By Commodity News Service Canada
Winnipeg, June 9 (CNS Canada) – Canada exported 32,900 tonnes of peas and 21,700 tonnes of lentils during the week ended June 4, according to the latest Canadian Grain Commission report.
Exports of both pulse crops continue to run well ahead of the previous year-to-date level. Roughly 3.2 million tonnes of peas have moved out of the country to-date, which is up by a million tonnes from the same point the previous year. Total lentil exports or 793,700 tonnes, are about 180,000 tonnes ahead of the 2015/16 pace.
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.
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Red lentil bids range from about 23 to 26.5 cents per pound, with new crop prices also topping out at 25 cents.
Top-end green pea bids range from C$8.00 to C$8.75 per bushel in Western Canada, while yellow peas range from C$7.95 to C$9.75 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.
