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Specialty Crop News for Jul, 1995

• New Crop Markets Start Summer in Bullish Mood
  VANCOUVER -- June 30/95 -- STAT -- Summer holiday season is underway in the northern hemisphere. Markets are determined to make it hard for participants to make a clean break from routine as the summer canvas looks bullish. Apart from North American field peas, specialty crop supplies for the 1995-96 marketing campaign look tighter than first expected.

• Edible Bean Market Manages Small Gain on the Week
  VANCOUVER -- June 30.95 -- STAT -- Dry edible bean markets posted another solid performance last week as evidenced by a three point gain in the U.S. dry edible bean price index.

• Canaryseed Markets Jumps Through Roof Friday
  VANCOUVER -- June 30.95 -- STAT -- Statistics Canada estimate canaryseed area would plunge to 375,000 acres from last year's 505,000 pulled markets sharply higher Friday.

• North American Lentils Advance on Falling Acreages
  VANCOUVER -- June 30.95 -- STAT -- International lentil markets were pulled sharply higher last week by advancing North American markets.

• Huge Acreage in Canada Does Not Hurt Pea Market
  VANCOUVER -- June 30.95 -- STAT -- Field pea markets remained firm last week despite estimates over two million acres of all types of peas were sown in Canada and the largest acreage of green peas in the United States since 1984.

• U.S. Green Pea Supply-Demand Estimates

• U.S. Lentil Supply-Demand Estimates

• Australian Pulse Markets Open Week Firmer
  HORSHAM -- July 5/95 -- STAT -- New crop pulse prices opened trading this week generally firmer as exporters reacted to indications of improving sales potential to Turkey during the coming season.

• Indian Monsoon Unsatisfactory In June
  SUMMARY: MONSOON RAINS WERE NORMAL OR BETTER IN ONLY 10 OF

• International Pulse Production Outlook

• International Pulse Acreage Outlook

• India's Pulse Import Duty Reduced
  The Government of India recently reduced the pulse import

• Canadian Canaryseed Supply-Demand Estimates

• Canadian Lentil Supply-Demand Estimates

• Canadian Field Pea Supply-Demand Estimates

• Canadian Mustard Seed Supply-Demand Estimates

• USDA Passes on Green Pea and Bean Offers
  KANSAS CITY -- July 7/95 -- STAT -- the USDA caught some market participants by surprise this week, after cancelling portions of this week's PL-480 food aid tenders.

• India Encourages More Pulse Imports
  VANCOUVER -- July 7/95 -- STAT -- Efforts to reduce food costs, fueled by the current season's weather problems, prompted the Indian government to halve import duties on pulses from 10% to 5% effective June 26 last. This is an important change given the fact India consumes between 22% and 25% of the world pulse crop -- and an even higher percentage of the food grade production.

• World Pulse Production Hike Lags Demand
  VANCOUVER -- July 7/95 -- STAT -- Pulse production among some of the world's key producing and importing nations could jump 1.5 million MT over last year. Even so, growth in the size of world crops appears to be falling behind consumption patterns.

• Bean Markets Steady in Light Trade
  VANCOUVER -- July 7/95 -- STAT -- Dry edible bean markets were generally steady in quiet, holiday shortened trading.

• Canaryseed Surges to $14 Mark in Saskatchewan
  VANCOUVER -- July 7/95 -- STAT -- Canadian canaryseed markets continued their bullish march last week, with prices on both spot and new crop markets leaping back to U.S. $14 cwt for machine dressed product packed in bulk FOB western Canadian shippingpoints.

• Lentil Markets Firm on Tight Spot Stocks
  VANCOUVER -- July 7/95 -- STAT -- International lentil markets continued to strengthen in a holiday shortened week. Exporters in Turkey increased asking prices for whole green lentils past prices available for current and new crop merchandise from Canada.

• Field Pea Markets Firm in Good Demand
  VANCOUVER -- July 7/95 -- STAT -- Moods in North American field pea markets were boosted by news the Indian government is actively encouraging imports of pulses in an effort to lower internal food costs.

