Chickpea producers in Mexico save their crops to avoid price drop

Published Feb 18, 2021

Tridge summary

The President of the Chickpea Production Branch of the League of Agrarian Communities of Sinaloa, José Alfonso Acedo Sánchez, has stated that chickpea producers will delay selling their produce until the market stabilizes due to the current speculative bubble in bean prices and poor yields. The yields have been poor, ranging from 300-400 kgs to one ton per hectare, which is less than the normal yield of 1.7 tons. Acedo Sánchez has suggested a floor price of 24 pesos per kilogram for this harvest, given the high production costs and low yields, and has advised producers to hold off on selling until they can get a better price to avoid operating at a loss.

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Original content

JULIO CÉSAR CARO. PORTAL DNA. They will wait for market stabilization to bring production to market: Acedo Sánchez. MOCORITO, Sinaloa. The speculative bubble of the bean price of the current harvest has not yet passed, and there is already uncertainty with the price of chickpea, a grain that is mostly placed in different latitudes of the international market, and the current threshing floors are registering very poor yields, reported José Alfonso Acedo Sánchez. The president of the Chickpea Production Branch of the League of Agrarian Communities of Sinaloa, explained that he has been present in the threshing with poor yields between 300 - 400 kgs up to one ton per hectare, when the normal should be 1.7 tons. "We are in the same of every year, in the uncertainty of how they are going to buy, I would not want to manage a price because here (Mocorito) it has been rumored that at 14 pesos, which is very little, the chickpea should not be worth so little I would not like to speculate a ...

Source: Inforural