By Commodity News Service Canada
Winnipeg, Jan. 13 – Following are a few highlights in the Canadian and world pulse markets on Wednesday, January 13.
– US dry edible pea production came in at 18.3 million hundredweight in 2015/16, according to updated estimates from the USDA. The production was up 7 per cent from the previous year, with record high acreage more than making up for a slight reduction in average yields.
– US edible bean production was also up on the year, hitting 30.1 million hundredweight, which was from 28.9 million the previous year. Lentil production, at 5.3 million hundredweight, was also up considerably from the 3.4 million hundredweight grown the previous year.
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– The Trading Corporation of Bangladesh issued a tender to purchase 1,500 tonnes of chickpeas in an effort to stabilize domestic prices, according to reports out of the country.
– Green pea prices in the C$8.80 to C$9.50 per bushel range are being reported in Western Canada. Meanwhile, yellow peas are moving higher, with bids as high as C$12.50 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 72 cents at some locations.
– Chickpea prices in Western Canada also remain strong, with large caliber Kabulis’s trading as high as 46 cents per pound.
