After a year marked with volatility, trade disputes and continued erosion of faith in rules based trade, panelists at the Canadian Crops Conference, held in Toronto in March, explained challenges in the international trade order and what Canada can do to improve its standing.

How can Canada stand out in a globalized market?

“The rest of the world, the rest of the sectors of the global economy, are finally getting to know what it felt like to be agriculture for a number of years,” said Jeff Mahon, director of StrategyCorp.

He pointed to non-tariff barriers and the weaponization of trade.

Canada has sought to overcome challenges through diversification, but Mahon said this may not be as easy as some are making it out to be.

“This whole movement is driven by, you know, roughly 75 per cent of our exports going to the United States. But the last I checked, Canadian agriculture is already pretty diversified,” he said.

“Telling Canadian agriculture it needs to diversify further is like telling a cayenne pepper it needs to be spicy.”

The questions are — how Canada can grow its market share and how reliant Canada should be on bigger markets like China and India. Mahon said it will be important to recognize there may not be alternatives to those markets and Canada will likely need to continue trading in both.

Win-win thinking

In a global market currently favouring buyers, Mahon said Canada may need to find new strategies to stand out.

“In some cases, that might mean selling more processed or value-added goods,” He said. “In other cases, particularly when we’re looking at new markets in developing countries, we might want to think about bringing a bigger Canadian value proposition to them,” he said.

For example, instead of just offering commodities, Canaa can offer access to a network of capability and research.

This is already happening — for example, Prime Minister Mark Carney’s recent trip to India saw the promise of a Canada-India pulse research centre.

“Now you’re using empathy,” Mahon said. “You’re going to a developing country, India, and you’re saying, ‘what do you need from us?’”

In a country like India, where nutritional security is a concern, Mahon said this type of win-win-thinking could be part of Canada’s strength as a partner.

He added that he’d heard a former Indonesian ambassador suggest Canada could help countries build processing capacity, leading to “mandatory supply chains” with Canadian exports at the centre.

Mahon said he would like to see governments rephrase requests to industry to diversify and rather ask what the industry needs to grow market share.

“Diversification and growing exports isn’t going to work unless Canada fixes some of the supply side problems,” he said.

These may not be entirely an industry issue.

“The government might want to look in the mirror a little bit more if it wants to be able to figure out how to help grow agricultural exports.”

Barriers within international trade

One barrier for Canadian agri-food trade in the EU has been the challenge of adapting to regulatory frameworks. The effects of European policies, like the Green Deal, Farm to Fork strategy, can sometimes be felt in Canada.

For example, The European Commission has proposed a bill that would effectively set pesticide tolerances at zero on imported grains, oilseeds, pulses and other agricultural commodities if those pesticides haven’t been approved for use in the EU.

The EU isn’t a primary destination for Canadian grain, oilseeds and pulses, but exports can be significant some years.

European politicians have argued that this levels the playing field so growers outside of Europe don’t have a competative advantage.

The Canadian government is lobbying for predictability said Greg MacDonald, a counsellor with the Mission of Canada to the EU.

Prime Minister Mark Carney is seen as a close friend in many countries, and now the government is attempting to leverage that, MacDonald said.

People shouldn’t think the EU is “closed for business on agriculture trade,” he added.

MacDonald suggested Canada could continue to work with the EU on regulatory alignment.

“How do we make the regulatory frameworks work for Canada with the broad political overview we have that we’re the trusted and reliable partner, and the EU calls us and asks, how can Canada provide product X?”

A loss of faith in rules-based trade

The past year has also seen attacks on the role of rules-based trade.

Edwini Kessie, director of the agriculture and commodities division at the World Trade Organization (WTO) said he felt the core principles of his organization are “under attack.”

He said the non-discrimination principle and the security and predictability of market access have come into question for some.

“These have been the binding core principles of the WTO, but I think increasingly there are questions as to the effectiveness of the WTO rules in creating a level playing field,” Kessie said.

“We see in the EU specifically, regulatory and policy developments that may be shifting away from some core tenants of WTO rules, which adds to uncertainty in the grains and oilseeds trade,” MacDonald said.

Kessie said the solution is not for the global trade system to turn its back on the existing rules and encouraged stakeholders not to give up on the WTO.

“There are changes which have to be made,” he said. “And I do hope that the WTO members will come together and effect the real changes, which will strengthen the rules-based multilateral trading system.”

