By Commodity News Service Canada
Winnipeg, June 2 (CNS Canada) – Following are a few highlights in the Canadian and world pulse markets on Thursday, June 2.
– The majority of edible beans are seeded in Manitoba, and off to a good start, according to a report from Manitoba Pulse Growers. However, rainfall has caused delays for some acres, while excess moisture may also raise concerns going forward.
– Field peas are also advancing well in Manitoba, with herbicide applications underway in many locations.
– India’s monsoon season is expected to start within the next week or two, and forecasters from Skymet are anticipating the largest rainfall levels in 22 years. The rains would be very welcomed by the agriculture sector, which has dealt with two straight years of drought.
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– Top end green pea prices in the C$9.00 to C$9.75 per bushel range being reported in Western Canada. Meanwhile, top end yellow peas are going for as much as C$13.50 per bushel in some locations. Red lentil bids of 50 cents per pound are now being reported in some locations. Meanwhile, number two large green lentils are still hitting prices as high as 70 cents, but number ones have moved off their 80 cent highs to top out at 76 cents per pound at some locations.
– Chickpea prices in Western Canada remain strong, with large caliber Kabuli’s trading as high as 58 cents per pound – a two cent rise from the previous week.