Kabuli chickpeas dropped 13% to $0.23 CAD per lb during July 2018.
Meanwhile, desi chickpeas prices fell 41.5% to $0.13 CAD per lb.
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:
- Where chickpeas prices are headed next in 2018;
- India’s shifting chickpea supply – and its effect on the global chickpea market;
- Is this bullish factor the only hope left for 2018 grain prices?
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.