India's exemption on yellow pea import duties has been extended to Dec. 31, 2024, from the previous deadline of Oct. 31, 2024. | File photo

Growers welcome extended pea duty exemption

SASKATOON — India is extending its exemption on yellow pea import duties for another two months. “This is an important bit of good news for the industry,” said Pulse Canada president Greg Cherewyk. Related stories: “Certainly, at this point of the year it’s incredibly important.” The exemption has been extended to Dec. 31, 2024, from […] Read more

If India extends its exemption on pea import duties past the current Oct. 31, 2024, expiry date it will spark another round of demand from that country, Rav Kapoor, chief executive officer of ETG Commodities Inc., said during a recent Global Pulse Confederation (GPC) webinar. | File photo

Producers await India’s decision on pea import duty

Prices are expected to remain stable if an exemption is extended this fall but drop if the government re-instates the duty

SASKATOON — The yellow pea market hinges on a looming policy decision in India, says an industry official. If India extends its exemption on pea import duties past the current Oct. 31, 2024, expiry date, it will spark another round of demand from that country, Rav Kapoor, chief executive officer of ETG Commodities Inc., said […] Read more

Statistics Canada is estimating Canadian farmers will harvest 2.5 million tonnes of lentils, up from 1.67 million tonnes last year. One analyst thinks it will be 100,000 to 150,000 tonnes smaller than that with the entire reduction coming from red lentils. | File photo

Red, green lentils take different paths

A large global supply is expected to pressure red lentil prices, while demand for green lentils will likely remain strong

SASKATOON — Lentil markets will be a tale of two colours this year, according to industry officials. The red lentil outlook is decidedly bearish. Related stories: “We haven’t seen this kind of a red lentil supply glut in almost five years,” Rav Kapoor, chief executive officer of ETG Commodities Inc., said during a recent Global […] Read more