seed.
– Three pulses have been identified as some of the crops that could enable the northern regions of Ghana to become more self-sufficient in food production. According to the Savanna Agricultural Research Institute, cowpeas, bambara beans and pigeon peas could potentially withstand the stresses of Ghana’s low fertility, drought, pests and diseases that have plagued some of the more traditional crops in the past.
– Desi #1 chickpeas are drawing bids of 25 to 27 cents per pound at elevators across Western Canada while Kabuli 10mm chickpeas are drawing bids of 45 to 46 cents per pound, according to Prairie Ag Hotwire.
