India is the wild card in global wheat production and consumption

India is the wild card in global wheat production and consumption

Some estimates are calling for an increase of 15 per cent, to 100 million tonnes for the looming harvest

India will be the first major wheat-growing country to harvest the 2017-18 crop, and most of its wheat will be cut by the time the U.S. Department of Agriculture rolls out its first production estimate in May. Despite the early glimpse this should provide to the wheat market, the Indian government’s data could actually downplay

(Cia.gov)

India considering reinstating wheat import tax

New Delhi | Reuters –– India could impose a 25 per cent import tax on wheat by the middle of March, two government sources said on Wednesday, reinstating the tariff after a gap of nearly three months in response to recent large purchases from overseas. India, the world’s second-biggest wheat producer, lowered the import tax



Red lentils. (Photo courtesy U.S. Dry Pea and Lentil Council)

Lack of buyer interest leaves lentil market without pulse

CNS Canada — Lentil buyers are keeping to the sidelines as mixed weather reports from India bring an element of turbulence into the market. Crop conditions in India are generally favourable, keeping Canada’s old- and new-crop lentil markets quiet, said Bobby Leavins of Rayglen Commodities in Saskatoon. New-crop buyers are showing little interest until India’s


Cattle drink from the Yamuna River near Agra in northern India. (CIA.gov)

Canada keen to boost ties, seal trade pact with India

Gandhinagar, India | Reuters –– Canada is keen to boost its business ties with India and is moving forward with attempts to seal a trade pact, Canada’s minister of infrastructure and communities told Reuters. “There is an emphasis on signing a trade agreement with India,” Amarjeet Sohi said in an interview Tuesday. “The process was

(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans down on profit-taking before USDA data

Chicago | Reuters — U.S. soybean futures dropped two per cent on Thursday, the steepest decline in 2-1/2 months, on profit-taking tied to lower veg oil prices and extended weather outlooks for rainfall in Argentina, traders and analysts said. U.S. President-elect Donald Trump’s nomination of Oklahoma Attorney General Scott Pruitt to run the nation’s Environmental


(Cia.gov)

India acts to help farmers hit by black money crackdown

New Delhi | Reuters –– India’s government on Thursday announced immediate steps to ease a cash crunch for farmers amid widespread criticism of Prime Minister Narendra Modi’s shock decision to withdraw high-value bills in the middle of the sowing and wedding season. Farmers have been left stranded as traders have no cash to pay for



Laird lentils. (PulseCanada.com)

Unpredictable lentil crops could unsettle market

CNS Canada — Lentil producers have been stuck on a roller coaster this season, and the ride isn’t slowing down going into harvest. “It’s been a very hard year to predict because we have record amounts of acres planted, an incredible start to the season, and then of course the well-publicized weather problems leading to