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Pulses: India still at the forefront of pulse market

Published: February 10, 2016

By Commodity News Service Canada

Winnipeg, Feb. 10 (CNS Canada) – Following are a few highlights in the Canadian and world pulse markets on Wednesday, February 10.

– Local pulse prices in parts of India are reportedly rising again, due to a slowdown in arrivals.

– Weather reports out of India are mixed, with pulse crops in some regions receiving much needed moisture and dryness persisting in others, according to the latest forecasts.

– 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$13.90 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 71 cents and number ones have topped 76 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.

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