STAT Communications Ag Market News

Slow Exports Hamper Pea Prices

PANAMA - Sep 29/17 - SNS -- Field pea markets were little changed in relatively light trade and relatively slow export movement during the past week.

As of September 17, Canadian bulk loadings for export were down 396,000 metric tons (MT) from the same period last year at over 603,000 MT. There are enough peas in position to suggest bulk loading by the end of September will reach at least 500,000 MT.

This is on par with 2013, when 521,300 MT were loaded for bulk export in August and September. Last year, almost 1.09 million was loaded for bulk export, compared to 870,800 MT in 2015 and 815,500 in 2014.

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