By Dave Sims, Commodity News Service Canada
Winnipeg, August 9 – Following are a few highlights in the Canadian and world pulse markets on Tuesday, August 9.
– A new report by the National Australia Bank says pulse prices are set to soften as world production heats up. The bank predicts the export price for Australian chickpeas will drop below AU$700 a tonne by September.
– Early harvested yellow peas are starting to make their way out of the Black Sea region and parts of Europe, bound for India, according to a report in agrimoney.com.
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– Pulse Australia forecasts the current chickpea crop could top 1.86 million tonnes.
– The pea harvest in Ukraine is already being declared successful with one agency predicting a doubling of exports. UkAgroConsult says roughly half a million tonnes should go out in 2016/17.
– Black beans are currently attracting prices of 43 cents (Canadian) per pound at elevators across Western Canada. The same beans are attracting prices of 43 cents (Canadian) per pound at elevators in Michigan and 34 cents per pound at elevators in North Dakota, according to the Prairie Ag Hotwire.
