By Commodity News Service Canada
Winnipeg, Dec. 17 – Following are a few highlights in the Canadian and world pulse markets on Thursday, December 17.
– India continues to deal with pulse shortages, but the situation is easing through raids of hoarded supplies and increased imports, according to reports out of the country.
– Rising consumer demand for healthy food and vegetarian options will see the market for pea protein rise to US$34.8 million by 2020, according to a report from Markets and Markets, which would be an 8.8% rise from current levels.
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– Green pea prices in the C$8.00 to C$9.00 per bushel range are being reported in Western Canada. Meanwhile, yellow peas are moving higher, with bids as high as C$11.25 per bushel now reported in some locations. Red lentil bids as high as 57 cents per pound are being reported in some locations, while number two large green lentils are now hitting prices as high as 68 cents and number ones have topped 71 cents at some locations.
– Chickpea prices in Western Canada also continue to trend higher, with large caliber Kabulis’s trading as high as 46 cents per pound.
