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Currencies Confound Feed Peas
VANCOUVER - Sep 9/05 - SNS -- European feed pea markets ended the week down in U.S. dollar terms, and steady to slightly weaker in local currency terms.
The change in that market reflects significant weakness in the Euro versus the U.S. dollar; which is compounding the impact of strong Canadian and Australian dollars on prices sought for feed peas and lupins by exporters.
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