Weekly Pulse Report: CDN pulse acres on downswing

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Published: January 30, 2018

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WINNIPEG (CNS) – Pulse prices in Western Canada showed some movement
during the week ended Jan. 30, but mostly hung range-bound as India’s
import restrictions on Canadian pulses continued to hold the market in
check.

Yellow peas fell 25 cents to a range of C$5.75 to C$7.00 a bushel. Green
peas held steady at C$7.50 to C$8.50 a bushel.

Laird X3 lentils in Western Canada rose five cents per pound over the
past week, according to the latest information from the Prairie Ag

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Hotwire. Prices are listed at 17.5 to 24 cents per pound.

Pulse acres in Canada look to be on the downswing this year. According
to numbers from Agriculture and Agri-food Canada, canola, barley, oats
and all-wheat acres are forecast to rise. Both peas and lentils are
expected to decrease. Pea acres in 2018/19 are pegged at 3.2 million
acres, which compares to the 4.1 million planted last year. Lentils are
expected to fall by 1.2 million acres to a total of 3.2 million.

Chickpea flour continues to experience global growth. By the end of
2026, the global chickpea flour market is estimated to generate US$5.2
billion in revenue, according to a report by Future Market Insights.
That includes both kabuli and desi chickpea flour.

Kabuli chickpeas (10mm) fell one cent to a range of 73 to 74 cents a
pound.

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