Mixed Finish in Peas
PANAMA - Apr 30/16 - SNS -- International field pea markets finished the week's trading on a mixed note despite solid, ongoing export movement.
Data from the Canadian Grain Commission (CGC) suggests Canada is experiencing a bulge in bulk export movement this month, with clearances for the first three weeks of April pushing past 173,000 metric tons (MT), compared to bulk loadings on 135,700 MT in March and 141,700 in February.
Feeding this movement, by the third week of April, Canadian farmers had sold 73% of the peas they grew last year to primary elevators, compared to 60% the previous year. This reflects the dominance of bulk export movement this season as markets take advantage of lower average ocean freight rates.
Birdseeds Unchanged to Easier
PANAMA - Apr 30/16 - SNS -- North American birdseed ingredient markets were little changed in seasonally light trading interest during the past week.
While white proso millet seed managed to advance in both grower and inter-dealer markets, Canadian canaryseed, confection sunflower and oil-type sunflower were largely unchanged.
For its part, the U.S. based National Sunflower Association said weakness in the U.S. dollar is starting to stimulate export selling for most agricultural commodities.
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