Canadian pea growers face 100 per cent import tariff into China so continued access to Indian market is welcome news.
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India extends exemption on pea duty
Canadian pea growers face 100 per cent import tariff into China so continued access to Indian market is welcome news
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
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
Chickpeas could help make or break pea market
Canadian pea exports to India soar when the country is short of desi chickpeas, and Australia is looking at a bumper crop SASKATOON — The yellow pea market hinges on one key factor this year, says an analyst.“The outlook is 80 per cent political, 20 per cent fundamental,” said Greg Kostal, president of Kostal Ag […] Read more
Major pulse competitor may face trouble with pea crop
While dry conditions worry Russia's pea growers, the country prepares to become a major threat in global lentil markets
SASKATOON — There are some early-season problems with Russia’s yellow pea crop, according to analysts. “Because of frost and low precipitation in southern regions, conditions are far from brilliant,” Sergey Pluzhnikov, chief executive officer of Russian Pulses Analytics, said in a text message. Related stories: There are also problems in Siberia. Chickpeas and lentils have […] Read more
India extends pea duty exemption to end of October
Analysts uncertain as to whether the move was announced early enough to affect Canadian producers' seeding plans
SASKATOON — India has extended the elimination of its import duty on yellow peas through the end of October. Exporters can now load yellow peas until Oct. 31 instead of June 30, which means some of Canada’s new crop peas can now move to that market duty-free. Related stories: AgPulse Analytica analyst Gaurav Jain said […] Read more
Anti-dumping case may affect pea flow
SASKATOON — A U.S. antidumping investigation regarding Chinese pea protein could change trade flows for Canadian yellow peas in 2024-25, say traders of the commodity. In a preliminary determination handed down Feb. 8, the U.S. Department of Commerce hit two Chinese manufacturers with an anti-dumping duty of 280 percent and the remainder with a 122 […] Read more
India is back in business on peas
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
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
Will India drop pea import restrictions this year?
SASKATOON — Analysts disagree on whether this will be the year that India drops its yellow pea import restrictions. There are some early-season concerns for India’s chickpea and lentil crops. “The acreage will be the same (as last year) but the production will be less because things are not good in India on the climate […] Read more
