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Specialty Crop News for Jan, 1996

• Canadian Canaryseed Supply-Demand Estimates

• Canadian Lentil Supply-Demand Estimates

• Canadian Field Pea Supply-Demand Estimates

• Canadian Mustard Seed Supply-Demand Estimates

• USDA Buys Green Peas, Lentils and Beans for Food Aid
  KANSAS CITY -- Jan 4/96 -- STAT -- There were no surprises in the latest PL-480 food aid purchases announced by the USDA, with green peas and lentils dominating the tender.

• USDA Tender Purchase Summary by Company
  KANSAS CITY -- Jan 4/95 -- STAT -- The USDA announced the following purchas4es of green peas, lentils, and dry edible beans under invitation 0016 for shipment between February 6 and March 5.

• Edible Bean Markets Post Minor Advances During Holidays
  VANCOUVER -- Jan 5/96 -- STAT -- Dry edible bean markets in the United States firmed over the Christmas and New Years holiday period as reflected in a slight increase in the U.S. dry edible bean price index.

• Birdseed Markets Maintain Recent Trading Ranges
  VANCOUVER -- Jan 5/96 -- STAT -- North American birdseed markets remained in their recent trading ranges over the holiday season.

• Lentil Markets Mostly Unchanged Over Holiday Period
  VANCOUVER -- Jan 5/96 -- STAT -- There was little news to affect international lentil markets over the holiday season, with the result prices remained in their recent trading ranges.

• China Buys Second Cargo of Australian Peas
  VANCOUVER -- Jan 5/96 -- STAT -- International field pea markets strengthened during the Christmas and New Years holiday period in the face of strong commercial and government demand.

• Dry Edible Beans Look at Other End of Bull Market
  VANCOUVER -- Jan 5/96 -- STAT -- If the 1995-96 season were given an animal in the same way as the Chinese calendar assigns one to individual years _ it would be the year of the bull. Market conditions have been generally bullish in agriculture, withseveral markets setting new highs every few weeks.

• Alberta Bullish on New Crop Special Crops
  EDMONTON -- Jan 8/96 -- Alberta Agriculture -- Initial bids for new crop production contracts are filtering out of the trade and, as expected, prices offered are at very attractive levels. The strength in the grains sector and the inevitable battle for acreage will help support special crop bids well into 1996.

• Australian Chick Pea Supply-Demand Estimates

• Australian Lupin Supply-Demand Estimates

• Australian Field Pea Supply-Demand Estimates

• Australian Analysts See Crack in Bull Market Tone
  HORSHAM, Australia -- Jan 9/96 -- STAT -- Last weekend's break in adverse weather conditions in Brazil and Argentina caused a price reversal in major grain and oilseed markets, which could pull pulse markets down.

• Mexico Details Dry Bean Import Quota Tender
  MEXICO CITY -- Jan 9/95 -- Mexico will auction 54,636 MT of dry edible bean import quotas to private traders as part of its North American Free Trade Agreement commitments February 2.

• Mexico's Import Potential Overestimated by U.S. Trade
  VANCOUVER -- Jan 12/96 -- STAT -- Mexico's announcement it will auction 54,636 MT of dry edible bean import quotas February 2 continued to have little direct impact on U.S. dry edible bean markets as trading drew to a close this week.

• El Salvador Expects to Import 23,000 MT Beans This Year
  SAN SALVADOR -- Jan 11/96 -- El Salvador will likely need to import 23,000 MT of dry edible beans this year to make up for falling local production, according to information from the the Ministry of Agriculture.

• Argentina Worries About Bean Seedings
  VANCOUVER -- Jan 12/96 -- STAT -- Dry edible beans markets were generally firm last week in light international demand. Limited sales of spot and new crop Argentine alubia beans were reported to Italy and Spain.

• Canaryseed Advances in Slow Grower Selling, Light Buying
  VANCOUVER -- Jan 12/96 -- STAT -- Canadian canaryseed markets moved to the upper end of their recent trading ranges last week, with several sales reported during the week.

• Lentils Firm Despite Light World Trading Volumes
  VANCOUVER -- Jan 12/96 -- STAT -- International lentil markets put in a mixed performance last week. Turkish green lentil markets were nominally unchanged as supplies available for direct export remain small.

• Good Demand Pulls International Field Pea Markets
  VANCOUVER -- Jan 12/96 -- STAT -- Field pea markets continued strong last week, with good export demand overpowering the usually bearish days of harvest activity in Australia.

