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The demand for lentils has backed off lately due to high prices, said trader Marcos Mosnaim of Prairie IX in Toronto. He said the direction lentils take will largely depends on India.

Duty-free exemptions for pea and lentil imports into India are set to end over the next few weeks, but a recent extension for pigeon pea imports has led to speculation that the peas and lentils Canada ships to the country could also see their duty-free status extended.

As the deadline for the government of India to further extend its tariff-free period for pea imports expired on Feb. 28, there has yet to be any statement regarding levies on the country's future pea imports.

MarketsFarm – Early summer was characterized by concerns that dry, hot weather across the Canadian Prairies would impede lentil yields. However, recently improved growing conditions meant lentil crops have stayed largely stable. "It's a completely different scenario now than it was two weeks ago," said Darwin Hamilton of Kalshae Commodities in Winnipeg. "A month ago[...]

Researchers on a project in India and Bangladesh say they hope it will greatly reduce their lentil imports. Farmers in the project are growing lentils in fields left fallow after rice harvests, with the help of a research and training project by the International Center for Agricultural Research in the Dry Areas (ICARDA). In a[...]