Farms.com Home   News

Canada’s two major pea customers have import tariffs.

There is a difference between the Chinese and Indian pea tariffs—the ones imposed by China earlier this year were political, while the duties imposed by India are designed to protect its domestic farmers.

It does not make much difference for a Western Canadian pea producer—a tariff is a tariff. India’s 30 per cent tariff impacts all countries, including Canada.  The 100 per cent Chinese tariffs on yellow peas and canola earlier this year were in retaliation for Canadian duties on Chinese electric vehicles and steal.

The Chinese trade tariffs have caused domestic yellow pea prices to drop 43 per cent since spring.

More peas may have to head to the feed market, which would impact prices for other grains.

CJWW Agriculture Director Neil Billinger spoke to Pulse Canada President Greg Cherewyk on Thursday afternoon, just before he boarded a flight to China to attend two major food expos next week.  The interview covers the Indian pea tariff, negotiations with China and efforts to find other markets for Canadian peas.

Click here to see more...

Trending Video

Wheat Futures Head for the Moon on Escalating Drought Concerns

Video: Wheat Futures Head for the Moon on Escalating Drought Concerns


???? Wheat surges on drought: Prices jumped to multi-week highs as worsening dryness grips the Plains, with 70% of winter wheat in drought. Corn edged higher, while soybeans slipped.

??????? Mixed weather pattern: Rain improved parts of the Corn Belt, but drought worsened elsewhere—especially the High Plains and Kentucky. Nebraska conditions sharply deteriorated, with 56% in extreme drought.

????? Oil spikes on tensions: Crude climbed over 3% near $96 as Iran keeps the Strait of Hormuz restricted, while fragile ceasefires keep geopolitical risk elevated. ???? Pulses gain favor: Farmers are shifting to peas and lentils as a rare profit opportunity, driven by strong protein demand and lower input costs.

???? Exports mixed but solid: Corn sales dipped week-over-week but remain strong overall; soybean and wheat sales showed mixed trends, with steady global demand.