# Pulses reign in new crop, grains grounded by stocks - AgCanada

> New-crop organic bids are emerging in Western Canada, with pulse prices expected to stay strong despite being off last year's highs. Organic grain prices are under pressure from large carryover stocks, notably in wheat.

- Date: 2017-03-31 · published 2017-03-31T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/72038-pulses-reign-in-new-crop-grains-grounded-by-stocks-agcanada
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

High organic grain stocks and expected high pulse acreage point to softer organic grain values, while pulse demand, especially for pea protein, supports prices.

## Read by commodity

- WHEAT: bearish ▼

## Sources

- agcanada.com: https://www.agcanada.com/2017/03/pulses-reign-in-new-crop-grains-grounded-by-stocks

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.