Beijing | Reuters — China on Tuesday said it would remove import tariffs on animal feed ingredients including soybeans from five Asian neighbours, in a sign that Beijing wants to boost foreign supplies of the commodities as a trade dispute with the U.S. escalates. The Ministry of Finance said it would drop tariffs on soybeans, […] Read more
China drops import tariffs on feed ingredients from Asian neighbours
Pulse weekly outlook: Canadian exports face market changes
CNS Canada — After a year in which Canada’s largest pulse buyer, India, imposed import tariffs, Canadian pulse crops are seeing a shift in export dynamics. Lentil and pea exports in Canada are down this year compared to last. According to data from the Canadian Grain Commission, as of June 17, lentil exports were at […] Read more
Pulse weekly outlook: Lentil crop prospects look good, market down
CNS Canada — The western Canadian lentil crop is looking good, which has buyers in no rush to lock in contracts. “The crop is germinating well and so (buyers are) not really anxious or worried about having product available in this coming crop year,” said Marlene Boersch, of Mercantile Consulting Venture. Thursday’s crop report from […] Read more
With deal to close this week, Bayer to retire Monsanto name
Frankfurt | Reuters — Germany’s Bayer will wrap up the US$63 billion takeover of Monsanto on Thursday and also retire the U.S. seed and chemical firm’s 117-year-old name. The German drugmaker had received all required approvals from regulatory authorities, it said in a statement on Monday. “Bayer will remain the company name. Monsanto will no […] Read more
Pulse weekly outlook: Large U.S. crop possible, despite reduced acres
CNS Canada — Farmers in the U.S. may have planted fewer pulse acres in 2018 compared to the previous year — but the reduction was likely not as large as forecast by the U.S. Department of Agriculture. A return to average yields would also still result in big supplies overall, after poor crops in 2017, […] Read more
Some Indian trader, farmer groups decry Walmart’s Flipkart deal
New Delhi | Reuters — A day after U.S. retail giant Walmart struck its largest deal with a big ticket investment in Indian online marketplace Flipkart, a right-wing Hindu group that fears small traders will suffer staged a protest in New Delhi calling for the deal to be scrapped. Walmart said on Wednesday it would […] Read more
Pulse weekly outlook: Saskatchewan acreage ideas hold firm
CNS Canada — Disruptions in marketing to India may have cut into prices for peas and lentils over the past year, but farmers in Saskatchewan did not shift their pulse acreage intentions for 2018 all that much according to the results of Statistics Canada’s latest survey, released Friday. Saskatchewan farmers intend to seed 2.171 million […] Read more
Confusion surrounds India’s latest pea import curb
The fine detail in the announcement of a new cap on pea imports into India has led to new uncertainty over whether the cap applies to yellow peas, or all peas. India’s commerce and industry ministry announced Wednesday that pea imports between April 1 and June 30 this year are now restricted to a total […] Read more
India further restricts yellow pea imports
India has restricted yellow pea imports until the end of June, according to an official statement from the Indian government. In a release to be published Wednesday in the Gazette of India, the Indian government restricted yellow pea imports from April 1 to June 30. In that time only one lakh tonne (100,000 tonnes) of […] Read more
Pulse weekly outlook: Prairie lentils look for spark
CNS Canada — It’s not exactly a banner time for the lentil market. Prices have been steady to slightly lower over the past month as lacklustre interest and Indian tariffs on peas and chickpeas have largely dissuaded farmers from planting pulses in general. “I think the impact and extension of the impact of the Indian […] Read more
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