Chickpeas: global production set to rise

March 4, 2024 at 4:01 PM , Der AUDITOR
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NEW DELHI/OTTAWA. In India, but also in other important growing countries such as Canada and the Ukraine, the area under cultivation is said to have increased considerably due to favourable prices. This is likely to put pressure on the market in the new season.

Record production is possible

In recent weeks, the Indian chickpea market has been characterised by a downright price collapse, and prices have fallen again this week. However, market experts believe that they have now bottomed out for the time being. The new crop is likely to exert considerable pressure on the market, as a potential record crop is expected not only in India, but also internationally. Last year's good prices have encouraged growers in the Indian growing states of Maharashtra, Gujarat, Madhya Pradesh, Andhra Pradesh and Karnataka to expand their acre

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