The USA Pulse Crops by Columbia Grain. Presentation at The Pulses Conclave 2014 from India Pulse & Grains Association, IPGA

1. USA PULSE CROPS
JEFF VAN PEVENAGE
SENIOR VICE PRESIDENT
COLUMBIA GRAIN

2. Washington/Idaho
Pardina & Regular
Lentils
#1 Green Peas Branded
Chickpeas
Green Lentils
Pardina Lentils
Yellow Peas
Green Peas

3. Montana
Richlea & Eston
Lentils
#1 Green Peas
#1 Yellow Peas
#2 Green Peas
#2 Yellow Peas
Red Lentils
Green Lentils
Red Lentils
Yellow Peas
Green Peas

4. North Dakota & South Dakota
Green Lentils
#2 Green Peas
#2 Yellow Peas
Red Lentils
Yellow Peas
Green Peas

5. Nebraska
Yellow Peas

6. STATE BY STATE PEA SEEDING
United States Acreage
450,000
400,000
350,000
300,000
250,000
Acres
200,000
150,000
100,000
50,000
0
Montana Acreage
250,000
200,000
150,000
Green Peas
Acres
Green Peas
100,000
Yellow Peas
Yellow Peas
50,000
0
2013
2012
2011
2013
2010
2012
Year
2011
2010
Year
North Dakota Acreage
Washington/Idaho Acreage
120,000
250,000
100,000
200,000
80,000
150,000
Acres 60,000
Green Peas
40,000
Yellow Peas
20,000
Acres
Green Peas
100,000
Yellow Peas
50,000
0
0
2013
2012
2011
Year
2010
2013
2012
2011
Year
2010

7. PNW PRODUCTION SEASON
WEATHER





PNW REGION IDEAL WITH EARLY
SEASON
FROST HIT AFTER SEEDING STUNTED
HOT WEATHER DURING BLOOM ETC
HARVEST WAS MIXED WITH EARLY
HARVEST GOOD BUT LATER HAS
BLEACH
YIELDS AVERAGE

8. MONTANA PRODUCTION
SEASON WEATHER





WESTERN MONTANA EARLY AND
IDEAL
NE MONTANA LATE SEEDED AND
LATE HARVESTING
GROWING SEASON IDEAL
OVER 10% ACREAGE LOST TO
WEATHER
YIELDS WERE RECORD

9. NORTH DAKOTA PRODUCTION
SEASON WEATHER





AREA WET EARLY AND LATE SEEDED
COOL WET SUMMER
HARVEST LATE
YIELDS VERY GOOD
QUALITY LOOKS AVERAGE SOME
BLEACH

10. 2013 US PRODUCTION




OVERALL YIELDS WERE HIGHER
LENTILS YIELDS WERE HIGH APPEARANCE
AVERAGE
CHICKPEAS SIZING SMALLER THAN LAST YEAR BUT
QUALITY GOOD
YELLOW PEAS YIELD HIGHER AND QUALITY GOOD


US Will export commercially higher volumes
US #1 GREEN PEA PRODUCTION HIGHER BUT NOT
AS HIGH AS PEOPLE THINK
- USA NEARLY SOLD OUT OF ANYTHING WITH
QUALITY

11. USPLTA FAQ CERTIFICATION
Pacific Northwest Region





Green Peas - Quality Impairment for bleach
US #3 WGP
Yellow Peas - US #1
Medium Lentils US #1
Small Lentils
US #1
Chickpeas US #1 73% crop above 22/64
sieve ave seed count 54 SPO

12. USPLTA FAQ
Midwest

Whole Green Pea - Quality Impairment Bleach
US #2

Whole Yellow Pea

Lentils

Chickpeas
US #1
US #1
Not enough data

13. PEA BY CLASS PRODUCTION
ESTIMATION
600
500
400
YELLOW
GREEN
300
200
100
0
2010
2011
2012
2013

15. US PEA
PRODUCTION/ACREAGE
1,000,000
900,000
800,000
700,000
600,000
Production (MT)
500,000
Acreage
400,000
300,000
200,000
100,000
0
2009
2010
2011
2012
2013
2014

16. US DOMESTIC PEA
DISAPPEARANCE
US Field Pea Disappearances
200,000
180,000
160,000
140,000
MT
120,000
100,000
80,000
60,000
40,000
20,000
0
2009
2010
2011
2012
Year
Usage (MT)
2013
2014

