Bigger Crops Threaten Tempest
PANAMA - Sep 5/16 - SNS -- World pulse output will rise during the 2016-17 marketing year production cycle because of increased production in net exporting countries and on the Indian subcontinent. This should see the world pulse price index trend lower because of supply-based weakness in markets for field peas, lentils and chickpeas.
Myanmar is India's most important dry edible beans supplier. Unusually strong markets for black mapte and other types in the Vigna genus have encouraged farmers in the country to expand area.
Production has the potential to advance from 3.68 to 3.87 million metric tons (MT), allowing the country to try to expand exports from this year's estimated 1.4 million to a forecast 1.44 million in 2017.
Rising bean production in Myanmar comes at a time when India also expects production of beans in the Vigna genus to rise. Above average monsoon rains have combined with strong domestic markets relative to other field crops to encourage farmers to plant record areas of kharif season pulses. By the beginning of September it appeared likely that a record 15 million hectares would be sown.
Only active subscribers can read all of this article.
If you are a subscriber, please log into the website.
If you are not a subscriber, click here to subscribe to this edition of the STAT website and to learn more about becoming a subscriber.
