By Commodity News Service Canada
Winnipeg, July 7 (CNS Canada) – Following are a few highlights in the Canadian and world pulse markets on Thursday, July 7.
– Monsoon rains in India have been heavy to extreme in some locations, helping boost moisture conditions after two relatively dry years, according to reports.
– The good moisture in the major pulse producing and consuming country is helping boost prospects for the 2016/17 Indian crop. The country’s Food Minister Ram Vilas Paswan forecast pulse production at 18 million to 20 million tonnes, which would compare with the 17 million grown the past two years.
Read Also
Pulses: Frost damage reported in Victoria
By Dave Sims, Commodity News Service Canada Winnipeg, January 19 (CNS) – The USDA has raised its production estimates for…
– Crop conditions for edible beans in Manitoba are variable, according to the latest report from Thompsons Limited. Thunderstorm activity over the past week led to some fields seeing 10 to 20 per cent drowned out spots.
– New crop number 2 Laird lentils are currently topping out at about 43 cents per pound in Western Canada, according to Prairie Ag Hotwire data. Old crop bids are still stronger, but are coming under pressure, losing up to 9 cents at the top over the past day to range from 38.5 to 60 cents per bushel. New crop red lentils are bid at up to 35.5 cents per pound, which compares with top end old crop prices of 39 cents.
– New crop green pea prices range from C$6.25 to as high as C$9.30 per bushel in Western Canada, while old crop bids top out at C$9.75 per bushel. New crop yellow peas range from C$8.33 to C$9.75 per bushel, which compares with old crop bids of C$8.50 to C$9.65, according to Prairie Ag Hotwire data.
