STAT Communications Ag Market News

Bulk Pea Exports Slowing

PANAMA - Feb 19/17 - SNS -- Canadian bulk field pea exports remain well ahead of last year, with over two million metric tons (MT) loaded to ships and railcars for bulk export through the middle of February.

However, there are strong expectations movement will slow as exporters adopt a more cautious tone toward shipments to India because of the risk the exemption allowing product to be shipped without being fumigated with methyl bromide might not be extended after March 31.

Optimism about India's capacity to grow enough pulses to cover the bulk of its domestic needs has given the government more confidence about going back to rules which were in place a decade ago. None were repealed. Only exemptions were granted.

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