STAT Communications Ag Market News

Chickpeas Mull Demand Potential

PANAMA - Jun 17/22 - SNS -- Chickpea markets maintained their quiet tone through the past week, with kabuli chickpeas supported by lower than expected production in Mexico.

At the same time, combined output in Canada and the United States is expected to advance from 212,000 to 289,000 metric tons (MT) if this year's yields are at their recent five year average and farmers planted their in tended 479,000 acres.

There is optimism yields in Canada will be at least average because of improved moisture conditions in much of the growing area, but doubts remain about the yield potential of Montana, which was expected to account for 46% of the U.S. seeded area.

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