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Feed Peas Steady to Firm
VANCOUVER - Nov 18/05 - SNS -- International feed pea markets finished the week's trading on a steady to firm note against good disappearance and favorable price relationships to soybean meal and other ingredients.
A simple comparison of feed pea and soybean meal futures values has generated buy signals for feed peas 38 of the past 40 weeks. Exceptions were this past week and the middle of September -- moments when soybean meal came under exceptional pricing pressure.
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