Export Movement Supports Peas
VANCOUVER - Jun 9/12 - SNS -- Field pea markets were little changed during the past week, with spot markets supported by ongoing movement of old crop product from Canada and the United States.
Canadian exporters appear to face a technical shortage of product on export commitments for June, with the quantity of peas in the primary elevator and export terminal pipeline slightly below sales commitments.
This is helping support field pea bids to growers and giving markets little incentive to pursue destination buyers, other than for new crop product.
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