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Pulse Marketing Update May 2008 |
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A very quiet trading period for
Early signs are that both spring peas and beans have
gained acres as later sown options in the
Feed Beans
New
crop feed beans estimated to be £50-55 premium over wheat. Canadian dry bean
acres expected to be down by 24% this year, and prices to rise in N.America.
Export Beans
Marrowfats
Demand is
strong and there are enquiries from
Large Blues
Interest
in Blues remains strong with some early contracts being offered for 2009 crop.
Prices too are very high, but also ripe for speculation and volatility.
Agronomy Notes
Crops continue to look well and timely rain this month has
helped considerably. The first pea moths were found towards the end of the
month, but as yet no peas have begun flowering. With an increase in temperature
and soil moisture, we can expect an earlier emergence of moths than last year.
The PGRO pea moth telephone
information service will be available again in early June
on 01780 783099.
Winter bean diseases are still low and now that pod
setting is well underway in most areas, there
will be a need for a rust preventative fungicide treatment in the next couple
of weeks. Downy mildew in spring beans
began to develop at the end of the month following the rain and temperature
rise. Bruchid beetles are present in
crops but the timing for sprays in spring beans should be delayed until pod set
has begun.
PGRO/BEPA at Cereals
Preparations of the new look stand and theme are almost
complete. BEPA support, financial and personal, is much appreciated and it is
hoped we get the “traffic” through over the 2 days. I’m pleased to report that
LS Plant Breeding, who supplied much of the photography, have also paid for the
cost of the main displays. The nitrogen theme continues to gather momentum as
AN reaches £325/tonne.
PGRO Open Day
We will be delighted to welcome as many of you as possible
to the day on 17th June.