By Commodity News Service Canada
Winnipeg, March 8 (CNS Canada) – Canadian farmers will likely reduce their pulse acres in 2017, according to a survey conducted by the Wild Oats newsletter.
The company’s survey saw pea area down by 15 per cent on the year and lentils down by 33 per cent.
Number 2 Laird lentils currently top out at about 56 cents per pound in Western Canada, with new crop bids topping out at about 20 cents lower, according to Prairie Ag Hotwire. Red lentils are bid up to 24 cents per pound in the spot market and as high as 23 cents per pound for new crop.
Green pea prices range from C$7.65 to as high as C$9.00 per bushel in Western Canada. Yellow peas range from C$7.00 to C$9.00 per bushel.
Large calibre (10mm) kabuli chickpeas are currently seeing prices top out at 47 cents per pound in Western Canada.
