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 U.S. dollar continued to strengthen Thursday as persistent inflation reinforced expectations for additional Federal Reserve interest rate hikes. Higher Treasury yields have helped support the dollar, potentially reducing the competitiveness of U.S. agricultural...
Veterans Day offers a moment to pause and recognize the people behind the uniform. To all who have served and the families who have supported them, thank you for your dedication, courage and sacrifice. Markets had plenty of headlines to digest today, and grains offered some encouraging follow-t...
