Exim News

Canada's peas acreage set to fall as top buyer India imposes tariff

India's decision to impose a steep tariff on pea imports could jeopardize $1 billion worth of pulse trading with Canada, which may cause farmers there to trim their pea acreage by nearly one-third.

Earlier this month, India imposed a 50 percent import tax on peas, as pulse prices fell below their government-set support levels because of record output.

The duty is expected to lift domestic pulse prices and spur farmers in India, the world's biggest buyer of pulses, to boost pul .. 
 

 

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