Green Peas

[wd9]

Seems anyone who grew green peas this year is faced with a real marketing challenge, finding an edible market. Anyone have any ideas?

[TOM4CWB]

WD9,

THe list of all registered buyers of pulses in Alberta is at:
http://www.pulse.ab.ca/marketing/dealers.htm

[WRAPper]

WD9
Canadian green pea growers could be in for another disappointing year in terms of premiums. Glen Laxdal, of Lakeside Pulse and Special Crops Ltd. in Wynyard, Saskatchewan, tells farmassist.ca that while it is still too early to determine the quality of this year’s green pea crop, he doesn’t expect significantly higher premiums for green peas compared to yellows.

[wd9]

Wrapper, don't you mean significantly higher than feed? There seems to be little to no human movement, hope it gets better.

[carebear300]

Those that can afford to wait will be paid quite well I think but those of us that have to sell something to pay the bills you may as well bite the bullet and get on to the next decision.

[WRAPper]

Just pulled that for you from one of the morning"reports" that float into the email box here thought it might confirm a little what you were saying about the greens. What does the Pulse association people say when you ask them? Charlie/Lee ? I'm afraid I watch the yellow markets closely but not growing greens only watch them a little. Man I'm admitting I don't know something put a mark on the wall huh. Would Mark Olsen know?

[charliep]

Saw Mark the other day at the Fababean and Lupin field day. Both he and Ken Lopetinsky are making good progress in bringing these crops forward into the main stream in Alberta.

Green peas tend to be a smaller/more distinct market than yellows. The impact is more price volatility between not enough supply/high prices and too much/prices similar to yellows. Other will have better ideas but my suspision is that the quality of this years crop crop (most important issue) and reasonable yields.

Comments I have heard from a couple of analysts is that peas are likely a crop it will pay to bin in the fall/market during the winter. Nobody I see is really bullish but there are some good things on the demand side that could tend to pull prices higher.

I will note that peas are a crop that need a futures market/forward pricing mechanism to have more visible price discovery. A problem now is that everyone (buyers, merchants, farmers) sit on the fence until the fall when the crop is in the bin. It would also allow improved supply/value chain relationships. Something like yellow mustard contracts applied to green peas.

[Zaphod]

Just saw a blurb that new-crop green lentils seem to have lost a bit of colour because of the the sun. Don't know if this applies to green peas, but it could mean premiums will still be there if you have good colour.

[melvill]

The strong market for peas this year is India. That country is short of desi chickpeas, which are a yellow pulse, not green. So as desi prices climb, yellow pea prices are dragged upward as a substitute for desis.

The main market for greens is Latin America where demand isn't so strong. Plus the U.S. grows mainly greens so there's more recent competition there. On analysis I read is that North American only needs about 750,000 t of edible greens and it looks like this year's crop is about 1.25 million t.