“The current prosperity that we are witnessing the world is because of the rules-based system,” he said, “so we need to strengthen it.”

WTO ministerial talks in Yaounde, Camaroon at the end of March struggled to make headway on questions of reform and ultimately broke down after the group could not agree on renewing a moratorium on duties for electronic transmissions like digital streaming.

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WHY IT MATTERS: More than 80 per cent of pulses exported from Canada to India are grown in Saskatchewan.

The Canada-India Pulse Protein Centre of Excellence would be built at the National Institute of Food Technology Entrepreneurship and Management in Kundli, 40 kilometres north of New Delhi, said the Saskatchewan government in a March 3 news release.

The proposed centre would focus on the advancement of pulse protein processing and the development of fortified foods. It would also strengthen the relationship and support economic growth between the two countries, as well as improve global nutrition, reduce environmental impacts and advance sustainable agriculture.

Both the U of S and NIFTEM were named by their respective federal governments to be the co-chairs of the facility.

“The University of Saskatchewan has a strong history of developing agricultural innovations that have real world impact,” said Baljit Singh, the U of S’s research vice-president.

“We are committed to addressing the global demand for plant-based proteins and applying our world-class researchers, labs and infrastructure to address these needs. We look forward to working alongside our partners in India and the Government of Saskatchewan to create sustainable solutions.”

The pulse protein centre was announced during a trade mission to India by Canadian officials, including Canadian prime minister Mark Carney and Saskatchewan premier Scott Moe.

“Our province is essential for global food security,” Moe said.

“This announcement represents an opportunity to bring Saskatchewan’s expertise and ingenuity in pulse production to the people of India. By working together, we will accelerate innovation, expand processing capabilities, and help meet growing demand for affordable, high quality, sustainably grown foods.”

More than 80 per cent of all pulses exported from Canada to India are grown in Saskatchewan, primarily lentils, chickpeas and yellow peas.

“The Centre of Excellence underscores the long-term partnership between Saskatchewan and India in pulses,” Saskatchewan Pulse (SaskPulse) Growers chair Stuart Lawrence said.

“This collaboration between academia and government can help ensure more pulses are included in large-scale food applications and enhance the role pulses play in delivering nutritional security for the benefit of Indian consumers and Saskatchewan farmers.”

Saskatchewan has exported more than $18 billion worth of goods to India since 2007. The province opened a trade and investment office in New Delhi in 2021, one of nine worldwide.

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The visit signals a deliberate shift from crisis management to economic statecraft.

In Mumbai, Carney announced that Canada aims to conclude a Comprehensive Economic Partnership Agreement (CEPA) with India by the end of this year, with the goal of doubling two-way trade by 2030. The message was pragmatic: the two countries may not always agree, but engagement must continue.

From rupture to reset

Canada-India relations deteriorated sharply in September 2023, leading to diplomatic expulsions, reduced staffing and suspended trade negotiations. For much of the past two years, the relationship was defined by security tensions and mutual distrust.

The first signs of stabilization came at the 2025 G7 Summit in Kananaskis, Alta., when Carney’s invitation to Prime Minister Narendra Modi signalled a diplomatic breakthrough. High commissioners were reinstated and ministerial channels reopened. Carney’s India visit suggests the reset is moving from symbolism to implementation.

The logic is clear. Canada’s heavy trade dependence on the United States has become riskier amid tariff threats and political volatility. Diversification is no longer aspirational; it’s strategic.

India, as one of the world’s fastest growing major economies and an increasingly central figure in global supply chains, offers scale and long-term opportunity.

Energy as the anchor

Energy emerged as the central pillar of Carney’s two-day visit. Canada and India have relaunched the Ministerial Energy Dialogue and are advancing discussions on uranium supply, conventional energy trade and clean energy co-operation.

India’s energy demand continues to rise as economic growth accelerates. It remains heavily import-dependent on crude oil and natural gas while also seeking to expand low-carbon baseload power. Canada, meanwhile, is looking to reduce its overwhelming reliance on the U.S. market.

With expanded export capacity through the Trans Mountain pipeline and growing LNG infrastructure, Canada is better positioned to reach Indo-Pacific markets than at any point in recent decades.

While Canada will not displace other suppliers, it can become part of India’s diversification portfolio. Long-term uranium agreements, in particular, would embed trust through decades of commercial interdependence. Nuclear co-operation offers durability that few other sectors can match.

