Peas Fret Over India
PANAMA - Mar 18/17 - SNS -- Field pea markets continue to be supported by strong export movement, though there is an underlying concern about demand prospects from India through the balance of the year.
This year's massive increase in rabi season pulse output has long been expected to cool demand after February.
That is consistent with the country's purchase history. By the end of January, Canada typically ships 62% of all field peas it will move to India during any given marketing year. More significantly, an average of 41% of all Canadian field pea exports go to India.