Uneasiness in Chickpeas
PANAMA - Jun 22/18 - SNS -- International chickpeas markets finished the week's trading on a mixed note, with processors and exporters of medium caliber kabuli product adopting a more aggressive attitude in new crop shipping positions.
Markets participants in Canada and the United States are increasingly worried about the yield potential of this year's crop, and concerned the seeded area reports due at the end of the month could show a bigger than intended increase in seeded area.
Farmers in Canada said they intended to boost land in the crop from 209,000 to 346,000 acres, while growers in the United States indicated area would climb from 623,000 to almost 669,000 acres.
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