By Dave Sims, Commodity News Service Canada
Winnipeg, September 7 – Following are a few highlights in the Canadian and world pulse markets on Wednesday, September 7.
– The bean market is in a transition this week from 2015 crop to 2016 crop as harvesting efforts continue in many sections of the US, according to the USDA. The northeastern growing areas have recorded steady rains which has hampered fieldwork.
– A national health study by Earth Balance has found that plant-based proteins, such as lentils, are third on US consumer’s list of preferred “better for you” foods.
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– Recent rains in the Indian state of Gujarat have improved planting prospects in the region, according to a report in The Hindu Business Line. Pigeon peas, black beans and mung beans all saw noticeable improvements. So far, August has been the wettest month in the country’s monsoon season, the report said.
– Excess moisture continues to hurt chickpea production in Australia, according to reports out of the country. Total production is expected to decline to just over a million tonnes, which is roughly 10 percent less than the previous year, according to Australia Agriculture.
– Yellow peas are currently attracting prices of C$6.08 to C$7.00 per bushel at elevators across Western Canada, the same peas are also going for C$6.10 to C$7.06 cents per bushel in North Dakota and C$6.42 to C$8.47 per bushel in Washington and Idaho, according to the Prairie Ag Hotwire.
