Pulses: Indian chickpea prices surpass pigeon peas

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Published: July 29, 2016

By Dave Sims, Commodity News Service Canada

Winnipeg, July 29 – Following are a few highlights in the Canadian and world pulse markets on Friday, July 29.

– The Global Pulse Confederation says designating 2016 as the International Year of the Pulses has been very successful for the industry. However, the GPC, says it wants to see a continued focus on pulses moving forward as well. The confederation says it wants to see pulses move to the forefront of health-food discussion and take their place as a regular staple of everyday diets.

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– The Ord region in Australia (north-central) has secured AU$440,000 from the government to bolster pulse production and introduce processing facilities. In a release, Agriculture and Food Minister Dean Nalder says the Ord Pulses Project aims to develop quality-assured and ready-to-eat pulse products.

– Chickpea prices remain higher than pigeon peas in several markets in India, according to a report in the Hindu Business Online. That is considered very rare for India and likely fueled by the ongoing chickpea shortage.

– Pinto beans are currently attracting prices of 33 cents (Canadian) per pound at elevators across Western Canada. The same beans are attracting prices of 37 to 40 cents (Canadian) at elevators in North Dakota and Colorado, according to the Prairie Ag Hotwire.

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