STAT Communications Ag Market News

Chickpeas Drifting Sideways

PANAMA - May 26/23 - SNS -- International chickpea markets maintained a mostly sideways tone in seasonal trading activity during the past week.

Markets were not overly surprised by India's third advance estimate of combined pulse production across its 2022-23 kharif, rabi and summer cropping cycle.

Chickpea output was pegged at 13.543 million metric tons (MT) from 11.2 million hectares, virtually unchanged from the 13.544 million produced last year from 11.64 million hectares. During the previous five years, total chickpea output averaged 11.57 million MT from 108 million hectares.

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