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Old Crop pea Exports Almost Done
VANCOUVER - Jun 8/07 - SNS -- A dramatic slowdown in export shipping activity is having little impact on North American field pea markets, which are entering the last seven weeks of the 2006-07 marketing year on a strong note.
Growers remain convinced of the value of field pea remaining in their bins even though large North American seedings and optimism about Australian crop prospects point to a more competitive season ahead.
Markets are looking toward the Australian government's June 18 crop production estimates to see if they accept Pulse Australia's forecast for 2007-087 seeded area and yield prospects.
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