Reading Time: 2 minutes Winnipeg | CNS Canada — India’s surprise move to impose 50 per cent tariffs on pea imports was a shock to Canadian exporters, but the tariffs were introduced to help India’s own farmers as the country works toward self-sufficiency in pulse production. That’s according to Anurag Tulshan, director of pulse brokerage Esarco Exim Pvt. Ltd. […] Read more
India pea tariffs part of broader self-sufficiency goal
Peas hold range ahead of upcoming production
Reading Time: 2 minutes CNS Canada — A policy extension from major pulse buyer India has brought short-term support to Canada’s dry pea market, but values are hanging in a range, price- and demand-wise. India in late March extended its fumigation policy requirement for three months, allowing the market some breathing room, though officials still hope to come to […] Read more
Limited farmer selling keeping pea prices steady
Reading Time: 1 minute CNS Canada –– Prairie pea prices are steady, but farmers are holding out, according to one trader, as emerging new-crop bids grow in strength. “I think what’s moving prices is simply the expectation that (they) can’t go that much lower,” said David Newman of Victoria-area pulse trading and processing firm Commodious Trading. A lack of […] Read more
Green, yellow pea markets stop moving in tandem short-term
Reading Time: 2 minutes CNS Canada –– Canada’s green and yellow pea markets typically move together, as each market pulls the other up or down, but they seem to have broken out of that cycle, a Victoria-based trader says. Green peas prices have edged lower on a lack of demand, while yellow peas have gained ground. The last time […] Read more
India’s drought a bonanza for Canadian pulse growers
Reading Time: 2 minutes Winnipeg/Mumbai | Reuters — Prices for Canadian pulses typically ease toward the end of the year but a recent dry spell in distant India, the world’s top producer and consumer, is driving them up. Back-to-back drought years for the first time in three decades has eroded India’s output of pulses and boosted imports. Global prices […] Read more
Prairie pea yields appear lower in early harvest
Reading Time: 2 minutes CNS Canada — Western Canada’s pea harvest has begun and yields appear to be down, according to a crop management specialist with Saskatchewan Agriculture. “Once farmers cut into the peas they began finding yields maybe half of what they typically expected,” said Shannon Friesen. Excess dryness in the early summer seems to have taken its […] Read more
Pea growers weigh demand opportunities against root rot
Reading Time: 2 minutes CNS Canada — Pea acreage in Western Canada could rise by five to 10 per cent this year, according to one industry expert, who notes root rot threatens to curtail that projection. Demand from India, China and Bangladesh is strong and that means total pea area could hit four million acres, said Carl Potts, executive […] Read more
Peas back at historical spreads in Western Canada
Reading Time: 2 minutes CNS Canada — After two years of an abnormally large price spread between green and yellow peas in Western Canada, the relationship between the two crops is nearer normal levels. The yellow pea market has moved up a little in recent weeks, but the green market “is not that interesting,” said David Newman of Commodius […] Read more
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