By Dave Sims, Commodity News Service Canada
Winnipeg, July 15 – Following are a few highlights in the Canadian and world pulse markets on Friday, July 15.
– Pulse planting in India’s Telangana district, which is in the south-central area of the country, is proceeding ahead of schedule. A report in the Business Standard says acreage for chickpeas and lentils is already ahead of normal levels with a few weeks yet to go in the sowing period.
– According to India’s June wholesale inflation data, prices for lentils jumped 26.6 per cent in the month, compared to a year earlier. Authorities are under pressure to limit the sky-rocketing prices for lentils, chickpeas and other staple crops.
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– The USDA has announced it will spend just under US$200 million to support nine projects aimed at fighting hunger overseas. Efforts will include donations of US-produced beans, dried peas and lentils for various feeding programs.
– Kidney beans are attracting prices of 30 cents (Canadian) per pound at elevators across Western Canada. The same beans are attracting prices of 35 cents (Canadian) per pound at elevators in North Dakota, according to the Prairie Ag Hotwire.
