July 2018 Chickpeas Prices Recap

Chickpeas prices fell this month, as India’s pulse tariffs continue to drag down prices. Also, a large North American new crop of chickpeas helped push prices lower.

Kabuli chickpeas dropped 13% to $0.23 CAD per lb during July 2018.

Kabuli Chickpeas Prices Performance

Meanwhile, desi chickpeas prices fell 41.5% to $0.13 CAD per lb.

Desi Chickpeas Prices Performance

For our GrainCents readers, we’re watching a variety of factors that might affect chickpea prices: 5 are bearish, none are bullish, and 3 are noise.

(If you’re not familiar with what “noise” is, then we recommend you check out our GrainCents risk management process towards chickpeas prices.)

This month, GrainCents investigated topics such as:

 

With a trade war and tariffs creating volatile markets, it’s more important than ever to stay on top of the factors affecting chickpeas prices. Capture market premiums with GrainCent’s sales recommendations and actionable cash grain marketing advice delivered directly to your inbox.

Especially worthwhile in your GrainCents subscription is the Chickpeas Weekly Digest, which gets sent out every Sunday morning. In addition to recapping our cash grain sales position, this chart-fueled read provides an insightful recap of the previous week’s activity in chickpeas markets. We also walk through, in detail, what we’re watching across the global market in the week(s) ahead that could influence canola prices.  

Start making more sense of what’s affecting chickpeas prices with a free three-week trial to GrainCents, our exclusive sales recommendation service that holds a 93% success rate on getting farmers the best price possible.

Sign up right here for your risk-free trial!

About the Author
Sarah Bader

Sarah Bader is a science communicator, dedicated to cutting through jargon and getting to the heart of the matter. A lifelong nerd, communications allows Sarah to share her love of science and tech with a wider audience. Sarah has a BA in Communications and Sociology from the University of Ottawa.

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