MUMBAI (Commoditiescontrol) - Chickpea exports are forecast to fall sharply from 2017-18 due to reduced demand from the US and Turkey. The US and Pakistan have been the main markets for Canadian chickpeas to-date. Carry-out stocks are expected to rise to record levels. The average price is forecast to fall sharply, due to lower world demand and higher carry-out stocks. US chickpea production is estimated by USDA at a record 0.4 Mt, up sharply from 2017-18, largely due to record area.
For 2019-20, the area seeded is forecast to fall from 2018-19 because of expectations for lower returns relative to other pulse crops. As a result, production is expected to decrease sharply to 130 kt. Supply is expected to decrease only marginally from last year as the lower production is partly offset by large carry-in stocks. Exports are forecast to be higher than the previous year and carry-out stocks are expected to fall but remain burdensome. The average price is forecast to be higher than 2018-19 due to expectations for a decrease in world supply and therefore an increase in world demand.
| Chickpeas |
| CANADA: PULSES AND SPECIAL CROPS SUPPLY AND DISPOSITION (January 24, 2019) |
| Grain and Crop Year (a) |
Area Seeded |
Area Harvested |
Yield |
Production |
Imports (b) |
Total Supply |
Exports (b) |
Total Domestic Use (c) |
Carry-out Stocks |
Stocks-to- Use Ratio |
Average Price (d) |
| |
------ thousand ha ------ |
t/ha |
--------------------------------- thousand tonnes ---------------------------------- |
% |
$//t |
| 2017-2018 |
68 |
68 |
1.49 |
102 |
48 |
151 |
116 |
34 |
1 |
1 |
950 |
| 2018-2019f |
179 |
176 |
1.77 |
311 |
25 |
337 |
90 |
67 |
180 |
114 |
500-530 |
| 2019-2020f |
75 |
74 |
1.76 |
130 |
18 |
328 |
100 |
68 |
160 |
95 |
520-550 |
(By Commoditiescontrol Bureau; +91-22-40015513)
0 Comments 
Post Comment 
