World Chickpea Supply Rising
PANAMA - Dec 3/16 - SNS -- International chickpea markets finished the week little changed against a tight supply and demand situation on spot markets.
The longer term supply outlook looks increasingly plentiful against efforts by India and Turkey to encourage pulse production as well as an anticipated production response in other origins because of this year's high market values.
The biggest change will be in desi chickpea output. Australia is now harvesting its crop. The last production estimates were released in September, at which time the crop was pegged at a record 1.18 million metric tons (MT) of desi and 58,500 MT of kabuli chickpeas.
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