STAT Communications Ag Market News

Canadian Pea Clearances Slow in February

VANCOUVER - Mar 3/08 - SNS -- Canadian field pea exports slowed in February, though port clearances remain well ahead of last season, rising 12.8% above export clearances reported during the same seven month period, according to data reported by members of the Canadian Ports Clearance Association.

Clearances at terminals reporting to the association totalled 1,111,345 metric tons (MT) between August and February. This compares to 984,971 MT last season and is just above the previous record 1,085,759 MT shipped during the first seven months of the 2005-06 marketing campaign.

Massive increases in export shipments of food quality peas to the Indian subcontinent remain the key reason Canadian field pea exports are able to maintain volumes even though feed pea shipments to Spain and other European buyers have plunged.

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