AgCanada Sees Lower Chickpea Returns

PANAMA - Aug 17/18 - SNS -- In its latest monthly review of Canadian chickpeas Agriculture Canada's market analysis branch in Winnipeg updated its forecast for the 2018-19 marketing year. The first official production estimate will be released by Statistics Canada on August 31.

It thinks production will reach 335,000 MT from 190,000 hectares, compared to 92,000 MT from 68,000 hectares last year.

Agriculture Canada forecasts exports will reach 135,000 MT in 2018-19, compared to an estimated 120,000 last season and 108,000 MT the previous marketing year. Domestic use is forecast at 63,000 MT in the coming marketing year, versus 19,000 last season.