• Australian Chick Pea Supply-Demand Estimates

• Australian Lupin Supply-Demand Estimates

• Australian Field Pea Supply-Demand Estimates

• U.S. Bean Crop May Reach 1.4 Million MT
  SAN DIEGO, CA -- July 10/95 -- STAT -- Dry edible bean production in the

• Bullish Mood Pervades World Pulse Conference
  SAN DIEGO, CA - July 10/95 -- STAT -- Traders attending this year's

• Japanese Pulse Production May Climb This Summer
  SAN DIEGO, CA - July 11/95 -- STAT -- Normal yields would see pulse

• Brazilian Petfood Needs Explode in Lifestyle Changes
  BRASILIA -- July 14/95 -- STAT -- Many Brazilians choose to live alone, particularly in large cities. This behavior is resulting in a boom in ownership of pets. Proof of this is the 6% increase in the number of cat owners in the medium to high incomeclass. Brazil has an estimated 2 million cats and 15 million dogs as pets. Consumption of industrialized ration for dogs and cats has an annual growth rate of 15 to 20%.

• U.S. Bean Production Estimates by Variety

• S. African Crop Estimates Unchanged
  The fifth official estimate of South Africa's' 1994/95 summer crops

• Nean Markets Foresees 9% Production Fall in U.S.
  VANCOUVER -- July 14/95 -- STAT -- Dry edible bean markets remained firm last week as news flowing into markets remained bullish in nature.

• Canaryseed Continues Bullish Trek
  VANCOUVER -- July 14/95 -- STAT -- Canaryseed markets are ending the 1994-95 season with more gusto than they began. Canadian markets stormed past U.S. $14.50 cwt in steady speculative trading last week.

• Shortages of Small Seeded Lentils Possible in 1995-96
  VANCOUVER -- July 14/95 -- STAT -- International lentil markets remained generally firm in steady trading conditions last week.

• Field Pea Markets Worry About Canada's Yields
  VANCOUVER -- July 14/95 -- STAT -- North American field pea markets remained generally firm last week despite observations growing conditions in the U.S. pea and lentil region were nearly perfect for green peas.

• WCE Examines CIF Feed Pea Contract
  WINNIPEG -- July 17/95 -- STAT -- The Winnipeg Commodity Exchange is considering changing the delivery point on its proposed feed pea contract from Thunder Bay to north European ports.

• India's Rainfall Still Behind Normal
  For the week ending July 5, the monsoon remained stalled in its

• Feed Pea Exports On Target to 550,000 MT Record
  WINNIPEG -- July 18/95 -- STAT -- Canadian feed pea exports are on target to set a new record of at least 550,000 MT this season, according to the latest port clearance figures released by the Lake Shippers Clearance Association.

• Saskatchewan Crops Behind Normal
  REGINA -- July 18/95 -- STAT -- Crop development in Saskatchewan is lagging behind normal in most parts of the province, according to the latest crop report from Saskatchewan Agriculture and Food.

• USDA Buys 4,435 MT Green Peas for Food Aid
  KANSAS CITY -- July 19/95 -- STAT The USDA today bought 4,435 MT of whole green peas and 140 MT of lentils for shipment as food aid between August 6 and September 15.

• USDA Buys Beans for Food aid
  KANSAS CITY -- STAT -- The following purchases were made under Invitation No. 075A dated June 27, 1995, for shipment during the period August 20 - September 5, 1995. The product(s) listed below are for the Food for Progress Program.

• USDA Buys 740 MT Lentils
  KANSAS CITY -- July 20/95 -- STAT -- The USDA's Kansas City Commodity Office today bought 740 MT of lentils for shipment as food aid between August 20 - September 5 under Invitation No. 075C dated July 13, 1995.

• Consumers Worry About Raging Markets
  VANCOUVER -- July 21/95 -- STAT -- Consumers seemed befuddled last week. At a time when they believe specialty crops are in the midst of an elongated seller's market, sellers in some key production areas appeared to lose interest, allowing prices to ease.

• Easing North American Beans Ignore Fundamentals
  VANCOUVER -- July 21/95 -- STAT -- North American dry edible bean markets were mostly easier last week. Underlying fundamentals in world markets are good and production problems continue to be reported in parts of the United States.

• Canaryseed Relaxes, While Millet Pulls Forward
  VANCOUVER -- July 21/95 -- STAT -- Birdseed market performance was mixed again last week, with canaryseed easing, while millet values pushed forward.

• Red Lentil Crop Shrinks 80,000 MT in Turkey
  VANCOUVER -- July 21/95 -- STAT -- Lentil markets were generally stronger last week. Turkish exporters rose asking prices for all sizes of green and red lentils amid reports of severe damage to the red lentil crop from recent rains.

• Chick Peas Rocket into New Crop
  VANCOUVER -- July 21/95 -- STAT -- International chick pea markets continued their upward march last week. Values in Mexico and the United States posting solid week to week gains, while Turkish markets seemed poised for further advances.

