Pulse Tone Turning Bullish
PANAMA - Mar 23/20 - SNS -- North American domestic pulse markets have an underlying bullish tone because of a surge in demand for pulses as people change eating habits as they deal with the impact of the coronavirus on their lives.
Some processors are reporting a 40% increase in demand, compared to this time last year, while key food manufacturers such as Goya Foods say their shipments are up 400%.
Restrictions on store closures and the movement of people in parts of the world are set to expire between the end of March and the middle of April. But, given the daily increases in infections as testing capacity expands, it is not unreasonable to think that restrictions on daily life could last through the end of May and possibly into June.