Tight Stocks Keep Peas Firm
VANCOUVER - Jul 8/11 - SNS -- Relatively tights stocks at the grower level continued to support field pea markets through the past week, with bids for all classes of peas remaining near their season highs.
Markets in the United States were also supported by ongoing USDA PL-480 food aid tender activity, with government buyers seeking offers for 1,370 metric tons (MT) of split yellow peas for shipment from origin during August.
Government buyers also confirmed the purchase of 10,020 metric tons (MT) of yellow split peas for shipment from origin during August. It is worth noting processors did not offer the full quantity of peas sought. No offers were received for 1,810 MT of yellow split peas and 210 MT of whole yellow peas.
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