China Lifts January Pea Movement
WINNIPEG - Mar 4/18 - SNS -- The Canadian Grain Commission (CGC) reports 85,700 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 January.
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 38% from the 137,800 MT shipped the same month last year but up 31% from the 65,200 MT loaded for export the previous month.
Movement so far this marketing year is down from the previous season, dropping 49% for the first five months of the marketing year to 1.03 MT, compared to 2.02 for the same period during the previous marketing year.
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