By Commodity News Service Canada
Winnipeg, Dec. 2 – Following are a few highlights in the Canadian and world pulse markets on Wednesday, December 2.
– Shortages and resulting high local prices in India remain at the forefront of the global pulse market. The country`s commerce ministry is set to hold a meeting with importers and other parties this Thursday to discuss strategies for dealing with the situation, according to the Times of India.
– Legumex Walker Inc. will be delisted from the TSX at the close of business on December 31, 2015, “for failure to meet the continued listing requirements of TSX.” The delisting comes shortly after Scoular finalized its acquisition of Legumex Walker’s Special Crops Division, for C$94 million, in late November.
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– Wyoming is becoming a larger player in edible bean production, with the state set to see the first meeting of the recently created Wyoming Bean Commission on December 7 to 8.
– Green pea prices in the C$8.00 to C$8.75 per bushel range are being reported in Western Canada. Meanwhile, yellow peas are still firm, with bids as high as C$10.00 per bushel found in some locations. Red lentil bids as high as 51 cents per pound are being reported in some locations, while number 2 large green lentils are now hitting prices as high as 60 cents.
