Chickpeas: good yield prospects in Canada

June 24, 2024 at 11:01 AM , Der AUDITOR
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NEW DELHI/OTTAWA. Although conditions during chickpea sowing are not optimal, growers in Canada are expecting high yields. A bumper crop is also expected in India.

Trade remains profitable

Although Indian chickpea prices have managed to climb by USD 10/mt compared to last week, market experts do not expect further price increases. The large stocks and the expected high production tend to favour stability, if not slight price declines. Nevertheless, trading, especially the popular Kabuli variety, is likely to prove profitable again this season. Indian production is estimated at around 3 million mt this year, compared to just under 1.8 million mt last year. The massive increase is mainly due to greater sowing and favourable weat

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