Trade Talk

April 4, 2024

Top Grain’s Ivan Basov on the Russian market/
“The current margins on lentils are the best promotion for farmers”

Top Grain’s Ivan Basov on the Russian market: Top Grain’s Ivan Basov on the Russian market / “The current margins on lentils are the best promotion for farmers”

Lara Gilmour

Director of Policy & Sustainability - GPC

At a glance


  • “Farmers are increasing acres of yellow peas. If we have the rains, we are going to have a bigger crop.” 
  • “Russia will increase production but another challenge is that the price will be less if India extends yellow pea imports.”
  • “When we were paying US$1000 per MT of lentils from the farm - and in advance -, it was a very good promotion for lentils. The margins are the best promotion.”

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