By Commodity News Service Canada
Winnipeg, May 17 (CNS Canada) – Following are a few highlights in the Canadian and world pulse markets on Tuesday, May 17.
– Increased interest in planting pulses is being noted in Ukraine this year, with reports out of the country placing pea seedings at 226,000 hectares. That would be up 33% on the year.
– Farmers in India are optimistic for a good monsoon season this year (set to begin in June), with expectations for an increase in pulse production after two years of poor monsoons in a row.
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– Top end green pea prices are starting to back off, with prices in the C$9.00 to C$9.80 per bushel range being reported in Western Canada. Meanwhile, top end yellow peas are going for as much as C$13.40 per bushel in some locations. Red lentil bids of 50 cents per pound are now being reported in some locations. Meanwhile, number two large green lentils are still hitting prices as high as 75 cents, but number ones have moved off their 80 cent highs to top out at 79 cents per pound at some locations.
– Chickpea prices in Western Canada remain strong, with large caliber Kabuli’s trading as high as 56 cents per pound.
