STAT Communications Ag Market News

Strong Bulk Pea Movement in March

WINNIPEG - May 5/17 - SNS -- The Canadian Grain Commission (CGC) reports 389,000 metric tons (MT) field pea were loaded for export through licensed terminal and primary elevators which are required to report to it all grain movement in March.

The CGC data does not include exports in containers or from non-reporting terminals. It is important to recall that the CGC data may not match official export data. The CGC counts product when it is loaded to ships, while Statistics Canada bases its calculations on the bill of lading date.

The CGC reports exports are up 108% from the 187,000 MT shipped the same month last year and up 98% from the 196,400 MT loaded for export the previous month.

Movement so far this marketing year is up from the previous season, at a record 2.61 million MT for the current eight month period, compared to 1.94 for the same period during the previous marketing year.

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