STAT Communications Ag Market News

No 2 B-90 Type Chickpea Grower Price Review in Canada

VANCOUVER - Aug 1/12 - STAT -- Canadian No 2 B-90 Type Chickpea markets finished the 2011-12 marketing year with prices offered to growers soaring 18% above the recent three year average annual price offered to growers in that country.

The average price paid for No 2 B-90 Type Chickpea was CDN$647.61 per metric ton (MT), compared to an average annual bid of $548.89 during the latest three year period for farmers dressed merchandise delivered processing plants.

Analysis of the monthly bid pattern reveals growers the highest monthly average bid was $892.85 per MT in October, while the lowest monthly average bid level was $518.10 per MT in July.

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