By Commodity News Service Canada
Winnipeg, March 21 (CNS Canada) – Dry black bean stocks in North Dakota as of December 31, 2016 of 1.06 million hundredweight were well above the 131,526 tonnes on hand at the same point the previous year, according to a report from the Upper Great Plains Transportation Institute. Navy and pinto beans, meanwhile, saw stocks drop 12 and eight per cent respectively to 1.26 million hundredweight at 4.60 million hundredweight.
Farmers in India are reportedly looking to cut down on pulse acres in the next growing season, as local prices have fallen significantly over the past year.
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Top end large green lentil bids in Western Canada have trended lower in recent weeks, with number 2 Lairds currently topping out at about 48 cents per pound, according to Prairie Ag Hotwire data. New crop bids, meanwhile, are lower still at about 32 to 35 cents per pound.
Red lentil bids range from about 20 to 26 cents per pound, with new crop prices topping out at 23 cents.
Green pea bids range from rom C$7.65 to C$8.50 per bushel in Western Canada. Yellow peas range from C$7.00 to C$8.75 per bushel, according to Prairie Ag Hotwire.
Large calibre (10mm) kabuli chickpeas are currently seeing prices top out at 47 cents per pound in Western Canada.
