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Pea Markets Uncertain Before Intentions Report

VANCOUVER - Jul 19/09 - SNS -- Field pea markets finished the week's trading with tension over the coming April 24 Canadian seeding intentions report starting to build.

Recent weeks have seen a major improvement in price one and movement for western Canadian field peas. Bulk conventional exports will soon exceed all of last season, with the result it is clear ending stocks will be significantly smaller than feared.

The relative price performance of peas versus lentils should see some switching from peas to lentils in some regions.


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