Lower tariffs on the horizon for pulse producers: Cropsphere researcher
Market outlooks are always popular events for farmers at the Cropsphere conference, and one researcher had some positive news to share regarding tariffs facing pulse producers.
Chuck Penner with Left Field Commodity research told producers when it comes to pulse crops, the market news is more positive for peas than lentils.
The first topic he dealt with were the steep tariffs placed by India on all pulse crop imports in November 2017. Penner said the government is trying to control the market in advance of a spring election, but very dry weather is starting to become a factor.
“What’s happening now is that it seems that the weather is actually taking the issue out of their hands so they are not able to deal with it quite the same way as before so the weather may force them into some decisions they may not want to do including or could include lowering tariffs in the next number of months,” he said.