By Commodity News Service Canada
Winnipeg, Aug. 18 (CNS Canada) – Following are a few highlights in the Canadian and world pulse markets on Thursday, August 18.
– High prices are encouraging chickpea seedings in Australia this year, but the planted area may not be able to live up to expectations due to seed shortages, according to reports out of the country.
– Statistics Canada releases its first survey-based crop production estimates of the year on August 23. While pre-report estimates are pointing to record large pea and lentil crops, the expectations have dropped considerably from earlier in the growing season as excess moisture cut into yields and quality.
– Number 2 Laird lentils are currently topping out at about 44 cents per pound in Western Canada, according to Prairie Ag Hotwire data. Red lentils are bid at up to 31 cents per pound.
– Green pea prices range from C$6.25 to as high as C$8.30 per bushel in Western Canada. Yellow peas range from C$6.15 to C$7.75 per bushel.
