DELHI - Dec 24/24 - SNS -- The Indian government has extended the deadline for pea shipments to be able the country duty free from December 31 to February 28.
With the rule change, yellow peas shipped with on board bills of lading dated on or before February 28 can enter the country duty free.
Significant quantities of yellow peas have been shipped or are enroute to India. Official import data for the country reveals receipts between January and October now total 2.5 million metric tons (MT), including 318,400 MT in October.
PANAMA - Dec 20/24 - SNS -- Lentil markets closed entered the final days of the calendar year on a mixed note against seasonally slower trading activity.
Exporters and processors continue to work to cover in shipping commitments through the first half of January, but the pace of buying from growers, especially in North America, has slowed.
There is moderate interest in the final USDA production estimate for 2024. Due for release on January 10, the report is not expected to contain major revisions from the September forecast.