Chickpeas: massive drop in production in Australia

September 12, 2022 3:35 PM, Der AUDITOR
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NEW DELHI/CANBERRA. Chickpea production in Australia could be more than 40% lower this season, according to experts. In India, interesting developments are currently taking place in the chickpea market.

Indian market under pressure

The downward trend in the Indian chickpea market continues for the time being. Market players reacted with mixed feelings to the government's recent announcement; the Cabinet Committee of Economic Affairs (CCEA) announced that the National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) will provide 1.5 million mt of chickpeas at a discounted price of USD 10/quintal to assist various states with welfare programmes. NAFED had exceeded its usual purchase limit of 2.3 million mt this season and is said to have a

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