SASKATOON — India has temporarily dropped all pea import restrictions and that is breathing life into yellow pea prices. The restrictions have been lifted from Dec. 8, 2023, through March 31, 2024. “This is the first time in roughly six years that India has truly opened up to pea imports,” Greg Cherewyk, president of Pulse […] Read more
Tag Archives Peas — page 4
India suspends pea import duty
UPDATE: December 8, 2023 – 1415 CST – for the latest version of this developing story, click here. SASKATOON — India is temporarily dropping its prohibitive import duty on peas. The 50 percent duty is being removed starting Dec. 8, 2023, through March 31, 2024. “This is the first time in six years that we […] Read more
Canadian peas hold their own despite Russian sales
Trade data confirms what analysts had been forecasting: China is buying a lot of Russian peas. The country imported 427,600 tonnes of Russian product during the first four months of the 2023-24 crop year (July to October). That is just slightly less than the 465,940 tonnes bought from Canada. Russia is swiftly moving into a […] Read more
U.S. investigates China for pea protein dumping
North America’s pea protein business is in “grave peril” due to cheap product flooding into the United States from China, according to a U.S. manufacturer of the product. The U.S. International Trade Commission (USITC) appears to agree. It has made a preliminary determination that China is dumping pea protein into the market “at less than […] Read more
Study expects plant-based meat growth
The future for plant-based protein is bright despite recent setbacks, according to a new Ernst & Young study. Demand for the product is expected to be strong in the wake of a global pandemic that led to an economic slowdown in 2022. Ernst & Young is forecasting US$139.4 billion in global plant-based meat sales by […] Read more
Wild varieties may hold disease resistance key
Wild cousins of domesticated crops may hold the key to new genetic traits that could help crops thrive in various conditions or stave off diseases and insect pests.Sabine Banniza is a professor at the University of Saskatchewan where she holds the Ministry of Agriculture Strategic Research Program (SRP) Chair in Pulse Crop Pathology. She has […] Read more
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
Average pulse yields expected to fall this year
The first Canadian pea and lentil yield estimates are out, and they are not encouraging. Chuck Penner, analyst with LeftField Commodity Research, provided his initial forecast in a July 31 article he wrote for Alberta Pulse Growers’ Pulse Market Insight publication. He based his estimates on crop ratings provided by Alberta Agriculture and Saskatchewan Agriculture […] Read more
Pulse sector lowers targets on new-use demand
Industry had originally wanted to create two million tonnes of North American demand for whole split pulses by 2025
Pulse Canada is revamping its market development targets after falling short of its previous goals. In 2018, the organization announced its 25 by 2025 program, a crop-specific strategy for creating demand in new use categories for 25 percent of Canada’s pulses. The goal was to create two million tonnes of new North American demand for […] Read more
Russia sends first pea shipment to China by boat
Exports had previously moved by rail and truck since the two countries signed a phytosanitary agreement last year China has cleared the first ocean vessel of Russian peas, according to a trader of the crop. A ship loaded with 55,000 tonnes of peas that sailed from the Port of Novorossiysk has passed inspection by China’s […] Read more
