What Does India’s Pea Tariff Mean for the 2018 Crop
The recent Indian pea tariff is a source of deep consternation for some, and yet it is not surprising for others. Folks with the latter view point to the recent softening of demand for peas from India. For example, in 2015, 67.4% of India’s pea imports were of Canadian origin. In 2016, this number had dropped to 52.4%. Many point to recent favourable growing conditions in India that created larger domestic supply as the main cause for the tariff that has left many world sellers, especially those in Canada, shell-shocked.