E-Delivery

www.albertapulse.com APG is proposing that the following change be added to the Marke ng Plan Regula on under Sec on 10 with the proposed wording below: Financing of the Plan 10 In accordance with the regula ons, (a) this Plan is to be financed i. by the charging and collec on of service charges from eligible producers, and ii. by any other money payable to or received or accrued by the Commission; Ques ons or comments about this change can be directed by email at office@albertapulse.com with Marke ng Plan Financing in the subject line or call APG toll-free at 1-877-550-9398, no later than April 30, 2018. To view the current APG Marke ng Plan Regula on visit h p://www.qp.alberta.ca/1266.cfm?page=1999_120.cfm& leg_type=Regs&isbncln=9780779780686 NOTICE TO MEMBERS Alberta Pulse Growers (APG) is investigating a change to the Marketing Plan Regulation (see link at right). This change will allow APG to use other sources of revenue, such as research royalties, to finance its activities. Currently, the Commission is only allowed to collect service charges as income (Alberta Pulse Growers Marketing Plan Regulation Section 10 – Financing the Plan). Results of the Indian rabi harvest will be the main factor in how soon trade resumes but results are s ll unclear. Seeded area of peas, len ls and chickpeas are all higher than a year ago, the previous record. Offse ng this year's record acreage was a dearth of rainfall through most of the rabi season, which likely trimmed yields to some degree. Even so, a few ini al harvest reports are favourable but lower yields in other areas will offset some of the increased acreage. Ul mately, the ques on is whether this year's rabi crops will allow India to be self-sufficient. That may be the case for some crops, but not for peas and len ls. Indian pea consump on can be roughly es mated by adding domes c produc on and imports together. For peas, last year (2016/17) was an excep on with very high imports, but for the two years before that, Indian consump on was roughly 3.0 million tonnes. Even with a solid rabi crop in 2017/18, more than half of India's needs would need to be imported. Indian pea imports would be well off last year's record level of 3.17 million tonnes, but 1.8-2.0 million tonnes is certainly realis c. A similar situa on applies to len ls. India is a li le be er at mee ng its domes c needs but imports are s ll required. Even with a record rabi len l crop, India would produce less than two-thirds of normal consump on around 2.0 million tonnes. This would mean imports of 700-800,000 tonnes would s ll be needed. That's likely less than the last 2-3 years but demand won't disappear en rely. These scenarios mostly affect yellow peas and red len ls as Indian farmers mainly grow those two types. Green len ls and green peas will s ll be in demand as these two types are mainly imported. Besides, Canadian exports of green len ls and green peas don't rely as heavily on India so the market impact is limited. Chickpeas haven't been men oned in this report because Canada exports very few chickpeas to India and the tariffs had virtually no impact. That said, a bigger rabi chickpea (especially kabulis) crop in India will likely depress next year's global kabuli markets. Even though India will need to start impor ng yellow peas and red len ls again, that trade may not start showing up in the short-term. The upcoming Indian harvest means supplies there will be comfortable for the next few months, and renewed imports may not start flowing un l summer or fall of 2018. Even then, Canada will need to compete against other exporters who are also wai ng to get their pulses back into India. But the light at the end of the tunnel is already in sight. P U L S E C R O P N E W S S P R I N G 2 0 1 8 | 3 3

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