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Performance

Highlights

* Chana dropped initially 5712.50 as expected and then recovered to 5900 up by 1% in a month supported by lower kharif pulses sowing and lower arrivals.

* India-EU free trade agreement projections exclude chana from tariff concessions to protect domestic farmers.

* Ministry of Agriculture approves Rs11,698 crore PSS rabi procurement allocation to support pulse farm incomes

* Agriculture ministry affirms kharif sowing window extended until August 15 to counter early seasonal deficits

* Kharif pulses sowing reached 56.63 lakh hectares by July 10, down 23.32% year-on-year.

* January-July 2026 chana arrivals declined over 10% to 18.28 lakh tonnes from last year.

* Government agencies procured approximately 2.1 million tonnes of chana during the 2025-26 Rabi marketing season.

* May 2026 Kabuli chana exports increased 20% year-on-year to 22,954 tonnes, supporting domestic prices.

* Chana MSP increased by Rs 225 to Rs 5,875 per quintal, strengthening minimum price support.

* April-May 2026 Kabuli chana exports declined 20% year-on-year to 43,548 tonnes.

* Government extended duty-free imports of tur and urad until March 31, 2027.

* Government buffer stocks of 4.3-4.5 million tonnes continue limiting excessive domestic pulse price increases.

* IMD forecasts monsoon at only 90-92% of LPA, creating weather-related risk premium for pulses.

* 30% import duty on Yellow Peas continues improving demand prospects for domestic chana.

* Farmers are withholding chana stocks, anticipating stronger prices amid tightening seasonal market arrivals.

* 2025-26 total pulses production reached a record 274.09 lakh tonnes, rising 6.7% year-on-year.

* Third Advance Estimates projected 2025-26 chana production at 125.14 lakh tonnes, up 12.6%.

* Australia's chickpea crop is estimated at 2.2-2.5 MMT, increasing global exportable supplies.

* AAFC forecasts Canadian chickpea production at 315,000 tonnes, nearly 10% above last year

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