# Will bumper crop derail India’s pulses deal with Canada? - The HinduBusinessLine

> Global pulse trade is under pressure as India, the largest producer and importer, harvested a record 23 million tonnes in 2016-17. The kharif 2017-18 first estimate is 8.7 million tonnes, and farm-gate prices have fallen below the minimum support price. Pulse exporters such as Canada face a weaker Indian market.

- Date: 2017-10-25 · published 2017-10-25T12:00:00.000Z
- Category: trade · region India · magnitude low
- Page: https://feedsoft.ai/events/68438-will-bumper-crop-derail-india-s-pulses-deal-with-canada-the-hindubusinessline
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Oversupply in India is depressing pulse prices and weakening demand for imports. This is a sector-specific trade story with little direct effect on the feed commodities covered here.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2019-04-23 | [Will India become a big importer of food? - The HinduBusinessLine](https://feedsoft.ai/events/59576-will-india-become-a-big-importer-of-food-the-hindubusinessline.md) | -1.3% | +7.4% |
| RICE | 2019-01-14 | [The dynamics of India’s rice export boom - The HinduBusinessLine](https://feedsoft.ai/events/61065-the-dynamics-of-india-s-rice-export-boom-the-hindubusinessline.md) | +0.9% | -2.5% |
| RICE | 2018-12-31 | [Pulses, dairy products drive farm exports in April-Nov  - The HinduBusinessLine](https://feedsoft.ai/events/61542-pulses-dairy-products-drive-farm-exports-in-april-nov-the-hindubusinessline.md) | +3.5% | +6.7% |
| RICE | 2021-07-19 | [India’s rice exports likely to top last year’s performance  - The HinduBusinessLine](https://feedsoft.ai/events/46029-india-s-rice-exports-likely-to-top-last-year-s-performance-the-hindubusinessline.md) | +2.9% | +2.3% |
| RICE | 2022-11-01 | [India permits duty-free exports of 6 lakh tonnes paddy to Nepal - The HinduBusinessLine](https://feedsoft.ai/events/38630-india-permits-duty-free-exports-of-6-lakh-tonnes-paddy-to-nepal-the.md) | +5.2% | +8.1% |
| WHEAT | 2019-04-23 | [Will India become a big importer of food? - The HinduBusinessLine](https://feedsoft.ai/events/59576-will-india-become-a-big-importer-of-food-the-hindubusinessline.md) | -4.2% | -0.6% |
| WHEAT | 2021-11-25 | [India to export over 2 mt wheat next two months - The HinduBusinessLine](https://feedsoft.ai/events/44026-india-to-export-over-2-mt-wheat-next-two-months-the-hindubusinessline.md) | -0.8% | -3.5% |
| WHEAT | 2022-01-26 | [India may export record 6.5 million tonnes of wheat this fiscal - The HinduBusinessLine](https://feedsoft.ai/events/43118-india-may-export-record-6-5-million-tonnes-of-wheat-this-fiscal-the.md) | -2.3% | -0.2% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/economy/agri-business/will-bumper-crop-derail-indias-pulses-deal-with-canada/article9924048.ece

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.