STAT Communications Ag Market News

Peas Find Supportive News

PANAMA - Dec 14/18 - SNS -- The world's field pea markets are finishing the 2018 calendar year on a firm note, with grower and export prices showing an upward trend in most regions.

Reports that heavy rains have caused significant problems with Argentina's green pea and lentil crops have resulted in a modest improvement in demand from buyers in that country and other parts of South America.

While the relaxation in trade tensions between China and the United States has already resulted in purchases of soybeans, the timing may not hurt peas because prices had already started to move to levels which were not truly competitive with other livestock feed ingredients.

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