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Turmoil in the chickpea market, a serious drop in supplies is expected in the world

Dried Chickpea
Published Jul 8, 2022

Tridge summary

Global supplies of chickpeas, the main ingredient in hummus, could drop by up to 20% this year, according to data from the Global Pulse Confederation, Reuters reported.

Original content

Vote: Should VAT on food and agricultural products be reduced? Bad weather and the war in Ukraine have affected supplies of the protein-rich legume, driving up food prices and creating headaches for food producers. Chickpeas are used to make hummus, flour, soups, cooked dishes, as well as richly seasoned ones. While it is growing in popularity in the US, chickpeas have long been a key part of the diets of people in India and the Middle East, places that are already struggling to meet rising food import costs. U.S. farmers - the world's fourth-largest chickpea exporter - planted fewer chickpeas this year as bad weather severely hampered spring planting and they prioritized more profitable staple crops such as wheat and corn, government data showed. data. Meanwhile, major buyers from South Asia and the Mediterranean are scrambling to snap up dwindling US stocks as supplies shrink globally and as war between Russia and Ukraine - both chickpea producers - exacerbates disruptions to ...
Source: Agri
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