Pulses Demand, Supply and Prices India has been importing large quantities of pulses/lentils over the years. That slowed in the last year, however, as domestic production has increased because of higher Minimum Support Prices (MSP). Khariff pulses production is expected to rise from 6 MMT in 2013/14 to an estimated 9.22 MMT in 2018/19. Meanwhile, the rabi production grew from 11.03 MMT in 2011/12 to 15.89 MMT in 2017/18 with 15.1 MMT the target for 2018/19. The combined total for both seasons is about the same as India’s overall demand of approximately 24 MMT.
India’s self-sufficiency in pulses has prompted the Food Safety and Standards Authority of India (FSSAI) to order the testing of imports for glyphosate, an herbicide,...
What You Need to Know Today: The Trump administration announced new tariffs of 10 percent to 12.5 percent on imports from 60 major U.S. trading partners as part of a Section 301 action aimed at combating forced labor in global supply chains. Countries that have agreed to adopt and enforce bans...
Key Takeaways: Grain futures pulled back sharply in overnight trade Friday on rumors that Ukraine proposed two possible options for ensuring civilian vessel safety in the Black Sea. Both Russia and Ukraine have recently targeted civilian vessels carrying oil and grain in the Sea of Azov...
Just when we thought it was safe to step outside and enjoy some certainty in the world of international commerce, the Trump Administration announced on Thursday afternoon a barrage of tariffs on 60 countries based on its recent Section 301 investigations. Section 301 permits the executive branc...
