CNS Canada –– Pulse crop prices in Western Canada are holding steady while questions remain about the future of trade with India. India in November imposed a 50 per cent import tariff on peas and in December a 30 per cent tariff was placed on chickpeas and lentils. The tariffs were imposed overnight and left […] Read more
Pulse weekly outlook: Australia makes progress with India, Canada waits
India will continue to import Canadian pulses, AGT says
CNS Canada — Pulse crop trade with India hasn’t been rosy lately but the head of a Canadian pulse shipping and processing company believes the tides will soon change. “India’s going to buy again this year. We’ll have to see what level but we think the recoveries are going to start slowly,” said Murad Al-Katib, […] Read more
India imposes duties on chickpeas, lentils
CNS Canada — India is introducing immediate 30 per cent tariffs on imports of chickpeas and lentils, the country’s government announced Thursday. The import duties follow the 50 per cent tariff on yellow peas India introduced in November, and come as part of ongoing efforts by India to support farmers. “Production of chana (chickpeas) and […] Read more
Give peas a chance — the future looks bright
Acreage may plummet in the coming year, but the new processing plants are laying the foundation for a surge in production
Reading Time: 5 minutes Here’s some counterintuitive advice: Think about growing peas in 2018. That’s a suggestion from Alan Hall, who has kept a close watch on the pulse sector in his role as ‘new initiatives and project hunter’ with the Alberta Crop Industry Development Fund. As such, Hall is well aware of the recent plunge in pea prices, […] Read more
Lentils back at square one heading into 2018
CNS Canada — Lentil prices in Western Canada have dropped significantly over the past year as India’s policy changes and militant actions elsewhere affected markets, according to traders. Green lentil prices in Western Canada lost anywhere from 20 to 36 cents per pound over the course of 2017, according to Prairie Ag Hotwire. Prices are […] Read more
It’s not pretty but it’s not a disaster yet, says top pulse official
India’s pea tariff has roiled markets, but Gordon Bacon urges farmers to wait and see how things play out
Reading Time: 3 minutes Canada’s top pulse official says predictions that India’s bolt-out-of-the-blue tariff could slash Prairie pea acreage by a third are premature. “Things are changing very rapidly right now,” said Gordon Bacon, CEO of Pulse Canada. “India is under a lot of pressure to do something that both provides some price support to their farmers — but acknowledges […] Read more
Canada pans India’s ‘discriminatory treatment’ over pulses
Winnipeg | Reuters — Canada on Wednesday accused India of “discriminatory treatment” against it in a dispute over $1.1 billion worth of Canadian pulse crop exports. Canada normally ships much of the peas, lentils and other protein-rich pulse crops its farmers grow to India, where they are a staple of many diets. But earlier this […] Read more
India pea tariffs part of broader self-sufficiency goal
Winnipeg | CNS Canada — India’s surprise move to impose 50 per cent tariffs on pea imports was a shock to Canadian exporters, but the tariffs were introduced to help India’s own farmers as the country works toward self-sufficiency in pulse production. That’s according to Anurag Tulshan, director of pulse brokerage Esarco Exim Pvt. Ltd. […] Read more
Surprise Indian duty on peas leaves Canada scrambling
Winnipeg | CNS – The Canadian pea industry was shocked Wednesday morning to wake up to a notice from India declaring a 50 per cent tax on pea imports to the country. “This sort of moves us beyond even where India has been before in pulse import duties … more than a decade ago we […] Read more
India doubles wheat import tax, imposes 50 per cent tax on peas
New Delhi | Reuters – India has doubled its import tax on wheat to 20 per cent, according to a government order made on Wednesday, as the world’s second biggest producer tries to rein in imports to support local prices. In the last two years India has been importing wheat after local production fell due […] Read more
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