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Feed Pea Values Back Off
VANCOUVER - Apr 8/05 - SNS -- International feed pea markets finished the weeks trading slightly lower on European markets, but mainly unchanged at both the grower and inter-dealer level in western Canada.
Overseas markets were influenced by the international outlook for other livestock feed ingredients. The problems facing markets were outlined by the latest USDA supply and demand updates. In the case of international coarse grain markets, the USDA expects 2004-05 world ending world stocks to increase 2.3% from last month's forecast to a projected 168.52 million metric tons (MT).
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