Weighing the Pulse Markets ahead of Seeding

As farmers scratch out last minute changes to seeding plans, economic factors always weigh in. Pulses, like red and green lentils or peas, all have the advantage of nitrogen fixation, making them an attractive crop rotation choice. But pulses are also smaller acreage crops and the marketing dynamics of each crop type can cause some to pass over the crop in favour of others.

Chuck Penner, of LeftField Commodity Research, spoke with Shaun Haney at Farm Tech ’13 about some of the over supply issues and demand changes plaguing some of the pulse groups. There are reasons, however, to keep pulses in rotation as there are big growth targets planned and many opportunities to build demand in less traditional markets. He also adds in his two cents about which of the pulse crops he feels could really have some medium term potential, if you’re willing to sit on stocks for awhile.

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