North American Pulse Get Good Start

VANCOUVER - Sep 1/06 - SNS -- North American pulse markets are getting off to a relatively good start for the 2006-06 marketing year, helped by yield concerns in western Canada and production problems in other parts of the world.

Well known problems with India's winter or rabi season pulse harvest has forced the country's domestic markets sharply higher. In response, the government slashed its import duty on pulses to zero through March of 2007 and encouraged state-owned trading houses to tender for pulses.

Government buying has, however, paled beside that of private companies, who have been working their way round the world, bargain hunting during each country's harvest. After watching countries like Myanmar, Turkey and France report good buying interest from India, North American exporters began to have their turn in the barrel in late August.

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