By Dave Sims, Commodity News Service Canada
Winnipeg, June 8 – Following are a few highlights in the Canadian and world pulse markets on Wednesday, June 8.
– Most of Manitoba’s dry bean crop is now in the ground, according to the province’s latest crop report.
– According to a report on the North Harvest Bean Growers Association website, carioca beans have risen to US$1.65 a pound in Brazilian grocery stores, a record level.
– Chickpea prices continue to soar in India as farmers wait for the monsoon season to revitalize their crops. The Pakistani government is making plans to secure additional supplies from Australia as its domestic production has also been curtailed.
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– Efforts are being made to improve soil fertility in Australia’s Karoonda region by using clay, organic matter and different fertilizers to the top 50 centimateres of the soil. According to a report on the Murray Valley Standard, the work is being carried out by the State Government’s New Horizons Soil Management Project. The region used to be home to wheat crops but researchers have planted peas to see if they can grow successfully.
– Navy beans are attracting prices of 33 cents (Canadian) per pound at elevators across Western Canada. The same beans are attracting prices of 37 cents (Canadian) per pound in Michigan and 32 cents (Canadian) per pound in North Dakota, according to the Prairie Ag Hotwire.