A grain analyst says market uncertainty could mean pulse crop production will drop as much as 20 percent in Saskatchewan this year.
Chuck Penner is a market analyst with Left Field Commodities.
He says a 30 percent tariff on lentils and chickpeas and 50 percent on yellow peas in India, Canada’s biggest customer, will push farmers into other crops this spring.
He sees lentils and peas declining 20 percent in acreage.
“That will be helpful ultimately, for the market.” Penner said. “I think the pea market has a little more room for some decent acres next year. Lentils might continue to be a bit heavier, so a drop in the market may be healthier.”
Penner sees a recovery in prices for peas in the coming year but the outlook for lentils is not as strong because of abundant supplies.