Pulses

Chickpeas: long-awaited precipitation in North America

June 27, 2022 at 12:49 PM, Der AUDITOR
Play report as audio

NEW DELHI/OTTAWA. After persistent price declines, Indian traders are happy about the slight increase last week. The mood on the markets in the USA and Canada is also improving noticeably since the hoped-for rains have arrived.

Lower production in 2022 in India

After Indian chickpeas reached their price peak of over USD 1.40/kg a few weeks ago, a temporary downward trend followed. Last week, however, there was a new glimmer of hope for traders, as export prices climbed by USD 10/mt. According to market players, this is due to various factors. Particular attention is being paid to this year's production, which according to current estimates could be up to 42% lower than last year and is estimated at around 1.5 million mt.

Exchange rate fluctuations currently make it difficult,

View related articles

Go to the News Overview
Fruit and Vegetables
Mar 29, 2023
OTTAWA/MADRID. The cultivation of pulses, including lentils, is to be significantly expanded in Europe, and many countries are already making arrangements. At the moment, the EU is still heavily dependent on lentil imports, which mainly come from Turkey and Canada.
Pulses
Mar 27, 2023
NEW DELHI/OTTAWA. As buyers are not yet satisfied with the quality and moisture content of the new Indian chickpea crop, sales here are currently sluggish. In Canada and the USA, a considerable increase in acreage is expected.
Pulses
Mar 20, 2023
NEW DELHI/OTTAWA. With arrivals picking up in India the prices for chickpeas have declined sharply. Sowing is up in Canada.
Pulses
Mar 13, 2023
NEW DELHI/OTTAWA. Although arrivals are picking up in India, limited supplies are preventing sharp price declines for chickpeas. Prospects for the new crop are highly encouraging.