STAT Communications Ag Market News

AgCanada Expects Residuals To Tighten

VANCOUVER - Jun 20/14 - 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 85,000 MT from 106,000 acres, compared to 182,000 MT from 198,000 acres in 2013.

Agriculture Canada forecasts exports will reach 85,000 MT in 2014-15, compared to 45,000 MT this season. Domestic use is forecast at 58,000 MT in the coming marketing year, versus 65,000 this season.

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