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Modest Decline in Field Peas
WASHINGTON - Mar 30/07 - SNS -- Field peas are not being affected as much by strong potential returns for major grains and oilseeds as initially expected, according to the USDA's seeding intentions estimates for 2007.
U.S. growers intend to plant 902,000 acres of field peas in 2007, down 3% from 2006 but 12% above two years ago. If realized, this would be the first decrease in dry edible pea planted acreage since 2000. Higher prices from competing crops have led to lower intended acreage in three of the five estimating States.
Intended acreage in North Dakota, the largest producing State, is down 15% from a year ago and 4% below the 2005 crop year. Idaho and Oregon expect to be down 33% and 18%, respectively.
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