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Specialty Crop News for Apr, 1996
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KANSAS CITY -- Apr 396 -- The USDA bought the total quantity of pulses covered by the latest PL-480 food aid tender, taking green peas, lentils and small red beans for shipment between May 6 - 20 and May 21 - June 5, 1996.
EDMONTON -- Apr 596 -- Edible dry pea prices have scrambled to a $1.25 per bushel premium thanks to last month's weakness in feed pea markets, noted Alberta Agriculture in its latest review of specialty crop commodity markets.
VANCOUVER -- Apr 596 -- STAT -- General seeding activity is expected to start late across much of Europe and North America, helping set the stage for what could become one of the fiercer weather markets of recent history.
VANCOUVER -- Apr 596 -- STAT -- North American growers have money in their pockets with the result positive messages are more likely to sway them than sales pitches based on despair. The latter approach worked for specialty crops when cereal grain markets were poor; but fails when there are positive options.
VANCOUVER -- Apr 596 -- STAT -- There is strong evidence Canadian specialty crop marketers oversold their new crop contract commitments from growers, with mustard seed one of the best examples of the problem.
VANCOUVER -- Apr 596 -- STAT -- Dry edible bean markets were mostly unchanged in an Easter shortened trading week.
VANCOUVER -- Apr 596 -- STAT -- North American birdseed ingredient markets steadied last week in a short trading week.
VANCOUVER -- Apr 596 -- STAT -- A short week in most major exporting and consuming nations because of Easter and Passover left lentil markets mainly unchanged in light trading conditions.
VANCOUVER -- Apr 596 -- STAT -- The field pea complex continued to strengthen last week.
ISLAMABAD -- Apr 1096 -- Pakistan will remain a major importer of oilseeds the next four to five years despite efforts to expand local production of sunflower seed and canola, according to a recent survey of the country's oilseed industry by the U.S. agricultural attache.
ISLAMABAD -- Apr 1096 -- Reviewing the oilseed industry in Pakistan suggests there is an opportunity for feed pea sales to the country. Pakistan is already an important consumer of food quality peas and chickpeas.
VANCOUVER -- Apr 1296 -- STAT -- International dry edible bean markets were mixed last week as bullish sentiment in the United States was offset by slightly bearish attitudes among Argentine and Chilean shippers.
VANCOUVER -- Apr 1296 -- STAT -- North American birdseed ingredient markets experienced a solid increase in trading interest last week, with significant quantities of product exchanging hands on both spot and new crop shipping positions.
VANCOUVER -- Apr 1296 -- STAT -- International lentil markets charted another week of mixed performances. Top grade North American lentil markets were easier, while values for offgrade lentils were sideways to firmer in light, export trade.
VANCOUVER -- Apr 1296 -- STAT -- Continued strength in the livestock feed complex pulled international feed pea values higher last week.
PARIS -- Apr 1296 -- STAT -- Sales of French field peas continued their downward slide through the end of December, pulling shipments for the first six months of the 1995-96 marketing year 9.8% below the period in 1994 and 29.6% below quantities recorded the fall of 1993.
VANCOUVER -- Apr 1296 -- STAT -- Solid export sales for Canadian dry edible beans will not be enough encouragement to keep growers in that country from making deep cuts in the amount of land committed to the crop this spring.
EDMONTON -- Apr 1596 -- Special crop traders were a little uneasy last week with all the acrobatics going on in major grain and oilseed futures markets, believe agricultural economists working for Alberta Agriculture.
CHARLOTTETOWN, PEI -- Apr 1696 -- A small acreage of organic buckwheat is now being grown in Prince Edward Island and Nova Scotia under a program aimed at increasing the number of certified organic farms in ythe region.
EDMONTON -- Apr 1696 -- Alberta Agriculture -- Canadian forage acreage is expected to shrink and will impact both demand and production in the coming year, argue agricultural economists working for Alberta Agriculture.
BEIJING -- Apr 1696 -- Recently an article was published in a Beijing-based Chinese newspaper, Bright Daily Newspaper, Guangming Irbao ("Bright Daily"), that describes how grain production estimates are made by China's State Statistical Bureau (SSB).
EDMONTON -- Apr 1696 -- Alberta Agriculture -- Producers holding No. 1 yellow mustard appear to hold all the power in this market, according to Alberta Ahgriculture market economists. At the end of March, yellow prices were a full ten cents per pound ahead of both oriental and brown prices.
