STAT Communications Ag Market News

Smaller Canadian Chickpea Crop

VANCOUVER - Feb 23/14 - SNS -- In its latest monthly review of Canadian chickpeas Agriculture Canada's market analysis branch in Winnipeg updated forecasts for 2014.

It thinks chickpea production this year will total 130,000 MT from 173,000 acres, compared to 182,000 MT from 198,000 acres in 2013. It is important to note that Agriculture Canada does not survey growers and its forecasts should not considered official.

Agriculture Canada forecasts exports will reach 85,000 MT in 2014-15, compared to 55,000 MT this season. Domestic use is forecast at 58,000 MT in the coming marketing year, versus 65,000 this season.

Season ending stocks are forecast to finish the 2014-15 marketing year at 120,000 MT, versus 125,000 this season and 54,000 MT last season.

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