Post on 14-Sep-2014
description
USA PULSE USA PULSE CROPSCROPS
JEFF VAN PEVENAGEJEFF VAN PEVENAGE
SENIOR VICE PRESIDENTSENIOR VICE PRESIDENT
COLUMBIA GRAINCOLUMBIA GRAIN
Washington/IdahoWashington/Idaho
#1 Green Peas BrandedChickpeas
Pardina & RegularLentils
Pardina Lentils
Green Lentils
Yellow Peas
Green Peas
MontanaMontana#1 Green Peas#1 Yellow Peas #2 Green Peas
#2 Yellow Peas
Richlea & EstonLentils
Red Lentils
Red Lentils
Green Lentils
Yellow Peas
Green Peas
North Dakota & South North Dakota & South DakotaDakota
#2 Green Peas#2 Yellow Peas
Red Lentils
Green Lentils
Yellow Peas
Green Peas
NebraskaNebraska
Yellow Peas
STATE BY STATE PEA STATE BY STATE PEA SEEDINGSEEDING
050,000
100,000150,000200,000250,000300,000350,000400,000450,000
Acres
2013 2012 2011 2010
Year
United States Acreage
Green Peas
Yellow Peas
0
20,000
40,000
60,000
80,000
100,000
120,000
Acres
2013 2012 2011 2010
Year
Washington/Idaho Acreage
Green Peas
Yellow Peas
0
50,000
100,000
150,000
200,000
250,000
Acres
2013 2012 2011 2010
Year
North Dakota Acreage
Green Peas
Yellow Peas
0
50,000
100,000
150,000
200,000
250,000
Acres
2013 2012 2011 2010
Year
Montana Acreage
Green Peas
Yellow Peas
PNW PRODUCTION PNW PRODUCTION SEASON WEATHERSEASON WEATHER
PNW REGION IDEAL WITH EARLY PNW REGION IDEAL WITH EARLY SEASONSEASON
FROST HIT AFTER SEEDING STUNTEDFROST HIT AFTER SEEDING STUNTED HOT WEATHER DURING BLOOM ETCHOT WEATHER DURING BLOOM ETC HARVEST WAS MIXED WITH EARLY HARVEST WAS MIXED WITH EARLY
HARVEST GOOD BUT LATER HAS HARVEST GOOD BUT LATER HAS BLEACHBLEACH
YIELDS AVERAGEYIELDS AVERAGE
MONTANA PRODUCTION MONTANA PRODUCTION SEASON WEATHERSEASON WEATHER
WESTERN MONTANA EARLY AND WESTERN MONTANA EARLY AND IDEALIDEAL
NE MONTANA LATE SEEDED AND NE MONTANA LATE SEEDED AND LATE HARVESTINGLATE HARVESTING
GROWING SEASON IDEALGROWING SEASON IDEAL OVER 10% ACREAGE LOST TO OVER 10% ACREAGE LOST TO
WEATHERWEATHER YIELDS WERE RECORDYIELDS WERE RECORD
NORTH DAKOTA NORTH DAKOTA PRODUCTION SEASON PRODUCTION SEASON
WEATHERWEATHER AREA WET EARLY AND LATE AREA WET EARLY AND LATE
SEEDEDSEEDED COOL WET SUMMERCOOL WET SUMMER HARVEST LATEHARVEST LATE YIELDS VERY GOODYIELDS VERY GOOD QUALITY LOOKS AVERAGE SOME QUALITY LOOKS AVERAGE SOME
BLEACHBLEACH
2013 US PRODUCTION2013 US PRODUCTION OVERALL YIELDS WERE HIGHEROVERALL YIELDS WERE HIGHER LENTILS YIELDS WERE HIGH APPEARANCE LENTILS YIELDS WERE HIGH APPEARANCE
AVERAGEAVERAGE CHICKPEAS SIZING SMALLER THAN LAST YEAR CHICKPEAS SIZING SMALLER THAN LAST YEAR
BUT QUALITY GOODBUT QUALITY GOOD YELLOW PEAS YIELD HIGHER AND QUALITY YELLOW PEAS YIELD HIGHER AND QUALITY
GOODGOOD US Will export commercially higher volumesUS Will export commercially higher volumes