Critical minerals, structural alignment

Beyond fuels, critical minerals represent a deeper strategic opportunity. Canada’s Critical Minerals Strategy aligns closely with India’s National Critical Minerals Mission in terms of lithium, nickel, cobalt, rare earth elements and downstream supply chains.

For Canada, the goal is not simply exporting raw resources, but building integrated value chains through processing partnerships, recycling and technology collaboration. For India, secure access to minerals is essential for electric vehicles, semiconductors, defence industrial supply chains and clean energy technologies, particularly as it seeks to reduce dependence on China-dominated processing networks.

Progress in critical minerals would move the relationship beyond symbolic diplomacy toward structural alignment.

Although CEPA negotiations have stalled in the past, both countries now face stronger incentives to revive them amid global trade turbulence and diversification pressures.

Progress on energy and minerals can help build domestic support for stability while wider trade talks continue.

Innovation, security

Carney’s visit also emphasized people-to-people and innovation ties. Foreign Affairs Minister Anita Anand launched a new Canada–India Talent and Innovation Strategy, including 13 new university partnerships spanning artificial intelligence, hydrogen research, digital agriculture and health sciences.

Education has long anchored Canada–India relations. Embedding research collaboration and talent mobility strengthens long term institutional linkages that outlast political cycles. Artificial intelligence co-operation, in particular, aligns Canada’s strengths in responsible AI governance with India’s scale in digital infrastructure and AI deployment.

Despite economic progress, however, security concerns between India and Canada remain unresolved. The diplomatic fallout of 2023 continues to affect trust.

During the visit, Anand faced repeated questions about foreign interference and transnational repression. She emphasized that public safety concerns must be addressed through direct engagement rather than disengagement.

Recent reports of ongoing threats and warnings to Sikh activists in Canada show that underlying tensions persist, even as both governments seek to prevent them from defining the entire relationship.

Ottawa’s tone appears more measured, but the conflicting narratives between the two countries remains evident.

The road ahead

Carney’s challenge is now therefore twofold: advance economic co-operation while preventing unresolved security disputes from derailing the broader reset of the Canada-India relationship.

Improved ties with India also align with Carney’s broader foreign policy vision, articulated in Davos, that middle powers must co-operate more closely in response to fractures in the global order.

India’s inclusion in a broader Indo-Pacific tour alongside Australia and Japan underscores that this engagement is part of a wider strategic recalibration.

Stabilizing relations with India is therefore not simply a bilateral exercise. It’s about positioning Canada more credibly in the Indo-Pacific region and strengthening co-ordination among democratic middle powers navigating geopolitical uncertainty.

The significance of Carney’s visit lies less in rhetoric and more in trajectory. By setting a target for a trade agreement, advancing energy and uranium co-operation, deepening critical minerals alignment and expanding academic partnerships, Ottawa is attempting to anchor the relationship in long-term interdependence.

The reset is not complete. Security tensions still cast a shadow. But the visit suggests that both governments are willing to compartmentalize disputes and focus on areas of shared economic and strategic interest.

—Saira Bano is an assistant professor of political science at Thompson Rivers University.

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New Delhi and Ottawa hope to increase bilateral trade to US$50 billion by 2030, Indian Prime Minister Narendra Modi said during a joint media appearance with Carney, from nearly US$9 billion (C12.3 billion) in 2024-25.

WHY IT MATTERS: India is a key market for Canadian pulses, particularly lentils, and also imports other goods like packaged foods. However, Canadian farmers have faced tariffs on pulse exports to that country.

The two sides have agreed to the terms of reference on a comprehensive economic partnership, the Indian foreign ministry added.

Pulse protein centre of excellence

In a joint statement, Carney and Modi “highlighted expanding opportunities for collaboration in agri-technology, research, and value-added food production, and agreed that deeper agricultural partnership will advance sustainable farming practices, nutrition security, and mutually beneficial trade and investment.”

They welcomed a proposal to create a “Canada–India Pulse Protein Centre of Excellence” at India’s National Institute of Food Technology Entrepreneurship and Management (NIFTEM) Kundli. The aim of the centre would include collaboration on research, advancing pulse protein processing and strengthening ties between academia and industry in the two countries.

Carney and Modi “noted the complementary strengths of the Province of Saskatchewan as a global leader in pulse production and innovation, and India as the world’s largest producer and consumer of pulses,” the statement said.

