Field Peas Maintain Tone
PANAMA - Dec 3/16 - SNS -- Field pea markets finished the week's trading on a firm note against soli,d ongoing movement into export markets from the world's major suppliers.
This allowed markets to ignore indications India has a good chance to succeed in planting a record area to rabi or winter season pulses. Progress surged during the past week, with farmers planting 1.79 million hectares of pulses, according to the country's agriculture department.
This lifted total area in pulses to 11.295 million hectares, well above the 9.983 million sown by this time last year and 100,000 hectares above the recent five-year average.
World Expects Same or More Lentils
PANAMA - Dec 3/16 - SNS -- Lentil markets maintained their firm tone through the past week, despite indications world production will be little changed to higher in 2017.
The USDA reckons land in that country's eight major crops will drop from 254.1 million acres this year to a forecast 248.9 million in 2017. Most of the decline is accounted for by corn and wheat. This opens land for pulses and other minor crops.
Given the market performance of lentils in both the United States and Canada so far this season, there is a good chance farmers will increase area in green lentils in both the United States and Canada.
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