STAT Communications Ag Market News

Government News Dominates Peas

Vancouver - Mar 27/10 - SNS -- Governments remained a factor in field pea markets during the past week, with India finalizing its decision to extend all pulse import and export policies for another year.

State trading companies are again mandated to buy up to 1.5 million metric tons (MT) of pulses for resale to the commercial sector, with the government covering anything up to a 15% loss.

They are also mandated to buy pulses for sale to state governments for distribution to the poor.

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