Canadian lentils could fill gap from poor India pigeon pea stocks
Dried Pigeon Pea
Dried Lentil
India
Published Dec 2, 2022
Tridge summary
India should be a red-hot market for lentils this year, according to a panel organized by the Global Pulse Confederation. Rav Kapoor, chief executive officer of ETG Commodities Inc., thinks India will import up to 900,000 tonnes of the pulse crop in 2022-23. That would be a vast improvement over the previous year’s 667,000 tonnes.
Original content
He believes some pigeon pea demand will shift to lentils due to India’s poor kharif harvest, which has resulted in a price spike for the crop. Kapoor believes India harvested a paltry three million tonnes of pigeon peas, down from the previous year’s 4.34 million tonnes due to lower acreage and excessive rain. India will import pigeon peas from East Africa and Myanmar, but it will still be short and will need to augment that with about 200,000 to 300,000 tonnes of imported lentils. That is in addition to the regular lentil demand of about 600,000 tonnes. The imported lentils will come from Canada and Australia, he said. Australia had been anticipating a bumper crop of 1.2 to 1.3 million tonnes of lentils but “the situation in Australia has significantly deteriorated,” said Kapoor. Untimely rains and hail in Victoria, which is one of the main lentil producing states, have hurt production prospects. He is forecasting 600,000 tonnes on the low side to 800,000 tonnes on the high side. ...
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