Prices for chickpeas appear to have reached their lowest point. Market participants report that quotations are currently unlikely to fall any further. Cautious assessments are coming from Canada: The end of the season was weak, which means that only limited remaining quantities are available. In the USA, prices are at a higher level. Argentina remains the most attractive source in terms of price, but mainly in the smaller calibre segment.
The market for red kidney beans shows a mixed picture. Our partner reports that the harvest in the USA has been completed and was higher in percentage terms than in the previous year - this is already reflected in the prices. However, the current challenge lies in logistics: the port of Montreal is heavily congested, which is leading to noticeable delays in shipments. We are monitoring further developments and will inform you as soon as new estimates are available.