• Field Pea Acreage Should Falter Little in 1996
  VANCOUVER -- Jan 12/96 -- STAT -- Precise rectangles of white, winter light extended from one end of the table to the other. Holding the warm cup of coffee between both hands, the man said, "Last week I sold oats for $3 a bushel and two months ago I sold peas for $5.05."

• Canaryseed May Challenge 30 Cent Mark in Grower Market
  EDMONTON -- Jan 15/96 -- While field peas have attracted most of the headlines in Canadian spot specialty crop markets, other products have not failed to provide growers with good selling opportunities, notes Alberta Agriculture in its latest MonthlyCommentary and Outlook.

• Feed Peas Hold Center Stage in Canadian Specialty Crops
  EDMONTON -- Jan 15/96 -- Feed peas dominated thinking in Canadian specialty crops during the closing weeks of 1995 and the opening days of 1996 in the estimation of Alberta Agriculture agricultural economists writing in the January edition of the department's Monthly Commentary and Outlook.

• New Crop Specialty Bids Set New Highs for Canadian Growers
  EDMONTON -- Jan 15/96 -- New crop prices available to Canadian specialty crop growers are setting new, recent highs in most products, note Alberta Agriculture agricultural economists writing in the latest edition of the department's Monthly Commentary and Outlook.

• Specialty Oilseed Production Fell in U.S. This Season
  WASHINGTON -- Jan 16/95 -- USDA -- Production of all types of specialty oilseeds fell in the United States this year, according to the latest crop production estimates for 1995 issued by the USDA.

• Falling Yields Pull Peanut Production Down in U.S.
  WASHINGTON -- Jan 16/95 -- USDA -- Production of peanuts in 1995 totaled 3.48 billion pounds, down 18 percent from 1994 but 3 percent above the drought reduced crop of 1993.

• American Growers Harvest Biggest Edible Bean Crop; Since
  WASHINGTON -- Jan 16/95 -- USDA -- Production of dry edible beans is estimated at 31.0 million cwt in 1995, a gain of 7% from 1994 and 42% above 1993. This is the largest bean crop since 1991.

• USDA Releases Its Final Lentil and Field Pea Estimates for
  WASHINGTON -- Jan 16/95 -- USDA -- Production of lentils is estimated at 1.97 million cwt, up 6% from 1994 but 2% short of 1993. Harvested area of 143,000 acres was off 20% from 1994 and equal to 1993. The average yield jumped to 1,376 pounds per acre, up 333 pounds from 1994 but 27 pounds below 1993.

• Peppermint and Spearmint Oil Outoput Climbs in U.S.
  WASHINGTON -- Jan 16/95 -- USDA -- Production of peppermint oil is estimated at 9.45 million pounds, up 27% from 1994, establishing a new record high.

• European Lupin and Field Bean Imports Faltered in 1994-95
  PARIS, France -- Jan 17/96 -- European imports of lupins and field beans plunged 47% and 30% respectively during the 1994-95 marketing year, according to statistic compiled by the Union Nationale Interprofessionnelle des Plantes Riches en Proteines. Falling lupin imports were a direct result of the drought in 1994, which devastated Australian crops. Lupin production fell from 1.51 million MT in 1993-94 to 845,000 MT last year. Improved conditions pulled this year's lupin crops up to an estimated

• Canaryseed Markets Strengthens Mid-Week
  VANCOUVER -- Jan 17/96 -- STAT -- Canadian canaryseed markets continued to strengthen this week in the face of strong demand from exporters and continued holding by western Canadian growers.

• Weekly USDA Bean Market News
  Greeley, CO Wed. January 17, 1996 USDA-CO Dept of Ag Market News

• Australian Domestic Feed Demand Escalating
  CANBERRA -- Jan 17/96 -- Australia, long a major exporter of grains, is expected to become a regular importer of some feed grains by 2000, this according to a major study commissioned by the Grains Research and Development Corporation.

• Edible Bean Markets Firm, But Demand Remains Light
  VANCOUVER -- Jan 19/96 -- STAT -- Dry edible bean markets were generally firmer last week, though international trading interest seemed to be focused mainly on Latin American origin product.

• Canaryseed Bulled by Export Covering
  VANCOUVER -- Jan 19/96 -- STAT -- Canadian canaryseed markets posted solid increases last week in active inter-dealer trade.

• Lentil Markets Mixed, Turkish Exports Slow
  VANCOUVER -- Jan 19/96 -- STAT -- Lentil markets were generally mixed in light international and domestic trading activity last week. Buying interest from Europe remains light, while there was some increase in queries from Latin American destinations.

