Market Updates

PULSE MARKET UPDATE – June 2024

Commentary Early estimations of 2024 crop were quickly realised to be on the high side by the time the Spring period arrived and pulse crop prices spiked as short sellers rushed to cover their positions. This forced those with options for the use of alternative protein sources to question the place of UK production in…
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PULSE MARKET UPDATE – April 2024

Commentary It seems that the 2023 trade estimates regarding crop availability were a little on the high side. Since the turn of the year pulse trade continued at a lower level than anticipated. Demand from core users has remained strong but supply has been somewhat harder to secure. Initially considered as reluctance of growers to…
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PULSE MARKET UPDATE – February 2024

Commentary Since the start of the new year, trade has continued at a lower level than that experienced before Christmas.There is still demand for pulses in the domestic markets which sellers continue to meet. Trade however is steady rather than exciting at present.Given the generally falling values for other crop commodities, pulses have held their…
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PULSE MARKET UPDATE – December 2023

Commentary During the run up to Christmas, trading of pulse crops has slowed remarkably, with few samples arriving with traders in recent days.Until now, market values have held up well and demand for UK-produced pulses remains strong.Opportunities in the export bean markets have been somewhat restrained by a combination of factors. There was early interest…
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PULSE MARKET UPDATE – October 2023

The DEFRA figures for the crop area in England have been released and there is a degree of uncertainty as to whether there was an increase in 2023 or not.   The actual figures show a small increase of 1.2% for beans and 6.5% for peas but given that there is a significant confidence interval…
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PULSE MARKET UPDATE – JULY 2023

With the start of the new crop pea harvest only three weeks or so away for the earliest southern growers, interest in old crop trading has started to wane. Crops in general are said to look good, with the general impression that baring any dramatic turn in weather conditions pulse harvest 2023 could be above…
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PULSE MARKET UPDATE – APRIL 2023

The Pulse trade since the start of the year has been relatively stable, opportunities were limited and following wheat futures, feed prices fell. Demand for pulses has however picked up a little in recent weeks and prices have stabilised over the last month. It is well known that values for agricultural commodities worldwide, take no…
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PULSE MARKET UPDATE – FEBRUARY 2023

Pulse trading slowed prior to the end of the year and the general impression is, it has been relatively quiet in the UK since. Pulse prices rose on the back of other commodities to a point at which the domestic feed processors were drawn away in favour of other mid-range protein products and they are…
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PULSE MARKET UPDATE – NOVEMBER/DECEMBER 2022

The recently published data from DEFRA suggests that the pulse crop area in England had increased  approximately 9% year on year. While the June survey pea area suggests a fall of 6.3%, the overall rise was driven by an uplift of approximately 13% in beans, although with a 5% confidence interval. This caught the trade…
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PULSE MARKET UPDATE – SEPTEMBER 2022

In general prices have risen with the market for other commodity grains throughout the year and have remained good thorough 2022 to date. There may be one or two crops of beans still to be taken ( perhaps in Scotland) but as far as we are aware pulse crop harvesting is now pretty much complete…
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PULSE MARKET UPDATE – JULY 2022

It is historically an unusual time of year to publish a Pulse Market Update. But these are not usual times. While freight issues remain, the post-covid chaos in shipping seems to be easing a little, bulk vessel tonnage is now more expensive than containerised shipments and shipping prices in general continue to rise. Domestic demand…
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PULSE MARKET UPDATE – MARCH / APRIL 2022

The tragedy that is the war in the Ukraine has had a massive impact on so many aspects of our collective lives and seems set to throw a shadow over local and international markets for almost everything for many months to come. As we contemplate the impact on the market for pulses, we retain in…
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