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,...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