Uranium deal

They also agreed on a C$2.6 billion uranium deal and will work on building small modular nuclear reactors and advanced reactors, both sides said. “In civil nuclear energy, we have concluded a landmark deal for the long-term supply of uranium,” Modi said.

The Indian government and Canada’s Cameco have signed a uranium supply agreement to support India’s nuclear ambitions and to work towards a clean, reliable base load power, Carney added.

Relations between India and Canada deteriorated sharply in 2023 after then Prime Minister Justin Trudeau alleged Indian involvement in the killing of a Canadian Sikh separatist, accusations New Delhi rejected as “absurd”.

The dispute deepened and led to expulsions of diplomats and freezing of trade negotiations.

Carney’s four day India visit is aimed at resetting ties, as both countries look to diversify trade away from the United States due to tariff announcements and deepen cooperation in areas such as clean energy, critical minerals and agricultural value chains.

India sealed a free‑trade pact with the European Union in January, while it recently paused negotiations with the United States on a proposed deal, hoping to resume once there is greater clarity following the invalidation of President Donald Trump’s tariffs.

–Reporting by Sakshi Dayal, Shivangi Acharya and Shilpa Jamkhandikar, with files from Glacier FarmMedia.

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The Saskatchewan trip from Feb. 28 to March 6 has been planned for nearly a year to coincide with the annual Raisina Dialogue, a conference on geopolitics and geoeconomics where Moe will speak.

Prime Minister Mark Carney is also traveling to India next week for a couple of days to meet with prime minister Narendra Modi on free trade talks and drum up investment partnerships. Moe and New Brunswick premier Susan Holt will join him for meetings before Carney moves on to Australia and Japan.

WHY IT MATTERS: The Canadian and provincial governments continue to look to expand trade opportunities amid ongoing tariff threats from U.S. president Donald Trump. Canadian pulse growers currently face 30 per cent import duties on yellow peas into India, as well as 10 per cent tariffs on lentils as India protects its own farmers.

Moe told reporters Feb. 25 he hoped to address the agricultural tariffs, particularly because India could raise the lentil tariff to 30 per cent as of April 1.

“The hope today is to not have them increased,” he said.

“We’ll be engaging on that topic.”

However, he isn’t necessarily expecting movement as a result of this trip. He said that will take more negotiation and missions similar to what happened in China with regard to canola tariffs.

Moe said he hopes Carney and Modi will agree to reinvigorate discussion around the Canada-India Comprehensive Economic Partnership Agreement, which stalled several years ago.

That would be a positive step for Saskatchewan, which has exported $18 billion worth of products to India since 2007. In 2025, those exports totalled $1.4 billion.

Asked why Carney would again ask him to join a trade mission, as he did in China, Moe said it’s likely because Saskatchewan has been doing positive work in the market, as evidenced by the trade statistics.

The province is one of the most trade-diversified, selling into 160 countries, and Moe said that’s due to hard work and building relationships.

“I think there’s a recognition by the prime minister that we can be helpful in this space,” the premier said.

“We’re happy to see that we have a prime minister that is willing to look at the economic agreements that we have with these countries, and I think we have a role to play in supporting, advancing, those opportunities. We’ve been waiting some time to have somebody in the room that’s willing to sign a trade agreement with countries like India.”

Saskatchewan provincial budget

Meanwhile, Moe signaled this week that the provincial budget to be delivered next month will have a deficit but no tax increases. He said other provinces have also tabled deficit budgets, and he urged people to compare the deficit per capita once Saskatchewan has introduced its fiscal plan.

“There are revenue challenges due to the trade uncertainty, market uncertainty around the world,” he said.

“We experienced pretty significant agricultural tariffs in our second largest market being China, and that starts to show up, definitely on the revenue line, at the farmgate and at the provincial government level.”

However, he said the Saskatchewan economy is resilient, at least in part because it is so diversified and not dependent on a single commodity or a single market.

The opposition NDP said it didn’t trust the government to provide the province’s full financial picture.

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“We will finalize the terms of reference and are hoping to launch talks for a free trade agreement later this week,” Piyush Goyal told reporters.

— Reporting by Shivangi Acharya

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Gaurav Jain, analyst with AgPulse Analytica, expects the Government of India to hike the existing 10 per cent duty to 30 per cent as of April 1, 2026.

The government has repeatedly told farmers that it will purchase up to 100 per cent of their 2026 lentils, pigeon peas and black matpe at its minimum support prices (MSP).

