STAT Communications Ag Market News

Strong Chickpea Outlook Not Guaranteed

VANCOUVER - Jun 30/12 - SNS -- Chickpea markets found some support from seeded area estimates issued by the USDA and Statistics Canada during the week.

While the USDA did not break down seeded area by class, the available data suggests little change from the March seeding intentions.

By contrast, Canadian farmers do not appear to have seeded as many chickpeas as intended. Statistics Canada reported they planted 180,000 acres, up from 125,000 last year, but below an intended 265,000 acres.

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