The problem with pulses in three charts
A combination of high production and huge imports broke the back of the price rise in pulses, which in turn seems to have also broken the back of farmers
Farmers are fuming about the fall in the price of pulses. Chart 1 shows the reason. Wholesale prices of pulses in May 2017 were lower by almost one-fifth from a year ago. But look a bit more carefully at the chart and you will see that in May 2016, pulse prices were up an extraordinary 31%. And if you go back a year further, to May 2015, the chart shows pulse prices were up 22%.