Market Updates
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…
Read More 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…
Read More 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…
Read More 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…
Read More 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…
Read More 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…
Read More 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…
Read More 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…
Read More PULSE MARKET UPDATE – FEBRUARY 2022
It continues to be remarked how mild and dry the winter has been to date, and with autumn sown crops looking generally excellent, it is hard to see many growers deciding to rip them out and plant pulses instead. At this stage despite the huge hikes in ammonium nitrate prices and raised awareness that pulse…
Read More PULSE MARKET UPDATE DECEMBER 2021
The autumn has, for most, been very open and it appears that the opportunity to maximise winter sowing opportunities has been taken, perhaps spurred on by memories of recent autumn experiences and current high values for wheat. This is reflected in the planting intentions reported in the AHDB Early Bird Survey which forecasts a drop in Pulse…
Read More PULSE MARKET UPDATE OCTOBER 2021
For the majority the pulse harvest is over, with a few crops of beans still standing the further travelled north. The consensus is that yields have been much improved from crop 2020 and the quality is significantly better too, though of course there are always exceptions. The values for pulse crops have also risen, generally…
Read More PULSE MARKET UPDATE AUGUST – SEPTEMBER 2021
The UK Pulse harvest is probably only just starting for the majority, August has been so cool, we are perhaps 3 weeks behind what is ‘normal’, with just 20% through. Whilst south of the midlands, most have harvested their winter beans and peas, crops of these remain to be taken further north and very few…
Read More