Global Pulses Trending Upward
PANAMA / Jan 25/20 - SNS -- Production problems in many net exporting countries has changed the tone of international pulse markets, with prices for many commodities looking like the recent upward trend in prices will be maintained. That could be the case through at least this year's northern hemisphere harvests.
As was the case with India's kharif season crop, farmers in many parts of the world faced significant weather challenges this year.
Unusually dry conditions in Australia have been making headlines because of widespread bush fires. By contrast, farmers in India, Canada, the United States, and parts of Europe struggled with excess rain during planting.
The resulted in seeding delays not only increased the risks of poor weather during harvest, but in general, the later crops are seeded, the lower their yield potential.