MADRID -- Apr 1996 -- Spain is looking for a big increase in the quantity of peas and lentils grown locally, but this is not expected to have much impact on imports during the coming season.
VANCOUVER -- Apr 1996 -- STAT -- Spring is in the air in specialty crop markets. Warm weather across much of North America helped the industry make the transition from an unusually slow winter season to jousting over potential seeded areas and demand for the balance of the calendar year.
VANCOUVER -- Apr 1996 -- STAT -- Canadian yellow mustard seed reached into record price territory for the commodity last week.
VANCOUVER -- Apr 1996 -- STAT -- North American dry edible bean markets posted a stunning rally last week as evidenced by a 7.8% jump in the value of the U.S. dry edible bean cash price index to 791 points.
VANCOUVER -- Apr 1996 -- STAT -- North American birdseed ingredient markets were mostly unchanged to firmer last week.
VANCOUVER -- Apr 1996 -- STAT -- International lentil markets ended the week's trading on a mixed note. Spot values for Canadian No 1 Laird lentils inched down last week in slow demand.
VANCOUVER -- Apr 1996 -- STAT -- Canadian feed pea markets set new season highs on North American inter-dealer markets and in futures trading on the floor of the Winnipeg Commodity Exchange.
EDMONTON -- Apr 2296 -- Forage seed markets, with few exceptions, remain at relatively
REGINA -- Apr 2296 -- STAT -- General trends in Canadian crop production for the coming season were confirmed by yesterday's seeding intentions report by Saskatchewan Agriculture and Food showing farmers in the province plan to shift land from specialty crops and summerfallow into traditional grains.
KANSAS CITY -- STAT -- The total quantity of peas and lentils covered by USDA PL-480 food aid tender this season now totals 64,755 MT, compared to 57,400 MT last year.
KANSAS CITY -- STAT -- Dry edible bean markets were unimpressed with the latest USDA PL-480 food aid tender, which requested offers on just 270 MT of pinto beans for shipment in June.
KANSAS CITY -- STAT -- The latest USDA PL-480 tenders bring actual and potential purchases of pulses for shipment as food aid during the 1995-96 shipping season to 89,610 MT.
PARIS -- There is growing interest in wild rice within the French market place, partly a result of increased international competition for a share of this small, but lucrative market.
As field operations begin, it is time to think about destroying volunteer dry beans that developed from last year's shattered seed, according to Art Lamay, NDSU Extension Plant Pathologist.
FARGO -- The North Dakota Department of Agriculture declared a crisis exemption on April 19 for the use of Crown as a seed treatment of lentil to control seed-borne Ascochyta.
VANCOUVER -- Apr 2696 -- STAT -- "Whatever your last bid, I'm paying a dollar more." Left on the telephone answering machine of a broker, that message summarized the mood in specialty crop markets most of last week.
VANCOUVER -- Spr 2696 -- STAT -- North American dry edible bean continued to rally last week, with the U.S. dry edible bean spot market price index advancing a record 12.3% to end trading at 888 points.
VANCOUVER -- Spr 2696 -- STAT -- International lentil markets were mixed last week, seemingly unaffected by the bullish trading frenzy gripping dry edible beans.
VANCOUVER -- Spr 2696 -- STAT -- Canadian feed pea markets kept setting new highs for the season last week, with product trading up to CDN $276 MT on a delivered track Thunder Bay basis.
EDMONTON -- Apr 2696 -- STAT -- Alberta Agriculture strongly recommends field pea growers sell into the current market rally because economists working for the government believe it is "built on technical speculation and could break hard if U.S. conditions improve."
VANCOUVER -- Spr 2696 -- STAT -- North American birdseed markets were
VANCOUVER -- Apr 3096 -- STAT -- Describing Statistics Canada seeding intentions report as controversial may prove an understatement as the day draws to a close. The national survey uncovered shifts in specialty crop area far in excess of those revealed by provincial seeding intentions surveys and local, informal surveys by some exporters and processors.
EDMONTON -- Apr 3096 -- Alberta Agriculture -- The dry bean market, particularly pintos, has found new price strength that will interest both U.S. and Canadian growers, note agricultural market economists working for the department.
EDMONTON -- Apr 3096 -- Alberta Agriculture -- Old crop feed pea prices improved dramatically in April, with export asking prices retracing all lost ground and are setting new highs as of the end of April, according to market economist wtih Alberta Agriculture.