Chickpeas: North America's acreages are shrinking

May 16, 2022 2:44 PM, Der AUDITOR
Play report as audio

NEW DELHI/OTTAWA. Not only in Canada, but also in the USA and Argentina, smaller chickpea acreages are expected this season. This is likely to increase interest in Indian goods, also because availability in the Black Sea region is declining significantly.

Good sales on the domestic market

The Indian chickpea market has again seen a slight decline in prices compared to last week. Market players report that sales on the domestic market have been satisfactory for several weeks and the quality of the available goods is reported as good. For this reason, market experts expect prices to remain at a fairly stable level for the time being. The suppliers prefer to offer their goods in larger quantities, so that buyers sometimes have difficulties buying small quantities. The outlook for the export market is less rosy

View related articles

Go to the News Overview
Jun 20, 2022
NEW DELHI. Indian growers are pursuing a strategic plan to drive the permanently declining prices for chickpeas back up - and their plan might actually work. Meanwhile, the government continues to buy large quantities.
Jun 13, 2022
NEW DELHI. The Indian government is currently buying large quantities of chickpeas to the relief of farmers, with the minimum support price even being almost a fifth above current spot market prices. Overall, inflation is giving market players a hard time.
Fruit and Vegetables
Jun 13, 2022
BEIJING. For both red kidney beans and mung beans, Chinese market players expect smaller acreages this year. This is already having an impact on prices.
May 30, 2022
NEW DELHI. As inflation has hit an eight-year high in India and the government is hiking interest rates this has impacting trading activities for chickpeas. Rumour also has it that a massive policy change for agricultural imports is in the making. This high degree of uncertainty is giving rise to scepticism and speculations.