1 Quality Grains and Pulses For The World · US Chickpea Supply & Demand 20 (Jun/May crop year)...

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COLUMBIA GRAIN Quality Grains and Pulses For The World 1

Transcript of 1 Quality Grains and Pulses For The World · US Chickpea Supply & Demand 20 (Jun/May crop year)...

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COLUMBIA GRAIN

Quality Grains and Pulses

For The World

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Columbia Grain Inc was founded in 1978.

CGI is a Subsidiary of the Marubeni Corporation

Headquartered in Portland, Oregon.

320+ employees

18,000+ Suppliers

Columbia Grain serves customers both domestically and internationally. We export to more than 70 different countries

around the globe.

CGI is a vertically integrated company in control of our

products from the farmer to food and feed processors. Our traders originate grains and pulses directly from several

thousand farmers. Products are sourced, cleaned, sorted, and graded to meet each customer’s need

2 CGI Business Overview

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1995 USA Dry Pea

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Growing Region by County

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2019 USA Dry Pea

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Growing Region by County

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1995 USA Lentil

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Growing Region by County

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2019 USA Lentil

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Growing Region by County

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1995 USA Chickpea

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Growing Region by County

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2019 USA Chickpea

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Growing Region by County

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US Top Export Countries Dry Peas

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India China Canada Kenya Philippines Pakistan Ethiopia Djibouti Yemen

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DRY PEAS | TOP COUNTRIES | US EXPORTSCrop Year (June - May) Exports by Country | 2015/16 - 2018/19

SOURCE: USDA/NASS Data | October 25, 2019

2014/15 2015/16 2016/17 2017/18 2018/19

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US Top Export Countries Lentils

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India Spain Canada Mexico Peru Colombia Sudan

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LENTILS | TOP COUNTRIES | US EXPORTSCrop Year (June - May) Exports by Country | 2015/16 - 2018/19

SOURCE: USDA/NASS Data | October 25, 2019

2014/15 2015/16 2016/17 2017/18 2018/19

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US Top Export Countries Chickpeas

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India Spain Canada Pakistan Turkey Italy Portugal

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CHICKPEAS | TOP COUNTRIES | US EXPORTSCrop Year (June - May) Exports by Country | 2015/16 - 2018/19

SOURCE: USDA/NASS Data | October 25, 2019

2014/15 2015/16 2016/17 2017/18 2018/19

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US Pulse Exports to India

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2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19

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US Exports (MT) | Export Value to India2012-13 to 2018-19 Crop Year (June-May)

Dry Peas, Lentils, and ChickpeasSource: USDA/GATS

Lentils MT Chickpea MT Dry Peas MT Chickpea ($) Dry Peas ($) Lentils ($)

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US Dry Bean Production14

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US Pinto Bean Supply & Demand

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US Black Bean Supply & Demand

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US Navy Bean Supply & Demand

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US Dry Pea S&D

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(Jun/May crop year) (MT)

2017 2018 2019 Est

Planted Acreage (Acres) 1,128,000 845,000 1,103,000

Yields (bu) 20.9 28.6 33.8

Production (MT) 643,055 658,400 1,013,316

Carryin 321,127 267,857 203,982

Imports 107,781 138,928 105,000

Total Supply 1,071,963 1,065,185 1,322,298

Export 255,000 247,242 350,000

Seed 85,000 90,000 80,000

Domestic 415,000 493,561 500,000

Feed and Residual 49,106 30,400 40,000

Total Disppearance 804,106 861,203 970,000

Ending Stock 267,857 203,982 352,298

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US Lentil Supply & Demand

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(Jun/May crop year) (MT)

2017 2018 2019 Est

Planted Acreage (Acres) 1,104,000 805,000 486,000

Yields (bu) 11.3 17.7 18.5

Production (MT) 339,384 386,795 244,351

Carryin 55,066 79,833 144,425

Imports 42,047 62,259 55,000

Total Supply 436,497 528,887 443,777

Export 180,000 135,674 215,000

Seed 27,920 26,000 25,000

Domestic 122,047 177,788 145,000

Feed and Residual 26,697 45,000 20,000

Total Disppearance 356,664 384,462 405,000

Ending Stock 79,833 144,425 38,777

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US Chickpea Supply & Demand

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(Jun/May crop year) (MT)

