Chickpeas: farmers pocket high profits

April 29, 2024 at 9:40 AM , Der AUDITOR
Play report as audio

NEW DELHI. Farmers cultivating chickpeas in India are incredibly lucky this season. Pulse imports have risen sharply indicating that the country is becoming increasingly dependent on imports.

Growing dependency on imports

Prices have surged significantly above the Minimum Support Price (MSP) due to a severe shortage of pulse crops and domestic consumption being on the rise. Current market prices in Maharashtra, for instance, range at record highs of USD 72-89 per quintal, whereas the MSP stands at USD 65. This is good news for farmers, who grow chickpeas as they are experiencing considerable profits this season. Maharashtra is the second largest producing state for chickpeas, after top producer Madhya Pradesh.

India’s pulse imports have ris

View related articles

Go to the News Overview
Fruit and Vegetables
Jun 11, 2024
ANKARA. Turkey has set a new record for exports of cereals, pulses and oilseeds – but experts emphasise that this is only possible thanks to a large volume of imports.
Jun 10, 2024
NEW DELHI/OTTAWA. Large production in India is currently meeting weak demand, so prices are receiving little support.
Fruit and Vegetables
Jun 5, 2024
BEIJING. While prices for red kidney beans have skyrocketed in China, the situation is different for black kidney beans. Demand is slowly picking up on the mung bean market.
Jun 3, 2024
NEW DELHI/OTTAWA. Rainfall in Canada has caused sowing to lag behind the average of recent years – this could even result in a smaller acreage. Meanwhile, prices in India continue to rise.