CNS Canada — India is forecasting an average monsoon rainfall this year, making the chance of India importing Canadian pulse crops slim. “Given the tariff scheme and the protectionist attitudes India has displayed this year, I think it will take a major weather influence to hurry up the correction to (imports),” said Marlene Boersch, managing […] Read more
Pulse weekly outlook: Monsoon outlook bearish for Canadian crop
Normal monsoon season expected for India
Reading Time: < 1 minute The India Meteorological Department is suggesting this year’s monsoon season will be average, the Times of India reports. The newspaper points to a recent weather bulletin from the agency saying El Niño won’t be a factor during the summer rainy season. The weather pattern — an abnormal warming of the ocean surface in central and […] Read more
Pulse weekly outlook: India not a guaranteed market
CNS Canada — Despite positive developments between Canada and India in regards to pulse crops, the CEO of Pulse Canada is warning producers not to rely on India as market for pulses. “India is not the market that it was eight months ago and it emphasizes the need to find alternate markets,” Gordon Bacon said. […] Read more
Pulse weekly outlook: Alberta pea area tries to hang on
CNS Canada — Despite a drop in spot prices due to tariffs imposed by India on peas, one industry expert says she isn’t convinced that means acreage will drastically be reduced in Alberta this spring. “I think we’ll see a little bit of a drop, but I don’t think it will be as impactful as […] Read more
Troubled pulse trade generating lots of headlines
Tariffs, fumigation, and prime minister’s India trip have put the crop into the media spotlight
Reading Time: 3 minutes The politics of pulses haven’t reached White House levels yet, but the unassuming legumes are generating headlines like never before. The latest ones include another hike in India’s tariffs, a pledge to resolve a long-running dispute over fumigation, and a new attempt to shield Indian farmers from falling prices. Justin Trudeau appeared to have ended […] Read more
India hikes chickpea duty again
CNS Canada — The Indian government has raised its import tariff for chickpeas for a second time, this time from 40 per cent to 60 per cent. The government said Thursday in the Gazette of India its tariff is to be imposed immediately, due to circumstances which make it necessary to take immediate action. Reuters […] Read more
Pulse weekly outlook: Chickpeas a bright spot
CNS Canada — Western Canadian farmers may be set to plant fewer lentil and pea acres this spring, but chickpeas are looking to be one pulse crop that stands out. “Acres are definitely going to increase significantly,” said Colin Young of Midwest Grain at Moose Jaw. He expected to see a doubling in area from […] Read more
India to double state purchases of oilseeds, pulses
New Delhi | Reuters — India’s cabinet approved on Wednesday doubling state purchases of oilseeds and pulses from farmers, in a bid to boost local output and prevent distressed sales. The amount that state agencies guarantee to buy at pre-set prices will double to 190 billion rupees (C$3.7 billion) for a five-year period ending in […] Read more
India, Canada to work up pulse export protocols
The prime ministers of Canada and India have agreed to sort out new and predictable rules governing exports of Canadian pulse crops. Prime Minister Justin Trudeau, on a state visit this week to India, released a joint statement with India’s Prime Minister Narendra Modi on Friday calling for the two countries to reach a new […] Read more
Pulse weekly outlook: Prairie market ‘nonexistent’ due to trade dispute
CNS Canada — As the western Canadian pulse crop industry awaits news from Prime Minister Justin Trudeau’s visit to India, two traders aren’t holding their breath. “I’m not expecting any big announcements or any big headway other than wording like ‘working towards understandings’ and things like that,” said Adam Krieser of Canpulse Foods in Saskatoon. […] Read more
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