Australia: Chickpea values dip as Indian demand plateaus after big crop

게시됨 2024년 11월 5일

Tridge 요약

Australian chickpea prices have seen a decline despite tariff-free access to India, the world's largest consumer, due to increased competition, stronger Indian domestic supply, and supply chain constraints. Factors such as a good monsoon season, competition from Russia, and heavy selling by Australian growers have led to historically high prices falling significantly. The Australian crop is estimated to be 1.3 million tonnes, but private forecasters predict a higher yield. The diplomatic dispute between India and Canada is not expected to affect lentil trade, and Australia's lentil harvest is projected to be average, with larger plantings offsetting dry conditions in some areas.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

Australian chickpea prices have come under significant harvest pressure in spite of tariff-free access into India, the world's largest consumer of the pulse crop, for the first time since 2007. The Australian industry was upbeat about prospects this year when India removed heavy tariffs on imports in response to concerns about domestic supply. The tariff-free period will run to the end of March, meaning Australian exporters are trying to get as much volume out to India prior to the tariff-free period ending. However, a range of factors, including good Indian monsoon rain, leading to stronger prospects for the upcoming rabi crop, planted from October to December and harvested in March and April, increased competition from Russia and supply chain constraints in the form of a shortage of food grade containers are all keeping a lid on prices. Values have dropped, although prices still sit at historically high levels. Upcountry Queensland and northern NSW chickpea prices are now ...

출처: Farmweekly