Tough Export Competition Drives Global Pulse Prices Down

26-Sep-2025 08:51 PM

Mumbai. Global pulse prices have fallen significantly as Canada, Australia, Russia, and African countries are competing for market share. Pulse prices have fallen sharply by 5 to 20 percent over the past month.

New crops of peas and lentils are arriving in Canada, Russia, and the United States. Harvesting of lentils and chickpeas is expected to pick up pace in Australia, while preparations for the pigeon pea harvest are underway in African countries.

According to trade analysts, the current global pulse market situation is currently unfavorable for Indian farmers, as the sharp decline in global market prices could lead to increased imports.

The import of large quantities of cheap pulses from abroad could continue to pressure domestic market prices. Heavy rains in August-September have damaged the major Kharif pulse crops—tur, urad, mung, and moth. This could deal a double blow to farmers. First, production will decrease, and second, prices will remain weak.

According to trade analysts, prices of all imported pulses have fallen to new lows. There is no significant difference in the export offer prices of pulses from Canada, Russia, and Australia.

The price of yellow peas, in particular, has plummeted. This year, pea cultivation in Canada increased by 9 percent to 1.42 million hectares. Production of 3.2 million tons of yellow peas and 5.5 million tons of green peas is estimated.

Chickpea production in Canada is also expected to jump to 3.4 million tons. Improved production will increase exportable stocks.

Meanwhile, in Australia, desi chickpea production is expected to reach 2.1 million tons, while lentil production is expected to reach a new record high of 1.7 million tons, a robust 34 percent increase.