“If there is a need, they will buy all of it,” said Jain.

The government is already actively buying pigeon peas and black matpe and will soon be acquiring lentils.

Bridging import, MSP price gap

The MSP for lentils equates to US$771 per tonne, while imported lentils are selling for about $600 per tonne after the 10 per cent duty.

That means the government would be losing about $171 per tonne if it purchased lentils from farmers at the MSP and then sold the crop at the prevailing market price.

That’s why Jain and many other industry officials in India believe the government will increase the duty to 30 per cent after the existing 10 per cent duty expires on March 31.

WHY IT MATTERS: India is the top market for Canadian lentils.

That would increase the price of imported product to about $710 per tonne after additional expenses to clear customs and transport the product from port to inland markets.

That would still be below the MSP, but many Indian farmers would choose to sell to private traders because it’s less hassle.

That would ease the burden on the government while raising prices for farmers.

Exporters rush shipments ahead of deadline

Jain thinks a duty hike is inevitable.

“That is why you see a lot of shipments happening in January and early February,” he said.

Lineups of ships destined for India have been strong since December in Canada and Australia as exporters try to take advantage of the 10 per cent duty while it’s still in place.

He anticipates movement to slow down substantially in March.

Exports to Pakistan, Bangladesh and the United Arab Emirates are also expected to subside in late February and March because Ramadan demand from those markets is already fed and they’re entering a post-Ramadan lull.

High yield forecast softens prices

AgPulse is forecasting 1.78 million tonnes of Indian lentil production as the crop approaches harvest. That would be up from the five-year average of 1.51 million tonnes.

Stat Publishing is more optimistic, forecasting 1.99 million tonnes of production.

Either way, it’s expected to be a big crop, and that’s pushing down lentil prices in the country.

Chuck Penner, analyst with LeftField Commodity Research, said with red lentil prices at multi-year lows, he too worries the government will increase import tariffs beyond the existing 10 per cent.

He told farmers attending the Saskatchewan Pulse Growers’ recent Swift Current winter pulse meeting that anything above 30 per cent would not be good for export prospects.

Opportunity rises for green lentil exports

The good news out of India? The country’s short pigeon pea crop, which is sending prices higher and creating opportunity for imported green lentils.

Prices for green lentils have been significantly higher than pigeon peas in India since late 2023.

“Now that we have this thing flipped around, I think we’re going to open the door for more movement of green lentils,” said Penner.

Jain is forecasting India will import one million tonnes of all types of lentils in 2026-27, down from 1.25 million tonnes this crop year, 1.22 million tonnes the previous year and 1.68 million tonnes in 2023-24.

Export outlook dims

This year’s big crop, the anticipated increase in import duties and good carryover from previous years, will all combine to limit imports.

Jain thinks Kazakhstan will grow more lentils in 2026-27, while Turkey’s production should rebound, which could also limit Canada’s exports in the coming year.

“If Canada has an average crop, it may find it difficult to market,” he said.

The Indian government has still not made a decision on lentil tariffs as of Feb. 19.

Lentil market outlook: India import duty hike

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China announced Jan. 16 it was entirely dropping 100 per cent tariffs imposed last March on other Canadian agricultural imports, including yellow peas.

Greg Cherewyk, president of Pulse Canada, said seeing the duty removed from yellow peas brings a sense of relief to growers.

“Canada’s been exporting to China for 30 years, and in the last 10 years, China’s become the largest importer of yellow peas in the world,” Cherewyk said. “To have been shut out of the largest market in the world … was pretty impactful for this industry.”

He also expects Canadian yellow pea shipments to China to resume immediately after the tariffs are lifted, adding that Canada typically exports 100,000 tonnes of yellow peas per month to China on average. However, Cherewyk warned there are many factors which can affect the amount, including demand from the animal feed, human food and pet food industries.

Despite the upcoming removal of China’s tariffs on Canadian yellow peas, India has been imposing a 30 per cent tariff on them since October. Pulse Canada is watching the Indian market closely as numerous factors including food prices, domestic production and politics can abruptly alter India’s trade strategy.

“We always have to be mindful of what’s happening in India. It’s a massive market, an important market for Canada,” he said. “With that being said, we are looking forward to free trade negotiations hopefully soon between Canada and India and hoping to get some predictability.”

