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Pulse Marketing Update AUGUST 2007 |
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Soaring cereal prices and the late harvest in many areas
had pushed pulse crops to the back of the harvesting queue, but they are
starting to come in, and are looking for offers. Prices are just as strong in pulses
with feed peas and beans well over £150/tonne, and more for micronising.
The extraordinary volatility of the commodities markets
generally is creating a dangerous vacuum in pulse trading between growers and
buyers. The risk being that imports will take up the slack.
New season contracts in
Feed Beans
Bean harvest is delayed as growers catch up with other
crops first. However the feed market is also very firm.
Export Beans
Bruchid damage reports are variable as is the overall
quality. Shrivelling and staining of beans is higher than usual, possibly the
result of the early season drought. Smaller sized samples are more
frequent too and not suited to export markets. Those crops
which received a second or later spray for rust control are of better sized
beans. Many spring beans have yet to be harvested, but some crops generally
appear to have a reasonable yield potential.
Harvesting has just begun in
The export market opportunity is still unfolding so little
activity from the
Marrowfats
Overall
quality reports are good with little bleaching this year, although yields are
lower. The wet weather disrupted the harvest of the later maturing crops in the
north and this has affected quality with some sprouting in the pod and shelling
out. Pea moth damage seems to be very light this season because of the poor
weather conditions
during
the egg hatching period. Buyers are offering up to £200 per tonne for the good
colour samples. Growers need to be wary off missing out to foreign suppliers
who will also be in the market this Autumn.
Blue
Peas
As predicted in June, there is again great demand,
especially for micronising. Samples are trading for £150-170 per tonne ex-farm.
With growers still holding off there are already imports evident.
The recent cool, wet spell of weather in
Yellow Peas
The reduced crop means little has yet appeared in the
market from this year, but with stocks low and poor weather reports from
Overall, remember first wheat crops need a good break crop
to maximise performance. Pulses are ideal!