Deliveries to South Australia’s bulk handler, Viterra, hit 3.5 million tonnes (Mt) on Monday while progress in Queensland, NSW and Victoria has seen GrainCorp’s harvest total to yesterday reach 3.86Mt.
What’s behind the tumble in pulse prices – especially for chickpeas – in a year when Australian crops are mediocre and full of quality issues?
Unharvested wheat and barley in Victoria, southern NSW and eastern South Australia will struggle to make premium grades following an unwelcome 25-100 millimetres of rain and more in places over Friday and Saturday.
Although demand for lentils is flat at present, the adoption of new varieties and farm practices outweigh the minuses over the long term.
The Indian Government’s introduction of a 50 per cent tariff on peas has created waves of uncertainty for major exporters, including Australia which supplies this key global pulse market.
Pulses processor AGT Foods Australia was last night named the winner of the Premier of Queensland’s 2017 Export Awards in the agribusiness category.
Pulse Australia’s estimate for Australia’s 2017 lentil production has this week been lifted 29 per cent to 540,000 tonnes from the ABARES figure of 419,000t released in its September crop report, while the faba bean estimate has taken a hit, dropping 11pc to 305,000t from last month’s ABARES estimate of 341,000t.
Peter McMeekin looks at what lies behind the supply-and-demand outlook for the Australian chickpea crop now being harvested.
Danish company BioMar is believed to be negotiating the purchase of two mothballed industrial sites near Devonport in northern Tasmania on which to develop its 110,000-tonne-per-annum aquafeed plant.
National grain farmer representative body, GrainGrowers, will work to enhance export opportunities for Australia’s quality grains, pulses and oilseeds and improve business relationships through consultations with high-ranking government officials and customers as part of Australia Business Week in India this week.