US #1 GREEN PEA PRODUCTION HIGHER BUT US #1 GREEN PEA PRODUCTION HIGHER BUT NOT AS HIGH AS PEOPLE THINKNOT AS HIGH AS PEOPLE THINK- USA NEARLY SOLD OUT OF ANYTHING WITH - USA NEARLY SOLD OUT OF ANYTHING WITH QUALITYQUALITY
USPLTA FAQ USPLTA FAQ CERTIFICATIONCERTIFICATION
Pacific Northwest RegionPacific Northwest Region Green Peas - Quality Impairment Green Peas - Quality Impairment
for bleach US #3 WGPfor bleach US #3 WGP Yellow Peas - US #1 Yellow Peas - US #1 Medium Lentils US #1 Medium Lentils US #1 Small Lentils US #1Small Lentils US #1 Chickpeas US #1 73% crop above Chickpeas US #1 73% crop above
22/64 sieve ave seed count 54 22/64 sieve ave seed count 54 SPOSPO
USPLTA FAQUSPLTA FAQMidwest Midwest
Whole Green Pea - Quality Whole Green Pea - Quality Impairment Bleach US #2Impairment Bleach US #2
Whole Yellow Pea US #1Whole Yellow Pea US #1 Lentils US #1Lentils US #1
Chickpeas Not enough dataChickpeas Not enough data
PEA BY CLASS PEA BY CLASS PRODUCTION PRODUCTION ESTIMATIONESTIMATION
0
100
200
300
400
500
600
2010 2011 2012 2013
YELLOW
GREEN
US PEA US PEA PRODUCTION/ACREAGEPRODUCTION/ACREAGE
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
1,000,000
2009 2010 2011 2012 2013 2014
Production (MT)
Acreage
US DOMESTIC PEA US DOMESTIC PEA DISAPPEARANCEDISAPPEARANCE
US Field Pea Disappearances
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
180,000
200,000
2009 2010 2011 2012 2013 2014
Year
MT
Usage (MT)
US GREEN PEA EXPORT US GREEN PEA EXPORT DESTINATIONSDESTINATIONS
1)1) INDIA down 28% INDIA down 28% 47 TMT 47 TMT
2)2) CHINA up 60% CHINA up 60% 33 TMT33 TMT
3)3) CANADACANADA4)4) PHILIPPINESPHILIPPINES5)5) SAUDI ARABIASAUDI ARABIA6)6) MEXICOMEXICO7)7) COLOMBIA COLOMBIA
8)8) PERUPERU9)9) TAIWANTAIWAN10)10) KENYAKENYA11)11) KOREAKOREA12)12) SOUTH AFRICASOUTH AFRICA13)13) BELGIUMBELGIUM14)14) RUSSIA - up RUSSIA - up
600%600%15)15) TURKEYTURKEY16)16) CHILECHILE
US YELLOW PEA EXPORT US YELLOW PEA EXPORT DESTINATIONSDESTINATIONS
1)1) INDIA down 28%INDIA down 28%
2)2) CHINA up 600%CHINA up 600%
3)3) PAKISTAN up 200%PAKISTAN up 200%
4)4) BELGIUMBELGIUM
5)5) INDONESIAINDONESIA
6)6) TAIWANTAIWAN
7)7) KOREAKOREA
US LENTIL EXPORT US LENTIL EXPORT DESTINATIONSDESTINATIONS
1)1) INDIAINDIA
2)2) SPAINSPAIN
3)3) PERUPERU
4)4) MEXICOMEXICO
5)5) ITALYITALY
6)6) CANADACANADA
7)7) UNITED ARAB UNITED ARAB EMIRATESEMIRATES
8)8) SRI LANKASRI LANKA
9)9) EGYPTEGYPT
10)10) TURKYTURKY
US Lentil Acreage and US Lentil Acreage and ProductionProduction
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
2009 2010 2011 2012 2013 2014
Production (MT) Acreage
US LENTIL PRODUCTION / US LENTIL PRODUCTION / EXPORTSEXPORTS
US Lentil Production/Export
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
