STAT Communications Ag Market News

Seasonally Slower Bulk Pea Movement

WINNIPEG - Jun 28/17 - SNS -- The Canadian Grain Commission (CGC) reports 201,700 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 May.

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 30% from the 155,300 MT shipped the same month last year but down 52% from the 418,200 MT loaded for export the previous month.

Movement so far this marketing year is up from the previous season, at a record 3.23 million MT for the current ten month period, compared to 2.22 for the same period during the previous marketing year.

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