The area planted to canola is likely to dip from the 2017 level if general planting rain for the upcoming winter crop falls later than mid May.
Research into innovative processing techniques to add value to pulses is looking into the prospect of chickpeas sitting on the table alongside corn flakes and rice bubbles as a breakfast food.
Notwithstanding the pain incurred by exporters/farmers from the recent Indian tariffs, Australian farmers have every reason to retain confidence in growing pulses, according to Pulse Australia chairman, Ron Storey.
The Australian sorghum crop now in the early stages of harvest is forecast to produce 1.47 million tonnes (Mt), according to the Australian Crop Report released today by the Australian Bureau of Agricultural Resource Economics and Sciences (ABARES).
The Indian Government’s announcement overnight that it has raised the tariff on chickpeas paid by importers to 40 per cent has further stymied Australia’s trade with its biggest pulse customer.
The Indian Government has agreed to provide forward notice to the Australian grains industry of future increases in tariffs, in a concession given today to Minister for Agriculture and Water Resources, David Littleproud, following meetings in New Delhi overnight.
Two companies owned by pulse processor and marketer Blue Ribbon Group (BRG) have gone into liquidation owing an estimated $11.6 million, including $3.9m to major secured creditor, the Commonwealth Bank of Australia.
Queensland grain growers have welcomed the Federal Agriculture Minister’s announcement that he will travel to India to attempt to a resolve a trade dispute over chickpea imports.
Australia’s newly appointed Minister for Agriculture and Water Resources, David Littleproud has stated he will visit India where he will make representations to the Indian Government about tariffs on chickpeas and lentils.
India’s Parliament has imposed a 30 percent tariff on imported chickpeas and lentils, taking immediate effect.