Because of India’s tariffs, Pulse Canada has intensified its focus on adding new trade partners for Canadian pulses, with a priority on gaining footholds in the animal feed and pet food markets.

“We have been doing feeding trials throughout what we call the Indo-Pacific or Asia-Pacific, generating interest in that region. We’re doing that work now into Mexico, as well,” Cherewyk said.

“The diversification effort doesn’t stop with the lifting of the tariffs in China. We’ll continue to do that work because it’s still incredibly important that we have other outlets for our products so that we’re not so heavily reliant on a handful of markets in the world.”

Cherewyk added that Pulse Canada is looking to have lentil exports make inroads into the United States and European Union, while also promoting other crops under Pulse Canada’s umbrella.

“From peas to lentils to chickpeas and edible beans to faba beans, there’s work happening in food markets, pet food as well as animal feed,” he said.

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China with the first blow

China dealt a serious blow to Canada’s yellow pea exports in March, as Beijing slapped 100 per cent tariffs on its imports of the pulse crop from Canada, as well as canola oil and meal. The move was a retaliatory measure against Ottawa’s earlier action to impose 100 per cent duties on Chinese-made electric vehicles and 25 per cent on steel and aluminum that went into effect in October 2024.

Pulse Canada said about 500,000 tonnes of Canadian yellow peas in total were exported to China in 2024, with average annual exports of around 1.50 million.

Data from the Canadian Grain Commission showed China’s pea imports from licensed facilities in 2025/26 are a mere 70,400 tonnes. That represents less than eight per cent of the nearly 892,000 tonnes Canada has shipped out so far this year. In 2024/25, China already took in 263,000 tonnes, which were more than 26 per cent of Canada’s pea exports.

India with the second blow

Then throughout much of 2025, India has played something of a cat and mouse game with a series of extensions to its duty exemptions on yellow pea imports. A lack of domestic supply and rising prices led the Indian government to suspend its duties, but not without some bumps along the way.

Back in March, there was a great deal of uncertainty as to what New Delhi was up to as it had missed its own deadline to announce another extension or impose tariffs. Almost two weeks late, New Delhi said it extended the duty-free period to the end of May.

Things seemed to be just fine with India until the proverbial wheels came off the bus at the end of October. Rumblings within the market proved to be true when New Delhi slapped 30 per cent tariffs on all of is yellow pea imports, even though it said earlier the duty-free period would last until March 2026.

Declining prices led India’s pulse growers to push for the duties to be reinstated, and a lot earlier than what the government planned.

Prices & production

Currently, yellow pea prices across Western Canada are C$6.50 to C$7.38 per bushel delivered as of Dec. 19, Prairie Ag Hotwire reported. During 2025, the yellows topped off at a high of C$11.40 and they were C$5.94 at their lowest point.

As for production, Statistics Canada placed the 2025/26 total dry pea harvest at 3.93 million tonnes, up from slightly below three million the previous year.

In Agriculture and Agri-Food Canada’s December supply and demand report, it raised the dry pea carryover to 1.57 million tonnes from 1.20 million in November and 489,000 in 2024/25.

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“Due to a lack of immediate catalysts and seasonal logistical challenges, I don’t believe that there will be significant changes until the new year,” Sargsyan said.

In StatCan’s principal field crop report issued on Dec. 4, it pegged the 2025/26 dry pea harvest at 3.93 million tonnes. That’s nearly 31.3 per cent more from the previous year and well above the five-year average of 3.17 million tonnes.

StatCan put harvested area for 2025/26 at 1.38 million hectares, up from 1.28 million the previous year. Yields climbed to 2.85 tonnes per hectare from 2.34 in 2024/25.

Over the last week, the price for green peas has dropped 75 cents at C$7.50 to C$10.25 per bushel delivered across the western Canada, Prairie Ag Hotwire reported on Dec. 16. Yellow peas lost 50 cents at C$6.50 to C$7.50/bu. delivered.

Trade issues has curtailed any possible hope for a major upswing in pea prices. Earlier this year, China included yellow peas in their 100 per cent tariffs on Canadian canola oil and meal, and more recently, India reimposed its import duties on yellow peas.

“Yellow pea pricing upside will be limited by the increased supply, and the tariffs from the major importers (India/China). There is demand from alternative markets which may cause small rallies. We have seen this from domestic opportunities in southeastern Saskatchewan and Manitoba, which farmers are taking advantage of,” Sargsyan said.

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