8/9/2018 5:35:00 AM/Categories: General News, Today's Top 5, Livestock, Grains
Shakun Dalal, the U.S. pulse industry’s marketing representative to India forwarded some good news to the USA Dry Pea Lentil Council office that offered, if not relief from retaliatory tariffs, perhaps some hope that India may be softening its stance on instituting a specific tariff against U.S. pulses.
India has announced it will delay the implementation of retaliatory tariffs of approximately $241 million against 29 products from the U.S. by another month-and-a half, including an increase in tariffs on lentils and chickpeas. Keep in mind, India had already placed its maximum tariff of 50% on dry peas, but there are no such limits for lentils and chickpeas.
“The Department of Commerce has suggested to the Department of Revenue that the notification on retaliatory duties against the US be amended to extend the date of implementation by 45 days, beyond August 4,” said the Commerce Ministry in a press release. The additional tariff of 10% on lentils and chickpeas was initially announced on June 20th.
“While the office of the US Trade Representative (USTR) had two rounds of dialogue with Indian officials, a compromise could not be reached. The government is now hoping that the issue can be resolved in the next 45 days,” the official added.
India and the US are also scheduled to hold a strategic trade dialogue next month, and the Ministry of External Affairs is keen that ties between the two nations not be soured prior to that.
India will host Secretary of State Michael Pompeo and Secretary of Defense James Mattis in New Delhi on September 6, 2018.
Northwest Farm Credit Services’ Montana State President Bill Perry has been promoted to Executive Vice President-Lending and Insurance at the company. Megan Shroyer, currently the company’s Montana Senior Vice President-Credit, has been promoted to replace Perry as Montana State President.
The premier event of the Montana Bale Trail is the annual WHAT THE HAY contest. This amazing display of whimsical, cleverly decorated and sculpted hay lines a 22-mile route from Hobson to Utica to Windham. This years event will be held on September 9th. Expect to see over 50 hay bale sculptures. People’s Choice Ballots will be handed out at the contest entrances in Hobson and Windham, beginning at 8 a.m. Live ballot voting ends at 5 p.m.
Helena, Mont. - The Montana Department of Agriculture’s annual Pesticide Disposal Events will be held in several locations across Montana during September. The collection events will be held September 18 in Havre; September 19 in Great Falls; September 20 in Bozeman; and September 21 in Columbus. The annual events have collected more than 586,860 pounds of waste pesticides since it began in 1994.