Pulse weekly outlook: Pulse acres on downswing

CNS Canada — Pulse prices in Western Canada showed some movement during the week ended Tuesday, but mostly hung rangebound as India’s import restrictions on Canadian pulses continued to hold the market in check.

Yellow peas fell 25 cents to a range of $5.75 to $7 a bushel. Green peas held steady at $7.50-$8.50 a bushel.

Laird X3 lentils in Western Canada rose five cents/lb. over the past week, according to the latest information from Prairie Ag Hotwire. Prices are listed at 17.5 to 24 cents/lb.

Pulse acres in Canada look to be on the downswing this year. According to numbers from Agriculture and Agri-food Canada, canola, barley, oats and all-wheat acres are forecast to rise. Both peas and lentils are expected to decrease.
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