STAT Communications Ag Market News

Bulk Pea Movement Seasonally Slow

WINNIPEG - Jul 25/17 - SNS -- The Canadian Grain Commission (CGC) reports 84,300 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 June.

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 down 58% from the 201,700 MT shipped the same month last year and down 24% from the 111,100 MT loaded for export the previous month.

Movement so far this marketing year is up from the previous season, at a record 3.31 million MT for the current eleven month period, compared to 2.33 for the same period during the previous marketing year.

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