Small-caliber Russian chickpeas worries Canadian producers

Dried Chickpea

Canada

Russia

Published Jul 13, 2023

Tridge summary

Canada is expected to face competition from Russia in the kabuli chickpea market in the coming years. Russian farmers are projected to harvest a large crop of chickpeas, which will directly affect prices in Canada. Other major players in the market include Turkey and India, with Pakistan being the largest demand-side player. Overall, global supplies of kabuli chickpeas are rising, but any issues with crops from any country can impact prices.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

According to the expert panel, Canada will face stiff competition from Russia in the kabuli chickpea markets in 2023-24. Sean Pratt writes in an overview article on the chickpea market published by The Wectern Producer: “Russian farmers are expected to harvest 501,000 tons of chickpeas, compared to 434,000 tons last year and 324,000 tons two years ago. In Russia, small-caliber kabuli chickpeas are grown, which compete with the Canadian product in foreign markets. In comparison, the Canadian chickpea crop is expected to be 256,000 tons. “Because Russia has a large crop, I think this will directly affect prices in Canada,” Navneet Singh Chabra of Global Garbanzo said during the Global Pulse Confederation 23 Pulse Producers Convention. Russia accounts for about a quarter of the world's supply of crops from the world's main sources, so it is a very large player. Deepak Rawat, a trader at Empros International, explained that there are several reasons why kabuli chickpea production in ...

Source: Agroxxi