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Pulses: Chickpea prices still climbing down under

Published: April 11, 2016

By Dave Sims, Commodity News Service Canada

Winnipeg, April 11 – Following are a few highlights in the Canadian and world pulse markets on Monday, April 11.

– The USDA has purchased 10,850 tonnes of yellow split peas for its food aid program. Shipments are scheduled to start in May.

– A researcher with the Agricultural Research Service at the University of Washington is trying to develop winter-hardy fababeans, according to a report in agprofessional.com. The researcher says faba beans that are winter-hardy and can survive cold temperatures, will help protect the soil from erosion.

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– Chickpea prices are climbing again in Australia due to excessively dry conditions and weakness in the Australian dollar, according to a report in Queenslandcountrylife.com. Surging demand for pulses in India has pushed Australian chickpea prices up to AU$900 per tonne in Brisbane.

– Russia exported 6,100 tonnes of peas during the week of March 28 to April 3, according to data from APK-Inform.

– Pinto beans are attracting prices of roughly 23 to 32 cents (Canadian) per pound at elevators across Western Canada. The same beans are going for 29 to 30 cents (Canadian) per pound in North Dakota, 32 cents (Canadian) per pound in Colorado and 30 to 32 cents (Canadian) per pound in Washington and Idaho, according to the Prairie Ag Hotwire.

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