Agriculture News

India has again increased its MSP for kharif season pulses and is opening up purchases of our and urad from farmers. lnkd.in/ek5MRgz7

#Lentil deliveries by Canadian farmers have been unusually strong so far during the 2022-23 marketing year., with 69% delivered to the bulk handling system. lnkd.in/e-hriDpg

Canada's ending stocks for #peas and #lentils were higher than initially expected, but still down from the previous year. lnkd.in/eSW89VzJ

Our June 2022 statistical book for international #pulses is now available for free download as a PDF download in our bookstore. Preview books available for purchase or free download at bit.ly/2gujlX1

Markets for #peas and #lentils are in flux trying to understand the impact of the effective closure of the Black Sea to commercial traffic and the sanctions applied against Russia. lnkd.in/d-Ny89k5 lnkd.in/d7mf4KFZ

India revamped its duty structure for #lentils through the end of September, resulting in an overall decrease in total import duties. lnkd.in/d3yYKcpS

Markets for red #lentils are anxious to see Canada's stocks in all positions report on Feb 8, but there is already skepticism over the amount that will be reported on farms. Prices declined again during the past week. They were not…lnkd.in/dUp97-dD lnkd.in/dc3B6yPz

Seeded area for #peas #lentils and #chickpeas in Canada and the United States will be affected by several issues, including competition for land use from oilseeds and worries about spring seeding conditions. lnkd.in/d3BGbiSY

Importers in India are speculating that the government will impose minimum prices for #pulses that are imported into the country. lnkd.in/gsMiV9ZU

Price spreads between red and green #lentils have gotten wider in recent weeks because of competition from Australia and a slow down in export movement. lnkd.in/eD5Srgv5

Markets are not surprised that Statistics Canada lowered the estimated size of this year's #pea and #lentil crops. lnkd.in/eDjqTM28 lnkd.in/eE5_4CuC lnkd.in/eCsMiMud

Markets for red #lentils are coming under increasing pressure because of profit taking by resellers and the pending harvest in Australia. It seems likely the season highs for reds may have already been set, while greens still have upward potential. lnkd.in/gMggZV8W

Western Canada desperately needs a wet fall period and normal snowfall accumulations to restore soil moisture. But, long term forecasts are mixed. If the drought remains in place it may alter seeding choices because of the risk yie…lnkd.in/gVRTegya lnkd.in/gPuQA2ac

Global markets are looking at a supply tighter situation and reduced trade in #lentils because of production declines in net exporting countries. lnkd.in/dz8ZFErF

India's first advance estimate for production during the current kharif season sees a 9.47 million metric ton (MT) pulse harvest, up from 8.69 million last year. There is a chance land in pulses across the 2021-22 production cycle…lnkd.in/eZ7KmpGj lnkd.in/ermR6PiH

North America's #lentil harvest is virtually complete, with Canadian production estimated at 1.802 million metric tons. This has now turned the focus from worrying about output to finding markets for what was grown. lnkd.in/eGQJsAGu

Markets for #lentils received a lot of news in the past week. The U.S. seeded area was revised upwards 22% but production will be down 31% at 231,000 MT. Australia expects a 639,000 MT harvest, down from 769,000. Turkey reduced imp…lnkd.in/e24JDBsC lnkd.in/e-hJTYkc

Production of #pulses is down sharply in Canada, dropping 39% to 4.98 million MT. The #lentil harvest is expected to fall 31% to 1.979 million; #peas 43% to 2.627 million; #chickpeas 71% to 63,000; navy #beans 39% to 88,800; and co…lnkd.in/eFW_M85s lnkd.in/eZDZzVTA

The USDA did not estimate yields for #peas, #lentils, or #chickpeas. If yields are affected similarly to beans the chickpea harvest may drop from 284,300 to 197,500; lentils from 336,000 to 176,000 MT and peas from 988,000 to 539,000 MT. lnkd.in/e86Nv9Ks

Markets are surprised by India's final crop estimate for 2020-21, thinking pulse output is lower than officially estimated. Combine kharif and rabi season output was pegged at 25.72 million metric tons, up 12% from the previous sea…lnkd.in/eWRqN4Wp lnkd.in/eaUrRahC