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11/01/2008
Pick of pulse positives this spring says trader
If you are thinking about growing pulses this spring, think about the positives says Ian Skinn, pulses trader with Gleadell Agriculture. The market for good Human Consumption types is there, it is constant, and it requires continued supply.
"Contracts for new crop are being offered at a minimum £30 over feed and, with the prospects of plantings being lower than last year, feed values should revert to a normal spread of £20 over feed wheat," Mr Skinn pointed out. "This means Human Consumption type values could be £50 over feed wheat as a starting point."
"When you add in the agronomics of a crop that has very low input costs, is generally easy to combine and is very capable of withstanding wet harvesting conditions, the possible future for pulses is more secure than it appears at first glance, but it needs continuity of supply. " Mr Skinn added.
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"Contracts for new crop are being offered at a minimum £30 over feed and, with the prospects of plantings being lower than last year, feed values should revert to a normal spread of £20 over feed wheat," Mr Skinn pointed out. "This means Human Consumption type values could be £50 over feed wheat as a starting point."
"When you add in the agronomics of a crop that has very low input costs, is generally easy to combine and is very capable of withstanding wet harvesting conditions, the possible future for pulses is more secure than it appears at first glance, but it needs continuity of supply. " Mr Skinn added.
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