Chickpea Output May Drop in Canada
VANCOUVER - May 14/10 - SNS -- In its latest monthly review of Canadian chickpeas Agriculture Canada's market analysis branch in Winnipeg predicts seeded area could reach 126,000 acres this year, compared to 104,000 acres last year. This has the potential for production to total 64,000 MT, versus 76,000 last year.
Agriculture Canada pegs exports for 2009-10 at 58,000 MT, down from 60,000 MT last month; and is forecasting exports will reach 45,000 in 2010-11. Domestic use is forecast at 68,000 MT this season and at 38,000 for the coming marketing year.
Season ending stocks are forecast to finish the 2009-10 season at 17,000 MT, versus 15,000 MT last month; while they could finish the coming marketing year at 5,000 MT.
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