2009 2010 2011 2012 2013 2014
Year
MT
Production (MT) Total Export
US LENTIL EXPORTSUS LENTIL EXPORTSUS Lentil Exports
0
50,000
100,000
150,000
200,000
250,000
2009 2010 2011 2012 2013 2014
Year
MT
Total Export
US CHICKPEA EXPORT US CHICKPEA EXPORT DESTINATIONSDESTINATIONS
1)1) SPAINSPAIN
2)2) TURKEYTURKEY
3)3) CANADACANADA
4)4) ITALYITALY
5)5) INDIAINDIA
6)6) LEBANONLEBANON
7)7) COLOMBIACOLOMBIA
8)8) ISRAELISRAEL
9)9) ALGERIAALGERIA
10)10) JAPANJAPAN
US CHICKPEA US CHICKPEA DISAPPEARANCEDISAPPEARANCE
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
2009 2010 2011 2012 2013 2014Year
US Chickpea Disappearance
Total Exports Domestic
US CHICKPEA US CHICKPEA PRODUCTION VS ENDING PRODUCTION VS ENDING
STOCKSSTOCKSUS Chickpea Production vs End Stocks
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
180,000
2009 2010 2011 2012 2013 2014
Year
MT
Production End Stocks
FREIGHT AND FREIGHT AND LOGISTICSLOGISTICS
POWER AND CREW SHORTAGEPOWER AND CREW SHORTAGE
WEATHER DELAYSWEATHER DELAYS
SHIFT IN RESOURCES TOWARD OILSHIFT IN RESOURCES TOWARD OIL
RECORD LARGE CORN CROPRECORD LARGE CORN CROP
MAINTENANCE AND UPGRADESMAINTENANCE AND UPGRADES
FREIGHT SHIFT FREIGHT SHIFT
US CRUDE US CRUDE PRODUCTIONPRODUCTION
Pulse Export TimelinePulse Export Timeline
2014 CROP ECONOMIES2014 CROP ECONOMIESPNWPNW
-50
0
50
100
150
200
250
300
SWW LENTILS GARBS SWSW MALTBARLEY
GREENPEAS
SPRINGWHEAT
CANOLA FEEDBARLEY
Eastern Washington 2014 Crop Economies
2014 CROP ECONOMIES2014 CROP ECONOMIESMONTANAMONTANA
0
20
40
60
80
100
120
140
MALTBARLEY
CANOLA GREENPEAS
LENTILS WHEAT DURUM FEEDBARLEY
YELLOWPEA
CENTRAL MONTANA 2014 CROP ECONOMIES
Series1
Series2
-20
0
20
40
60
80
100
MALTBARLEY
LENTILS FLAX GREENPEAS
CORN YELLOWPEAS
DURUM CANOLA SPRINGWHEAT
FEEDBARLEY
Eastern Montana 2014 Crop Economies
2014 CROP ECONOMIES2014 CROP ECONOMIESNORTH DAKOTANORTH DAKOTA
-40
-20
0
20
40
60
80
100
120
GREENPEAS
MALTBARLEY
FLAX YELLOWPEAS
LENTILS CORN DURUM SPRINGWHEAT
CANOLA FEEDBARLEY
Western North Dakota 2014 Crop Economies
2014 EXPECTED 2014 EXPECTED SEEDINGSSEEDINGS
GREEN PEA ACRES INCREASEDGREEN PEA ACRES INCREASED
YELLOW PEA ACRES INCREASEDYELLOW PEA ACRES INCREASED
LENTILS ACRES SIDEWAYSLENTILS ACRES SIDEWAYS
CHICKPEAS ACRES DECREASEDCHICKPEAS ACRES DECREASED
US PULSE TRENDSUS PULSE TRENDS
MORE DOMESTIC USE FOR GARBANZOMORE DOMESTIC USE FOR GARBANZO MORE COLOR SORTING AND MORE COLOR SORTING AND
PROCESSING THUS INCREASING PROCESSING THUS INCREASING AMOUNTS OF HIGHER QUALITY AMOUNTS OF HIGHER QUALITY PRODUCTPRODUCT
CROSS BORDER TRADECROSS BORDER TRADE MORE TRANSPORTATION OPTIONS MORE TRANSPORTATION OPTIONS
OPENINGOPENING MORE BULK VESSEL BUSINESS WILL MORE BULK VESSEL BUSINESS WILL
OCCUROCCUR
THANK YOU THANK YOU