Reading Time: < 1 minute India bought canola oil for delivery in August for the first time in nearly five years, as local prices hit a three and a half-year high, making overseas purchases lucrative, industry officials told Reuters.
Tag Archives India
India imports canola oil after 5 years as local prices surge
India’s Modi vows to protect farmers, cuts tax, pushes self-reliance amid Trump tariff tensions
Urges self-reliance
Reading Time: 3 minutes Indian Prime Minister Narendra Modi urged the country on Friday to move towards more self-reliance, manufacture everything from fertilisers to jet engines and EV batteries, and vowed to protect farmers in the face of a trade conflict with Washington.
Trump’s higher tariffs hit major US trading partners, sparking defiance and concern
Higher tariffs likely to impact global supply chains and inflation
Reading Time: 4 minutes U.S. President Donald Trump's higher tariffs on imports from dozens of countries kicked in on Thursday, raising the average U.S. import duty to its highest in a century and leaving major trade partners such as Switzerland, Brazil and India hurriedly searching for a better deal.
Farm goods holding up U.S.-India trade talks
Reading Time: 2 minutes U.S. and India trade negotiators were pushing on Wednesday to finalize a tariff-reducing deal ahead of President Donald Trump's July 9 negotiating deadline, but disagreements over U.S. dairy and agriculture remained unresolved.
Indian rapeseed meal exports soar as China replaces Canadian canola supply
China placed Canadian canola oil, meal under a 100 per cent tariff in March
Reading Time: 2 minutes China is set to make record purchases of rapeseed meal from India following Beijing's move to impose a 100 per cent retaliatory tariff on Canadian canola imports, senior industry officials said.
Carney, Modi hold talks to reset India and Canada ties after tense two years
Canadian farmers hope to export more products, including lentils, to India says Pulse Canada
Reading Time: 2 minutes Canadian and Indian prime ministers Mark Carney and Narendra Modi held on Tuesday what they called a productive first bilateral meeting since then-Prime Minister Justin Trudeau accused New Delhi in 2023 of involvement in the killing of a Canadian Sikh separatist.
USDA makes small cuts to corn, wheat ending stocks
Few changes the central theme in June report
Reading Time: < 1 minute The June supply/demand report from the United States Department of Agriculture contained very few changes from May. The USDA issued its World Agricultural Supply and Demand Estimates on June 12, showing some declines for U.S. corn and wheat ending stocks, while those for soybeans were unchanged.
India’s Modi to attend G7 summit in Canada
India and Canada to work together “with renewed vigour”
Reading Time: < 1 minute India's Prime Minister Narendra Modi said he looked forward to meeting his Canadian counterpart Mark Carney during the G7 summit, after the latter invited him to the gathering over a phone call on Friday.
Pulse Weekly: India grants 10-month extension on duty-free yellow peas
‘Important news for our industry’ says Pulse Canada president
Reading Time: 2 minutes There is some good news for the Canadian pulse industry after months of doldrums as the Indian government extended its duty-free period on its imports of yellow peas by 10 months. The Indian government made the announcement late in the day on May 30.
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
Reading Time: 2 minutes Canadian pea growers face 100 per cent import tariff into China so continued access to Indian market is welcome news.