Low Prices of Pulses a Cause for Concern
12-Sep-2025 11:32 AM
Low Prices of Pulses a Cause for Concern
★ For farmers, the biggest worry after harvest will be prices. Global markets are under bearish pressure, with major producing nations such as Canada, Australia, Africa, and Russia reporting good crops. Despite rain damage in India, international prices remain weak.
★ Lentil prices are under pressure as Canada’s production in the 2025-26 season is projected at 3.2 million tonnes. Of this, red lentils are expected at 1.4–1.45 million tonnes and green lentils at 1.15–1.2 million tonnes, nearly 60% higher than last year. Australia’s lentil production is estimated at a record 1.71 million tonnes, while chickpea output is seen at 2.1 million tonnes and peas at 220,000 tonnes.
★ Myanmar’s superior quality urad is quoted at $860 a tonne for October, while Brazil’s produce is at $875. Australia is offering desi chickpeas to India at $550 a tonne (Oct–Nov delivery), while Canada’s offer for green lentils is $615 a tonne compared with Russia’s $710 a tonne (Oct). Malawi and Mozambique are offering pigeon peas at $520 and $535 a tonne, respectively. Canada and Russia are offering yellow peas at $350 a tonne to India.
★ Canada has slashed green lentil prices by about 15% in the past month, making them cheaper than Russian offers. Yellow pea prices dropped 2–9% over the past week, seen as the main driver of the current bearish trend.
★ Imports of peas, chickpeas, and lentils from Africa, Australia, Canada, and Russia are expected to begin soon. Imports from Africa and Myanmar are already underway.
