STAT Communications Ag Market News

Bulk Pea Movement Slowing

WINNIPEG - Dec 29/16 - SNS -- The Canadian Grain Commission (CGC) reports 236,200 metric tons (MT) field pea were loaded for export through licensed terminal and primary elevators which are required to report to it all grain movement in November.

The CGC data does not include exports in containers or from non-reporting terminals. It is important to recall that the CGC data may not match official export data. The CGC counts product when it is loaded to ships, while Statistics Canada bases its calculations on the bill of lading date.

The CGC reports exports are up 63% from the 144,500 MT shipped the same month last year but down 31% from the 344,000 MT loaded for export the previous month.

Movement so far this marketing year is up from the previous season, at a record 1.667 million MT, compared to 1.28 during the first four months of previous marketing year.

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