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Pulses: Lentil prices fall overnight on Prairies

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Published: February 17, 2017

By Dave Sims, Commodity News Service Canada

Winnipeg, February 17 – Prices for lentils on the Prairies suffered wide-spread losses overnight, according to the Prairie Ag Hotwire. Laird number one lentils fell six cents to 51 to 63 cents per bushel. Number two and X3 varieties also softened as well. Eston number one lentils fell four cents to a range of 48 to 62 cents per bushel. Eston number three varieties dropped by 10 cents to 26 to 30 cents per pound. All four varieties of Richlea lentils lost ground two with number one varieties falling eight cents to 48 to 52 cents per bushel.

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Prices for Kabuli chickpeas (10mm) fell 12 cents to hit a range of 47 to 52 cents per pound. Kabuli 8mm varieties dropped 14 cents to a range of 34.5 to 36 cents per pound.
Prices for kidney beans in North Dakota fell two cents on the week to 43 cents per pound. Bids for Great Northern beans in Colorado also dipped by two cents to 36.6 cents per pound.
According to a report by Farm Credit Canada, shipping firms have already begun refusing to take loads of pulses bound for India. The reason is because of a looming crackdown on fumigation requirements. For more than 10 years India has allowed Canada to treat pulse exports for pests after shipping but that is about to change. India wants the pulses to be fumigated with methyl bromide, something that doesn’t work so well in Canada’s cold climate. There are also concerns over its environmental impact. Agriculture Canada says it’s working with the Indian government to come up with a solution to the problem.

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