By Commodity News Service Canada
Winnipeg, August 18 (CNS) – According to a report this summer from Queensland Country Life, chickpea prices will likely be volatile going forward, despite a drastic reduction in this year’s production. Pulse Australia estimates total chickpea production will reach 1.5 million tonnes in 2017/18. That compares to last year’s total of 2.1 million. Normally, that might give prices a bump but India’s monsoon reason was more favourable this year, and prices have been coming off last year’s highs, so a rise in price isn’t guaranteed.
Laird #2 lentil prices were down two cents last week, according to the latest information from the Prairie Ag Hotwire. Bids are listed at 40 to 43 cents per pound.
Navy beans in Manitoba rose four cents during the past week and are now going for 35 cents a pound.
Kabuli chickpeas (10mm) declined three cents last week and are now priced at 57 to 68 cents a pound.
Bids for yellow peas on the Prairies fell forty cents last week and are listed at C$7.55 to C$8.25 per bushel.
