By Commodity News Service Canada
WINNIPEG, Jan. 28 (CNS Canada) – Following are a few highlights in the Canadian and world pulse markets on Wednesday, January 27.
– The USDA’s Commodity Credit Corporation has tendered to purchase 1,540 tonnes of pulses for shipment as food aid.
– Indian farmers had seeded 59.15 million hectares of this year’s rabi season crops, as of January 28, which was down by 2.9 per cent from the same time the previous year, according to the country’s agriculture ministry. Of the total, chickpea area was pegged at 8.55 million hectares, which would be down by 0.3% from the previous year.
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– Green pea prices in the C$9.00 to C$9.75 per bushel range are being reported in Western Canada. Meanwhile, yellow peas are also strong, with bids as high as C$13.00 per bushel now reported in some locations. Red lentil bids as high as 54 cents per pound are being reported in some locations, while number two large green lentils are now hitting prices as high as 70 cents and number ones have topped 75 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.
