STAT Communications Ag Market News

Pulse Output Risk in 2018

PANAMA- Apr 30/17 - SNS -- World pulse production should be little changed this year because of the record rabi season harvest now underway in India, but there remains a significant risk the output will decline in 2018.

Just as last year's kharif season crop reduced demand for green lentils, this year's increase in desi chickpea output should reduce demand for yellow peas, small kabuli chickpeas and desi type chickpeas during the last half of the calendar year.

Markets are paying close attention to whether India's efforts to encourage continued expansion in pulse crop production will be as successful in the coming production cycle. The fact that commercial markets fell below the minimum support price (MSP) for tur or pigeon pea in several regions suggests farmers may prefer to grow other crops.

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