Brief by Shorts91 Newsdesk / 07:27am on 27 Sep 2023,Wednesday Business
Canadian lentil sales to India have slowed following Canadian Prime Minister Justin Trudeau's allegations of Indian involvement in an assassination on Canadian soil. Canada is a significant supplier of lentils to India, and reduced purchases could impact Canadian farmers' prices while potentially inflating India's domestic food prices. Industry concerns have arisen about potential trade restrictions due to tensions between the two nations. However, India has not instructed importers to halt purchases. Despite high lentil prices in India, offers for Canadian supplies dropped 6% after Trudeau's comments. Indian buyers are now turning to Australia as an alternative source.
