Chickpeas Expected to be in Short Supply

The Global Pulse Confederation says that chickpeas are expected to be in short supply around the world over the next six months.

Hot and dry weather in India cut production prospects for that country’s kabuli chickpea crop.

Production out of Mexico also failed to meet expectations.

As a result, the world kabuli market is out roughly 100,000 tonnes of product.

The tighter Indian balance sheet should cause world prices to rise, unitl new-crop North American supplies will once again be available.

With India at a deficit, the major chickpea customer will need to increase its import volumes and all eyes will be on Russia, Canada, the U.S. and Turkey to make up supplies.

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