PULSES & BEYOND CHUCK PENNER LEFTFIELD
where it has been. If it hadn't been for that, I think prices, both in India and globally, would have dropped further. But if Indian farmers see that and aren't too excited about planting lentils, maybe that'll provide a little more demand again, rolling into early 2025. The MSPs for lentils have been rising faster than for other crops. In prior years, it really hasn't been a large influence on the market, but they've raised them so far that it's to the point now where it really is encouraging Indian acreage. And so what we have is a situation where they raised the MSP to well above the market price and so Indian farmers are better off selling to the government and keeping them off of the market. So the market needs to keep its prices close to that MSP or they won't have access to lentils and that tends to keep prices supported. So in some ways, Canadian farmers could be even worse off if it hadn't been for that.
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