STAT Communications Ag Market News

United States Navy or Pea Bean Grower Price Review

VANCOUVER - Sep 3/16 - STAT -- United States Navy or Pea Bean markets finished the 2015-16 marketing year with prices offered to growers falling 15% below the recent three year average annual price offered to growers in that country.

The average price paid for Navy or Pea Bean was USD$30.42 per 100 pounds (cwt), compared to an average annual bid of $35.88 during the latest three year period for farmers dressed merchandise delivered processing plants.

Analysis of the monthly bid pattern reveals growers the highest monthly average bid was $34.80 per cwt in September, while the lowest monthly average bid level was $29.50 per cwt in August.

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