Green Peas Lead Pulse Sector Pricing
VANCOUVER - Nov 24/12 - SNS -- Green peas are taking their turn as the lead commodity in the pulse sector, with Canadian markets soaring to record high levels in both inter-dealer and grower markets.
Though global field pea production is up significantly over last year, available supplies of green peas in the three key exporting countries have fallen far short of normal demand for the second year in a row.
Total green pea production in Canada, the United States and Argentina is likely up over last year, a steep decline in ending stocks has resulted in a situation where the available supply of human consumption quality product is down for the third year in a row.
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