17. US GREEN PEA EXPORT
DESTINATIONS
1)
2)
3)
4)
5)
6)
7)
INDIA down 28% 47
TMT
CHINA up 60% 33
TMT
CANADA
PHILIPPINES
SAUDI ARABIA
MEXICO
COLOMBIA
8)
9)
10)
11)
12)
13)
14)
15)
16)
PERU
TAIWAN
KENYA
KOREA
SOUTH AFRICA
BELGIUM
RUSSIA - up 600%
TURKEY
CHILE

18. US YELLOW PEA EXPORT
DESTINATIONS
1)
2)
3)
4)
5)
6)
7)
INDIA down 28%
CHINA up 600%
PAKISTAN up 200%
BELGIUM
INDONESIA
TAIWAN
KOREA

20. US LENTIL EXPORT
DESTINATIONS
1)
2)
3)
4)
5)
INDIA
SPAIN
PERU
MEXICO
ITALY
6)
7)
8)
9)
10)
CANADA
UNITED ARAB
EMIRATES
SRI LANKA
EGYPT
TURKY

21. US Lentil Acreage and Production
700,000
600,000
500,000
400,000
300,000
200,000
100,000
0
2009
2010
2011
Production (MT)
2012
Acreage
2013
2014

22. US LENTIL PRODUCTION /
EXPORTS
US Lentil Production/Export
450,000
400,000
350,000
300,000
MT
250,000
200,000
150,000
100,000
50,000
0
2009
2010
2011
2012
Year
Production (MT)
Total Export
2013
2014

23. US LENTIL EXPORTS
US Lentil Exports
250,000
200,000
MT
150,000
100,000
50,000
0
2009
2010
2011
2012
Year
Total Export
2013
2014

25. US CHICKPEA EXPORT
DESTINATIONS
1)
2)
3)
4)
5)
SPAIN
TURKEY
CANADA
ITALY
INDIA
6)
7)
8)
9)
10)
LEBANON
COLOMBIA
ISRAEL
ALGERIA
JAPAN

26. US CHICKPEA DISAPPEARANCE
US Chickpea Disappearance
140,000
120,000
100,000
80,000
60,000
40,000
20,000
0
2009
2010
2011
2012
Ye ar
Total Exports
Domestic
2013
2014

27. US CHICKPEA PRODUCTION VS
ENDING STOCKS
US Chickpea Production vs End Stocks
180,000
160,000
140,000
120,000
MT
100,000
80,000
60,000
40,000
20,000
0
2009
2010
2011
2012
Year
Production
End Stocks
2013
2014

28. FREIGHT AND LOGISTICS

POWER AND CREW SHORTAGE

WEATHER DELAYS

SHIFT IN RESOURCES TOWARD OIL

RECORD LARGE CORN CROP

MAINTENANCE AND UPGRADES

29. FREIGHT SHIFT

30. US CRUDE PRODUCTION

31. Pulse Export Timeline

32. 2014 CROP ECONOMIES
PNW
Eastern Washington 2014 Crop Economies
300
250
200
150
100
50
0
-50
SWW
LENTILS
GARBS
SWSW
MALT
BARLEY
GREEN
PEAS
SPRING
WHEAT
CANOLA
FEED
BARLEY

33. 2014 CROP ECONOMIES
MONTANA
CENTRAL MONTANA 2014 CROP ECONOMIES
Eastern Montana 2014 Crop Economies
140
100
120
80
100
60
80
Series1
60
40
Series2
20
40
0
20
-20
0
MALT
BARLEY
CANOLA
GREEN
PEAS
LENTILS
WHEAT
DURUM
FEED YELLOW
BARLEY
PEA
MALT LENTILS
BARLEY
FLAX
GREEN
PEAS
CORN YELLOW DURUM CANOLA SPRING FEED
PEAS
WHEAT BARLEY

34. 2014 CROP ECONOMIES
NORTH DAKOTA
Western North Dakota 2014 Crop Economies
120
100
80
60
40
20
0
-20
-40
GREEN MALT
PEAS BARLEY
FLAX
YELLOW LENTILS
PEAS
CORN
DURUM
SPRING CANOLA FEED
WHEAT
BARLEY

35. 2014 EXPECTED SEEDINGS

GREEN PEA
ACRES INCREASED

YELLOW PEA
ACRES INCREASED

LENTILS
ACRES SIDEWAYS

CHICKPEAS
ACRES DECREASED

36. US PULSE TRENDS





MORE DOMESTIC USE FOR GARBANZO
MORE COLOR SORTING AND PROCESSING
THUS INCREASING AMOUNTS OF HIGHER
QUALITY PRODUCT
CROSS BORDER TRADE
MORE TRANSPORTATION OPTIONS OPENING
MORE BULK VESSEL BUSINESS WILL OCCUR

37. THANK YOU