The chief executive officer of a major Canadian pulse buyer and exporter said Sept. 21 he is closely watching political developments between Canada and India. Murad Al-Katib from AGT Foods told reporters in Regina that waiting and watching is about all the agriculture sector can do right now. He said geopolitical risks are a major […] Read more
Tag Archives India
India’s food inflation battle brightens pea, lentil outlook
Mike Jubinville is bullish peas and lentils despite what he believes is an underestimated Canadian crop. “I don’t feel farmers need to be in an aggressive stance of doing sales right now,” said the MarketsFarm analyst. India has had a disappointing monsoon season. The government has placed export restrictions on rice and wheat, and pulse […] Read more
Poor monsoon may boost Indian lentil imports
Imported lentils could be used as a substitute for pigeon peas, which have been hit particularly hard by the lack of rain
India’s pigeon pea crop is in trouble, which could bolster demand for imported lentils in that country. “The situation for Indian pigeon peas is really bad,” Gaurav Jain, analyst with AgPulse Analytica, said in an email. Farmers planted 10.4 million acres of the crop as of Aug. 25, down five percent from last year. Rains […] Read more
India makes effort to tame rising wheat prices
Even a moderate increase in food inflation tends to anger voters and provides easy ammunition to opposition parties
NEW DELHI/MUMBAI, India (Reuters) — Indian officials are considering a raft of measures to boost domestic wheat supplies and cool local prices that surged earlier this month to their highest level in six months. Last year, India banned wheat exports after a sharp, sudden rise in temperatures clipped output, even as export demand picked up […] Read more
Poor monsoon may boost Indian lentil imports
India’s pigeon pea crop is in trouble, which could bolster demand for imported lentils in that country. “The situation for Indian pigeon peas is really bad,” Gaurav Jain, analyst with AgPulse Analytica, said in an email. Farmers planted 10.4 million acres of the crop as of Aug. 25, down five percent from last year. Rains […] Read more
Russia, India add to world’s growing food security crisis
It was a bad week for the world’s poorest people as Russia’s attacks against Ukraine’s grain export capabilities drove up wheat prices and India halted exports of some types of rice because of worries about an uneven monsoon. These events threaten to worsen food cost inflation, which is a global problem. India’s export halt was […] Read more
India lifts additional duty, re-opens pulse market to U.S.
American exporters are not expected to offer much competition in the lentil market this year because of supply shortages
India is removing the additional duties it has been charging on U.S. peas and lentils since 2018. The 10 percent additional duty on U.S. chickpeas and 20 percent on U.S. lentils were part of a retaliatory package of tariffs in response to the U.S. increasing duties on certain steel and aluminum products from India. “After […] Read more
India lifts duty on U.S. peas and lentils
The U.S. was shipping 300,000 to 350,000 tonnes of pulses to India annually prior to the tariffs. That trade has completely evaporated.
India likely to harvest record wheat crop
NEW DELHI (Reuters) — India is likely to harvest a record 112.7 million tonnes of wheat in 2023, the farm ministry said May 25, reiterating its previous estimate despite lower crop yields due to unseasonal rains in February and March. Earlier this year, torrential rain and hail hit India’s northern, central and western plains, damaging winter-planted crops […] Read more
India is tops in population but not a big food importer
As India grows, could it take over from China as the leading importer of crops and meat?
