March 25, 2022
The GPC hosted a CEO Roundtable featuring industry leaders from across the pulses community. The recording of the session is now available to GPC members.
00:00 Introduction by session moderator, Mr. Sunil Patwari from Seasons Overseas.
04:56 Mr. Vijay Iyengar discusses the systemic weaknesses in global shipping and logistics that the past two years brought to the forefront, the changes entailed (such as the disruption of just-in-time inventory practices), and how the whole pulses industry had to adapt.
9:10 With the Russia-Ukraine war in the current landscape, Mr. Iyengar explores the expectations for global trade in the next six months, including the escalation in freight rates.
11:09 In a context of growing worldwide food shortages, export controls, currency issues, inflation, sanctions and lack of production, what can the GPC and its members do to ensure that food supplies stay open? Ms. Cindy Brown shares her views on how, working together in the international arena, we can push and make our points known.
13:40 Ms. Cindy Brown comments on inflation in the US -with rates unseen for the last 40 years- and in developing countries and the impact on the global food supply.
17:26 Mr. Huseyin Arslan highlights the impact that local industry leaders can make against government restrictions worldwide. “Everybody should take part of this,” says Mr. Arslan.
23:55 Mr. Rav Kapoor shares some key tips for navigating a landscape of volatility and devaluations in different regions and markets. Best advice: do not speculate on currency, if you cannot manage the financial risk.
28:20 Will we see a pulse crop from Ukraine’s and Russia´s farmers this year? For Mr. Will Watchorn not only war, but currency and export issues, as well as changes in consumption, are factors to consider. 30:00: Rising pea prices and their impact on the global pea market, by Mr. Will Watchorn.
32:53 Mr. Iyengar and Mr. Kapoor share an outlook about the Indian pulses market in the next six months, with a focus on red lentils, black matpe and pigeon peas.
37:15 How will pulse crops compete given higher cereal and oilseed prices? Ms. Cindy Brown answers from an USA & Canada perspective.
39:45 Will there be any crop in the Black Sea region, and if not, what will be the reaction of Canada, the US and Argentina? Mr. Huseyin Arslan shares his views.
44:00 Mr. Arslan analyzes if there is a need to revisit the GPC Contract, among current challenges.
45:40 Moderator Sunil Patwari shares his insight about food inflation in India and its impact on pulses imports.
46:52 The pulses industry is speeding up in terms of digitalization, and Mr. Will Watchorn explains one of the ongoing major revolutions: the move to an innovative blockchain technology platform built to modernize global trade operations.
49:39 Ms. Cindy Brown and Mr. Sunil Patwari on the upcoming in-person Pulses 2022. After two years of pandemic pause, and amid this crisis scenario, it is more important than ever to come together and to understand what is happening.
54:19 Mr. Vijay Iyengar estimates the expectations of growth for the plant protein industry in the next five years. It’s a still young industry, but there is only room to grow further.
53:53 Mr. Sunil Patwari and Mr. Rav Kapoor comment on the new import quota for mung beans in India, and the challenges that changing government policies pose.
1:01:50 Mr. Rav Kapoor comments if we should expect more government restrictions affecting the pulses market in the near future.
1:03:35 Ms. Cindy Brown’s closing remarks.
Disclaimer: The opinions or views expressed in this publication are those of the authors or quoted persons. They do not purport to reflect the opinions or views of the Global Pulse Confederation or its members.
