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The National Agricultural Cooperative Marketing Federation of India has purchased 2.34 million ton chana under the price support scheme in its ongoing rabi procurement operations, the agency said in a tweet. The agency said 1.02 million farmers benefitted from the procurement and a sum of 125.10 billion rupees was paid to them. The government has set the minimum support price for chana at 5,335 rupees per 100 kg for the 2023-24 rabi marketing season. In this round of procurement, the agency purchased chana in Telangana, Gujarat, Andhra Pradesh, Karnataka, Maharashtra, Madhya Pradesh, Uttar Pradesh, and Rajasthan, it said. Madhya Pradesh recorded the highest procurement at 797,205.88 ton, followed by Maharashtra and Gujarat at 773,650.09 ton and 328,582.41 tn, respectively.

The National Agricultural Cooperative Marketing Federation of India (Nafed) plans to convert 20% of its raw chana stocks to chana dal (gram or Bengal gram) and supply it in the retail market, two government officials said. The development comes at a time when the government has huge quantities of chana and lower stock of other pulses than strategic buffer requirement.

India is likely to produce a record 330.5 million ton food grain in the current crop year ending June, according to the third advance estimate released by the farm ministry today. Production of food grain is seen nearly 5% higher on year. According to the estimates, pulses output is seen at 27.5 million ton in the ongoing crop year, as against 27.3 million ton in the previous year.

Chana output for 2022-23 is pegged at 13.5 million ton largely unchanged from 2021-22. Tur output is seen at 3.4 million ton compared with 4.2 million ton in the final estimate of last year.

Agriculture and Agri-Food Canada has scaled down its estimate for dry bean prices in 2022-23 (Aug-Jul) to $1,165 per ton from $1,180 per ton projected in January due to higher production and supply in North America. In 2022- 23, overall dry bean production in the US is estimated at nearly 1.2 million ton by the US Department of Agriculture, up 14% on year, the farm agency said in its February report. "This is expected to continue to pressure Canadian dry bean prices throughout 2022-2023, which has been partly offset by the weaker Canadian dollar against the US dollar," it said. The estimate for overall supply of dry bean in Canada is unchanged at 553,000 tn. In 2022- 23, Canada's dry bean exports are estimated lower at 320,000 ton, compared with 327,000 ton the previous month, the agency said. The farm agency has left its price estimates for masur, chana, and dry peas unchanged from last month at $800 per ton, $1,045 per ton, and $460 per ton, respectively. Canada is one of the biggest exporters of lentils to India.

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