The agency has retained masur and peas prices of the previous forecast

Peas prices are estimated at $220-$250 per tn in 2018-19 while masur prices are seen at $420-$450 per tn. Prices of peas and masur in Canada are, however, seen down from last year. In 2017-18, peas prices were at $265 per tn and masur were at $475 per tn. Peas prices are forecast to be lower from the previous year because of higher supplies and lower exports. Supply of peas is estimated at 4.1 mln tn and exports are seen at 2.8 mln tn. Despite a fall in the masur output, prices are likely to fall this year due to expectation of higher supply.

Canada 2018-19 chana prices seen dn 23% from Jul view on high supply

Canada’s farm agency has said the average domestic prices of chana for 2018-19 is likely to be at $475-$505 per tn, down 23% from July estimate. In its August report, Agriculture and Agri-Food of Canada said the prices are likely to fall because of an expectation of a rise in supply. Chana or chickpeas output in Canada in 2018-19 is estimated higher at 335,000 tn compared with 92,000 tn in the previous year.

Canada’s farm agency has retained masur and peas prices of the previous forecast

Peas prices are estimated at $220-$250 per tn in 2018-19 while masur prices are seen at $420-$450 per tn. Prices of peas and masur in Canada are, however, seen down from last year. In 2017-18, peas prices were at $265 per tn and masur were at $475 per tn. Peas prices are forecast to be lower from the previous year because of higher supplies and lower exports. Supply of peas is estimated at 4.1 mln tn and exports are seen at 2.8 mln tn. Despite a fall in the masur output, prices are likely to fall this year due to expectation of higher supply.

India Apr-Jun pulses export up 115% on year at 100,982 tn

Export of pulses from the country jumped over two-fold on year to 100,982 tn in Apr-Jun primarily due to improved demand from overseas buyers. Improved demand from the neighboring countries particularly Bangladesh is likely to have led to the surge in the export of the pulses. Guar gum exports were down 6.8% on year to 134,790 tn in the first three months of the current financial year due to a fall in demand.