• Field Peas Steady in Cash Markets
  VANCOUVER -- Jan 19/96 -- STAT -- Field pea markets were generally steady last week, despite a slight decline in new business reported by Australian and North American shippers.

• Dry Bean Crop Seen Shrinking in 1996
  VANCOUVER -- JAN 19/96 -- STAT -- Dry bean seedings in the United States climbed steadily between 1992 and last year. But, everything is pointing to at least an 8% drop in area this spring to under 1.9 million acres as lacklustre demand for beans contrasts with steamy grain and oilseed markets.

• U.S. Dry Edible Bean Forecast for 1996 by Variety

• U.S. Bean Production Forecast for 1996 By State

• Pea Market Fundamentals Unchanged -- Alberta Agriculture
  EDMONTON -- Jan 19/96 -- Alberta Agriculture -- The feedgrain futures market had its bell rung on Tuesday with major liquidation from speculators taking profits. Analysts are busy trying to interpret whether market highs have been set or if the markets are simply taking a breather.

• Latest USDA PL-480 Food Aid Tender Detailed
  KANSAS CITY -- Jan 23/96 -- The Commodity Credit Corporation (CCC) invites offers subject to the terms and conditions of each applicable announcement, to sell to CCC under invitation 026, the approximate quantities of the following product(s) for use in export programs. Effective with the Invitation the CSB set-aside is withdrawn until further notice.

• Pea and Lentil Tenders Total 13,460 MT
  KANSAS CITY -- Jan 23/96 -- STAT -- The total quantity of peas and lentils covered by USDA PL-480 food aid tender this season now totals 26,225 MT, compared to 33,210 MT last year.

• USDA Seeks Offers on 6,610 MT Beans
  KANSAS CITY -- Jan 23/96 -- STAT -- The total quantity of dry edible beans covered by USDA PL-480 food aid tender this season now totals 19,245 MT, compared to 17,450 MT last year.

• USDA Tenders for 20,070 MT Pulses
  KANSAS CITY -- Jan 23/96 -- 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 45,470 MT.

• French Field Pea Shipments Falter
  PARIS -- Jan 24/96 -- STAT -- Dramatic declines in field pea production in France last year is contributing to continuation of the recent trend toward falling domestic and export sales.

• Organic Food Demand Growing Niche Market in France
  PARIS -- Jan 24/96 -- The French demand for organic food products currently represents a very small, but rapidly growing, niche market. Since 1980, demand climbed roughly 15% per year, due to increasing consumer awareness of health and environmental issues.

• Bean Markets Firm On Shrinking 1996 Acreage
  VANCOUVER -- Jan 26/96 -- STAT -- North American dry edible bean markets continued to firm last week, with the U.S. spot market price index reaching 700 points for the first time since October.

• Seller's Market For Birdeed Ingredients Continues
  VANCOUVER -- Jan 26/96 -- STAT -- North American birdseed ingredient markets were little changed last week. Limited short covering was reported in inter-dealer markets as processors covered the balance of their February shipping commitments.

• Australian Red Split Lentils Gaining Momentum
  VANCOUVER -- Jan 26/96 -- STAT -- International lentil markets were sideways to firmer last week. Values in Turkey and Canada were mostly unchanged, while U.S. lentil markets were marginally supported by the latest U.S. government food aid tender.

• Chick Peas Lead Field Pea Complex Lower
  VANCOUVER -- Jan 26/96 -- STAT -- International field pea markets inched downward last week as the volume of peas traded slowed.

• European Pea Imports Seen Slipping During 1995-96
  PARIS, France -- Jan 29/96 -- STAT -- Pea imports by the European Community could slip from 1.23 million MT during the 1994-95 crop year to under 1.15 million MT this season, believes the Union Nationale Interprofessionnelle des Plantes Riches en Proteines (UNIP).

• Canadian Growers Control Canaryseed Pricing
  EDMONTON -- Jan 29/96 -- Canadian growers continue to control the pricing and trading opportunities on international canaryseed markets. A fact which pulled grower markets to their season highs last week, notes Alberta Agriculture.

• Feed Pea Markets Expected to Travel Sideways Path
  EDMONTON -- Jan 29/96 -- Economists working with Alberta Agriculture expect feed pea and soybean meal markets to follow a sideways path during the coming days.

• U.S. Green Pea Supply-Demand Estimates

• U.S. Lentil Supply-Demand Estimates

• Post Harvest Blues Settles on Australian Pulses
  HORSHAM -- Jan 30/96 -- STAT -- Markets for most pulses appear to have settled a little lower in Australia in recent days, reflecting the end of the harvest and good coverage of export orders for the January and February period.

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