Pulses: US farmers look to pulse options

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Published: May 9, 2017

By Commodity News Service Canada

Winnipeg, May 9 (CNS Canada) – More and more US farmers are looking to break out of the country’s long-standing rotations that focus only on soybeans, corn, and wheat. Pulse acres in particular are on the rise in many states, with a report from Nebraska’s Lincoln Journal Star highlighting an increased interest in planting yellow peas in the state.

The USDA tendered to purchase 19,000 hundredweight of pinto beans, according to a report.

Mexico is also looking to buy beans, with the country currently allowing imports of 100,000 tonnes of dry beans duty-free in order to supplement domestic supplies, according to reports.

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Top end large green lentil bids are holding relatively firm in Western Canada, with number 2 Lairds currently topping out at about 48 cents per pound, according to Prairie Ag Hotwire data. New crop bids, meanwhile, range from about 31 to 39 cents per pound.

Red lentil bids range from about 22 to 26.5 cents per pound, with new crop prices also topping out at 25 cents.

Top-end pea bids were mixed in the latest Prairie Ag Hotwire data. Green pea bids lost 25 cents at the top, to range from from C$7.65 to C$8.50 per bushel in Western Canada, while yellow peas gained 20 cents to range from C$7.70 to C$9.50 per bushel.

Large calibre (10mm) kabuli chickpeas are currently seeing prices as high as 70 cents per pound in some cases, although a lack of supplies may limit any actual movement.

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