STAT Communications Ag Market News

China Lifts December Pea Movement

WINNIPEG - Jan 23/18 - SNS -- The Canadian Grain Commission (CGC) reports 65,200 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 December.

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 down 70% from the 217,700 MT shipped the same month last year but up 77% from the 36,800 MT loaded for export the previous month.

Movement so far this marketing year is down from the previous season, dropping 53% for the first five months of the marketing year to 952,800 MT, compared to 2.02 for the same period during the previous marketing year.

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