Global Pulses Trending Upward
PANAMA / Jan 25/20 - SNS -- Production problems in many net exporting countries has changed the tone of international pulse markets, with prices for many commodities looking like the recent upward trend in prices will be maintained. That could be the case through at least this year's northern hemisphere harvests.
As was the case with India's kharif season crop, farmers in many parts of the world faced significant weather challenges this year.
Unusually dry conditions in Australia have been making headlines because of widespread bush fires. By contrast, farmers in India, Canada, the United States, and parts of Europe struggled with excess rain during planting.
Demand Helps Lentils Remain Firm
PANAMA - Jan 19/20 - SNS -- North American lentil markets maintained their firm tone through the past week, with some processors and exporters needing to fill in short positions.
Canadian markets are also somewhat preoccupied by the winter farm meeting season, with growers testing the waters for price direction through the balance of the season as well as new crop prospects.
Bulk and container exports remain above last year's levels, giving markets fundamental support from the demand side. Exports and domestic demand is expected to be up over last year.
PANAMA - Jan 19/20 - SNS -- International field pea markets maintained their firm tone through the past…
PANAMA - Jan 19/20 - SNS -- International chickpea markets were little changed in limited trading activity…
PANAMA - Jan 19/20 - SNS -- International dry edible bean markets maintained their firm tone through…