Desi Chickpeas Holding Breath Over Demand
PANAMA - Sep 23/22 - SNS -- Kabuli chickpea markets maintained remained sideway during the past week, though international desi chickpea markets continued to ease in the face of slack demand from the Indian subcontinent.
The problem is clearly reflected in Australian export shipments. Between November and July to were just under 444,000 metric tons (MT), down from over 709,000 during the same nine period in the country's 2020-21 marketing campaign.
The implication is exports may not reach the 630,000 MT currently forecast for its 2021-22 marketing campaign, well down from the almost 879,000 shipped the previous season.
Mustard Steady On The Week
PANAMA - Sep 23/22 - SNS -- Mustard seed markets were unchanged to firmer in limited trading activity during the past week.
Though the Canadian harvest is making good progress, with an estimated 88% of the crop in the bin as the week got underway, compared to 96% last year and the recent average of 80%.
Based on Statistics Canada's yield estimates, this represents 64,000 metric tons (MT) of new crop product, up from 53,000 at the same time last year.