STAT Communications Ag Market News

Chickpeas Holding Steady

PANAMA - May 25/18 - SNS -- International chickpea markets were little changed in relatively light trade during the past week.

Markets are watching seeding progress in North America and paying more attention to weather conditions because of the potential for a dramatic increase in production levels.

Seeded area is also expected to be bigger than initially expected in Argentina, with some market participants expecting over 85,000 hectares to be sown. However, half the crop is thought to be in areas where the yield potential could be limited by dry conditions.

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