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Check your pulse

22 May, 2008 12:42 PM
With a range of marketing options out there like never before, pulses are proving they are a key component in our cropping rotations that shouldn’t be overlooked.

Pulse Australia’s Trevor Bray spoke at the 2008 Grains Research and Development Corporation (GRDC) Adviser Updates and discussed key considerations for marketing and managing pulses this year.

Mr Bray said the industry has entered a new era of pulse production, enabling us to have more marketing options, as we now have new varieties and products highly sought by international markets.

Australian small kabuli chickpeas, green lentils, small red lentils, light coloured faba beans, desi chickpeas with improved seed colour and Kaspa-type field peas with better taste and splitting efficiencies are all in demand.

The over-arching marketing issues of supply versus demand still remain for pulses.

Mr Bray has just returned from a trip through India, Dubai, Syria and Turkey where he met with processors and said the signals were good for pulses.

He said the processors were impressed by PBA’s coordinated approach towards Australia’s pulse breeding efforts.

Specific pulse marketing issues currently include:

*demand exceeding supply

*availability of alternatives when supply is low

*a current absence of carry-over and stored product in the supply chain

*time of sale whether at harvest or after storage or warehousing

*the exchange rate

*continuing demand for pulses from the Indian sub-continent for their domestic consumption

*weed seed restrictions into India which require our pulses to be cleaned before export

*and the size of pulse crops produced by our major exporting competitors (Canada for lentils and field peas, Europe for faba beans).

Growers are now being urged to consider pulses in the context of the whole farming system, as a timely seasonal break and some subsoil moisture in lower rainfall regions should have inspired confidence in pulse crops.

"The future for Australian pulses looks very good, with high prices, strong market demand and preference for Australian pulses in many markets," Mr Bray said.

"The recent overseas trip by PBA succeeded in opening new lines of communication between PBA and the global markets that demand our pulses. Australian pulses are certainly on the map, and here to stay."

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Massive boom coming for concentrated protein sources.

Meat futures in Chicago put in a major bottom one month ago.

I anticipate meat futures to now make a major hyperinflationary move to the painful side, just as every other food commodity has.

Nobody is growing pulses in any meaningful way anywhere in the world so don't expect relief from cheaper vegetable protein as there won't be much.

Particularly when you consider the start to Australia's winter crop.

I am betting even further price hikes for pulses for 2009.

And then when the market signal exists to plant more pulses, where are folk going to get the seed?

No planning in the Australian grains industry ... can anybody see beyond their nose.

No-one predicted the grain boom, no-one predicted the fertilizer boom and the same people will be surprised by the herbicide, fibre and animal protein boom.

Well some of us may have laid a couple of carefully considered bets;) God bless that phosphate play Minemakers.

Maybe they should have called that mining company Millionairemakers?

Posted by Nuffield, 24/05/2008 11:16:32 PM

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