Pea yields fall in US as drought in the US Northern Plains.
Ram Gopal Yadav (7 years ago)

Drought problems continue to plague the chickpea crop in Australia. The Australian Bureau of Agricultural and Resource Economics predicts this year’s chickpea production drop by 36 percent. Production is expected to drop by nearly 700,000 tonnes or 45 percent over last year. Lentils are also having a tough time. This year’s harvest is expected to fall by 41 percent to 338,000 tonnes. Drought in the US Northern Plains is cited as one of the key factors behind the drop. The total Canadian pea carryout for the current marketing year is projected to hit 400,000 tonnes, which would surpass the previous estimate of just 50,000 tonnes.

Chana down in Delhi on weak demand, high arrivals.
Ram Gopal Yadav (7 years ago)

Prices of chana fell in Delhi due to a decline in demand from dal millers and a rise in arrivals. On the NCDEX, the most-active October contract traded down 2.4% from previous close. Gram and tur declined sharply in Nagpur on poor buying support from local millers amid increased arrival from producing belts.

Canada farm agency raises year to Jul 2018 chana price forecast by 4%.
Ram Gopal Yadav (7 years ago)

Agriculture and Agri-Food Canada has scaled up its estimate for prices of chana or chickpea in Canada in 2017-18 (Aug-Jul) by 4% to an average of $1,000-$1,030 a tonne, as supply is seen declining due to lower carryover stocks and imports. The agency scaled down its forecast for chana production in Canada in 2017-18 by 22% to 81,000 compared to its estimate in August. The outlook for production of peas in 2017-18 was scaled down by 5% to 3.79 million tonne because of a sharp decline in yields and a small fall in the harvested area. The agency kept its 2017-18 average price forecast for peas unchanged at $280-$310 per tonne due to lower supply and higher carryover stocks. Exports are seen falling 9% from the previous forecast to 2.9 million tonne, with India, China and Bangladesh continuing to be Canada’s top markets. Average prices of masur for the year ending July are seen unchanged at $720-$750 per tonne compared to the previous estimate, owing to high carryover stocks.

NAFED procures 177 tonne of sunflower seed in Odisha.
Ram Gopal Yadav (7 years ago)

The National Agricultural Cooperative Marketing Federation of India has procured 177 tonne of sunflower seed under the price support scheme in Odisha. The procurement drive, which started late July, was underway in Eram and Bilana procurement centres, and 235 farmers had sold their crop to the agency. NAFED started procuring the crop from growers as market prices fell below the minimum support price of 3,950 rupees per 100 kg, inclusive of a bonus of 100 rupees. The agency has wound up procurement of the oilseed in Haryana and Telangana.