2017 2018 2019 Est

Planted Acreage (Acres) 620,700 779,000 506,400

Yields (bu) 18.6 22.8 25.4

Production (MT) 314,564 482,765 350,383

Carryin 36,956 88,349 157,262

Imports 56,998 46,804 35,000

Total Supply 408,519 617,918 542,644

Export 127,327 122,754 120,000

Seed 42,000 35,000 32,000

Domestic 150,843 265,740 245,000

Feed and Residual 37,162 10,000

Total Disppearance 320,170 460,656 407,000

Ending Stock 88,349 157,262 135,644

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US Domestic Pulse Demand (MT)

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US Pulse Imports (MT)

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Montana 2020 Crop Return

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Malt

Barley Flax

Laird

Lentils

Richlea

Lentils

Impala

Lentils

Pardina

Lentils

Eston

Lentils

Green

Peas #1

Yellow

Peas

Green

Peas #2

Crimson

Lentils

Spring

Wheat Durum

Sierra

Chickpea

Market Yield 50 24 25 28 25 24 28 28 32 28 25 34 32 23

Market Price Indications 4.00$ 8.70$ 9.90$ 8.40$ 9.00$ 9.60$ 7.80$ 7.50$ 5.50$ 6.25$ 7.80$ 4.95$ 5.25$ 12.00$

Market Income 200.00$ 208.80$ 247.50$ 235.20$ 225.00$ 230.40$ 218.40$ 210.00$ 176.00$ 175.00$ 195.00$ 168.30$ 168.00$ 276.00$

Direct Costs

Seed 11.00$ 11.60$ 30.00$ 25.00$ 20.00$ 30.00$ 20.00$ 48.00$ 14.40$ 16.80$ 22.00$ 12.00$ 13.00$ 66.00$

Herbicides 16.00$ 28.50$ 34.60$ 34.60$ 34.60$ 34.60$ 34.60$ 33.00$ 33.00$ 33.00$ 34.60$ 25.20$ 25.20$ 35.40$

Fungicides 4.00$ -$ 16.00$ 16.00$ 16.00$ 16.00$ 16.00$ 1.50$ 1.50$ 1.50$ 16.00$ 5.00$ 5.00$ 50.00$

Fertilizer 18.00$ 25.57$ 7.87$ 7.87$ 7.87$ 7.87$ 7.87$ 11.53$ 11.53$ 11.53$ 7.87$ 44.89$ 41.53$ 12.47$

Crop Insurance 13.50$ 6.50$ 19.30$ 19.30$ 19.30$ 19.30$ 19.30$ 9.10$ 9.10$ 9.10$ 19.30$ 10.90$ 13.50$ 18.00$

Fuel & Lubrication 8.02$ 7.63$ 8.93$ 8.93$ 8.93$ 8.93$ 8.93$ 8.90$ 8.90$ 8.90$ 8.93$ 7.46$ 7.46$ 10.25$

Repairs 16.03$ 16.49$ 18.97$ 18.97$ 18.97$ 18.97$ 18.97$ 18.38$ 18.38$ 18.38$ 18.97$ 15.61$ 15.61$ 22.22$

Drying -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$

Miscellaneous 7.50$ 7.50$ 9.25$ 9.25$ 9.25$ 9.25$ 9.25$ 9.25$ 9.25$ 9.25$ 9.25$ 7.50$ 7.50$ 8.25$

Total Direct Costs 94.05$ 103.79$ 144.92$ 139.92$ 134.92$ 144.92$ 134.92$ 139.66$ 106.06$ 108.46$ 136.92$ 128.56$ 128.80$ 222.59$

Total Indirect Costs 36.03$ 35.91$ 41.41$ 41.41$ 41.41$ 41.41$ 41.41$ 40.85$ 40.85$ 40.85$ 41.41$ 34.55$ 34.43$ 48.88$

Total Costs 130.08$ 139.70$ 186.33$ 181.33$ 176.33$ 186.33$ 176.33$ 180.51$ 146.91$ 149.31$ 178.33$ 163.11$ 163.23$ 271.47$

Estimated Return 69.92$ 69.10$ 61.17$ 53.87$ 48.67$ 44.07$ 42.07$ 29.49$ 29.09$ 25.69$ 16.67$ 5.19$ 4.77$ 4.53$