Reading Time: 2 minutes MarketsFarm — Chickpeas are expected to be in short supply around the world over the next six months, according to a release from the Global Pulse Confederation (GPC). Hot and dry weather in India cut production prospects for that country’s kabuli chickpea crop, according to the report. Production out of Mexico also failed to meet […] Read more
Pulse weekly outlook: World chickpea supplies expected tight over next six months
Pulse weekly outlook: Steady world trade expected in 2023
IGC sees firmer demand for dry peas in particular
Reading Time: < 1 minute MarketsFarm — World trade in chickpeas and lentils is expected to remain relatively steady in 2023, with solid demand from South Asia underpinning markets, according to the latest outlook from the International Grains Council. The IGC sees the world trade in chickpeas in 2023 at about 1.9 million tonnes, which would be unchanged from 2022, […] Read more
Pulse weekly outlook: AAFC report makes minor changes
Revisions mainly in dry peas, chickpeas
Reading Time: 2 minutes MarketsFarm — Following the latest supply and demand estimates from Agriculture and Agri-Food Canada (AAFC), MarketsFarm Pro analyst Mike Jubinville said their numbers “all seem reasonable enough.” There were only a handful of small tweaks to pulses in the AAFC report released Friday. For the most part, the revisions came with dry beans and chickpeas. […] Read more
Pulse weekly outlook: Chickpea stocks down; lentils, dry peas up
Chickpea prices unchanged before report
Reading Time: 2 minutes MarketsFarm — Statistics Canada on Tuesday tallied up increases in commercial and on-farm stocks of both lentils and dry peas, in its report on grain stocks as of Dec. 31, 2022. Unlike those two pulses, however, StatCan reported total stocks of chickpeas decreased, at 185,000 tonnes in December 2022 compared to 311,000 in December 2021. […] Read more
Pulse weekly outlook: Chickpea prices up ahead of India harvest
Early outlook calls for more Canadian acres in 2023
Reading Time: 2 minutes MarketsFarm — Western Canadian chickpea prices are still on the rise while prices for other pulse crops are coming down as supply increases. High-delivered bids for Kabuli and B-90 types of chickpeas rose four cents per pound over the past week, according to Prairie Ag Hotwire on Jan. 23. As a result, the nine- and […] Read more
Pulse weekly outlook: Smaller-than-expected lentil crop may limit exports
Reading Time: 2 minutes MarketsFarm — Smaller-than-expected Canadian lentil production in 2022-23 could limit the country’s export potential going forward, according to an official with Pulse Canada reacting to the latest production estimates. The report from Statistics Canada (StatCan) released Friday contains the first survey-based production estimates of the 2022-23 marketing year, while previous ones used satellite imagery. Most […] Read more
Pulse weekly outlook: AAFC revises dry pea projections
Reading Time: 2 minutes MarketsFarm — Among the changes Agriculture and Agri-Food Canada (AAFC) made in its November supply and demand report, issued Friday, the most notable were among the dry peas. The revisions that stood out the most were 2022-23 dry pea exports being cut by 200,000 tonnes at 2.5 million, while domestic usage was bumped up 50,000 […] Read more
Pulse weekly outlook: Chickpea prices rise amid tight supplies
Supplies still haven't recovered off 2021
Reading Time: 2 minutes MarketsFarm — Chickpea prices in Western Canada are on the rise due to tight supplies, according to one trader. Prices for Kabuli chickpeas rose five cents per pound from last month, with high-delivered bids ranging from 40 cents/lb. for the seven-millimetre variety to 55.5 cents/lb. for 10-mm, according to Prairie Ag Hotwire. In comparison to […] Read more
Pulse weekly outlook: Saskatchewan’s pulse harvest seen as average
Reading Time: < 1 minute MarketsFarm — As the harvest in Saskatchewan wraps up for 2022, pulse specialist Dale Risula said pulse crops were quite good this year — a definite improvement over last year’s drought-stricken production. “Overall for the province we will likely see average production this year, although some areas suffered pretty badly,” Risula said. He said there […] Read more
Pulse weekly outlook: Australia’s winter pulse production mixed
Reading Time: < 1 minute MarketsFarm — Australia’s 2022 winter pulse crop will see its ups and downs, according to a quarterly crop report released Tuesday by the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES). Chickpeas saw the largest projected production decline, dropping 41.5 per cent from the 2021-22 marketing year to 621,000 tonnes this year, Australia’s […] Read more
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