U.S. chickpea production to decrease as producers plan reduction

Published 2023년 4월 5일

Tridge summary

A recent report from the Global Pulse Confederation highlights a potential crisis in the global supply of pulses, with a predicted shortfall of 100,000 tonnes due to poor agricultural yields in India and Mexico. This situation is expected to increase prices globally, leading to concerns in countries like Russia, Canada, the United States, and Turkey. The USDA forecasts a decrease in lentil plantings in the US, but anticipates strong demand for Canada green lentils. Meanwhile, US pea plantings are set to increase by 10%, and despite cold weather, one million acres of peas are expected to be grown in the US. However, dry bean plantings may decrease by 3% due to persistent snow in North Dakota, although the opening of a new soybean crushing facility could offset this.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to a Global Pulse Confederation news release, all exporting countries must expand their output significantly. Poor agricultural yields in India and Mexico are putting a strain on global supplies. This is projected to result in a crop scarcity during the following six months. Because of a 30 percent increase in planted area, a hot and dry spell in December "wiped out" chances for a bumper crop in India. As a result, the worldwide supply chain is 100,000 tonnes short of product. According to the news release, this is exerting upward pressure on global prices. Russia, Canada, the United States, and Turkey are all on high alert. "Even if all of these origins expand planted area by 30%, I still anticipate a shortfall over the next six months, particularly of the high calibre sizes," Navneet Chhabra, director of Global Garbanzo, stated in a release. Columbia Grain President Jeff Van Pevenage agrees with the USDA's chickpea projection. "That's what we've seen and heard," he ...

Source: Krishi Jagran