STAT Communications Ag Market News

Peas Getting Nervous Over India

PANAMA - Nov 1/24 - SNS -- International field pea markets finished the week on a slightly easier note as the window for making additional sales to India narrows and competition for available demand increases.

At the moment, India's window for duty free imports of yellow peas will close for cargo shipped with an on board bill of lading dated no later than December 31.

The has been some background speculation India will extend the window or include green peas. But indications that country's farmers are showing good initial interest in planting more pulses and other rabi season crops raise the political cost of expanding the current policy.

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