Canada Pulse and Special Crops Report
January 12, 2009
For 2008, total production of pulse and special crops (P&SC) in Canada increased by 16% to 5.3 million tonnes (Mt), based on Statistics Canada November production estimates. Compared to 2007, average yields were higher for all P&SC. Crop abandonment was generally higher than for 2007, but lower than the five-year average. Indications are that quality was generally similar to, or lower than, 2007.
Total supply increased by only 11% because the increase in production was partially offset by lower carry-in stocks. Total exports of P&SC are forecast to fall slightly to 3.6 Mt. Total carry-out stocks are expected to more than double to 1.2 Mt. Carry-out stocks are expected to rise for all P&SC, except for chickpeas and canary seed. Average prices, over all types, grades and markets, are forecast to decrease from 2007-08 for dry peas, chickpeas and canary seed and increase for lentils, dry beans, mustard and sunflower seed. The main factors to watch are: the volatility of commodity markets, the impacts of tighter worldwide credit conditions, ocean freight rates, the Canada-US dollar exchange rate and the crop conditions on the Indian subcontinent and in the Middle East.
Production in 2008-09 fell marginally to 0.3 Mt due to lower area. Canadian exports are projected to decline marginally due to the reduced supply. Carry-out stocks are expected to rise marginally. US production is forecast to be unchanged from last year at 1.3 Mt. The average price, over all types and grades, is forecast to increase from last year.
For 2008-09, production fell sharply due to lower area. Canadian exports are forecast to reemain similar to last year and carry-out stocks are expected to fall sharply. The average price, over all types and grades, is forecast to fall marginally compared to a year ago.
Dry Beans (a): December 12, 2008