The onset of India’s annual southwest monsoon is expected over the next four-to-five days, which would make for the earliest start of the rainy season since 2009 and sets the stage for good crop production going forward.
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 – As harvesting operations for pulses in Western Canada come to a close, Mac Ross, Pulse Canada’s director for market access and trade policy, said this year’s crops have been successful in terms of quality and yields. “I haven’t heard any concerns regarding quality. In a lot of cases, I’ve been hearing that the[...]
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MarketsFarm -- As India's pulse harvest continues, indications have been that initial projections might not be met -- which could lead the world's largest producer and consumer of pulses to allow more imports, MarketsFarm Pro analyst Mike Jubinville says. The Indian government expected about 11.5 million tonnes of chickpeas, but the harvest might bring in[...]
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[...]
Mumbai | Reuters -- Pulse imports to India, the world's biggest buyer, may fall to their lowest in nearly two decades after the government raised import taxes and restricted overseas purchases to bolster prices, impacting the plans of its global suppliers. The reduction in imports illustrates the government's steps to raise the prices of pulses,[...]