Stocks Report Does Not Hurt Peas
VANCOUVER - Sep 6/14 - SNS -- Field pea markets were unaffected by Canada's July 31 stocks in all positions report and an upward revision to the size of the 2013 crop.
At 309,000 metric tons (MT) Ending stocks for the 2013-14 marketing year were lower than expected for field peas, while inferred sales to Canada's domestic livestock sector were a record high 715,000 MT.
Markets were hoping to see a larger ending stock number. Expecting yields to be no better than average, available supplies of peas will be down from last year.
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