• Direct seeding could boost field pea yields
  Preliminary results suggest direct seeding field peas is possible and could reduce producer costs says an Alberta Agriculture research agronomist.

• Farmers Must Make Marketing a Deliberate Act
  CALGARY -- July 26/95 -- STAT -- The following is a portion of a speach given by STAT Publishing's senior market analyst to Alberta Agriculture's Special Crops Conference -- Opportunities and Profits,

• Modify Internel Selling Triggers to Market Conditions
  CALGARY -- July 26/95 -- STAT -- The following is a portion of a speach given by STAT Publishing's senior market analyst to Alberta Agriculture's Special Crops Conference -- Opportunities and Profits,

• Moving Into the Marketing Chain
  CALGARY -- July 26/95 -- STAT -- The following is a portion of a speach given by STAT Publishing's senior market analyst to Alberta Agriculture's Special Crops Conference -- Opportunities and Profits.

• Exporting Increases Risks to the Unwary
  CALGARY -- July 26/95 -- STAT -- The following is a portion of a speach given by STAT Publishing's senior market analyst to Alberta Agriculture's Special Crops Conference -- Opportunities and Profits.

• USDA Tenders for Dry Edible Beans
  KANSAS CITY -- July 25/95 -- The Commodity Credit Corporation (CCC) invites offers subject to the terms and conditions of each applicable announcement, to sell to CCC, the approximate quantities of the following product(s) for use in export programs. The shipping period is between September 6 and October 5, 1995. No details were released as to when offers were due and the results would become available.

• Pea and Lentil Tenders Total 8,657 MT

• USDA Seeks Offers on 5,421 MT Beans

• USDA Tenders for 14,078 MT Pulses

• Feed Pea Future Loss Riles Alberta Agriculture
  EDMONTON -- July 27/95 -- Alberta Agriculture -- The delay of the feed pea futures on the Winnipeg Commodity Exchange can be summed up in one word, sampling. The current pea sampling tools used in most Canadian terminal elevators have proven highly variable. Traders and exchange officials are concerned that basing a futures settlement mechanism on currently employed sampling technology may restrict participation.

• Sugar Dumping Ruling Could Boost Canadian Prices
  EDMONTON -- July 27/95 -- Alberta Agriculture -- A recent interim decision by Revenue Canada is getting mixed reviews. Consumers are worried about rising refined sugar cost, but domestic sugar refiners are hailing the decision.

• CCC Supplier Credit Guarantees Proposed
  WASHINGTON -- July 28 -- The U.S. Department of Agriculture issued a proposed rule to establish a Supplier Credit Guarantee Program.

• Organic Standards Recommended to USDA
  WASHINGTON -- July 28 -- The National Organic Standards Board (NOSB) has forwarded most of its recommended standards for the National Organic Program to the U.S. Department of Agriculture. NOSB is an advisory group to Secretary of Agriculture Mike Espy.

• CORRECTED -- USDA Pea and Lentil Tenders

• CORRECTED -- USDA Dry Edible Bean Tenders

• CORRECTED -- USDA September Pulse Tenders

• Food Aid Budget Defended by USADPLC
  VANCOUVER -- July 28/95 -- STAT -- Last week's USDA PL-480 food aid tenders for the opening month of the 1995-96 marketing year may have given some people in the pulse industry in that country a bit of a start.

• Argentine Beans Explode, U.S. Limp
  VANCOUVER -- July 28/95 -- STAT -- North American dry edible bean markets continued to soften last week, with the U.S. dry edible bean index losing 12 points to end trading at 775.

• Birdseed Ingredient Markets Generally Firmer
  VANCOUVER -- July 28/95 -- STAT -- Birdseed ingredient markets were generally firmer last week. Though oil sunflower values dropped in line with falling soybean oil markets, confection sunflower values were unchanged in both spot and new crop shipping positions.

• Turkish Market Leads Lentils Upward
  VANCOUVER -- July 28/95 -- STAT -- International lentil markets maintained their upward momentum last week, pulled higher by Turkish green and red lentil values.

• Chick Pea Markets Continue Advance
  VANCOUVER -- July 28/95 -- STAT -- Chick peas continue to dominate news in the field pea complex. Turkish values posted massive gains during the week as exporters reported heavy rains in key parts of the growing area.

• U.S. Green Pea Supply-Demand Estimates

• U.S. Lentil Supply-Demand Estimates

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