Bulk Pea Movement Continues Slide
WINNIPEG - Nov 27/17 - SNS -- The Canadian Grain Commission (CGC) reports 176,600 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 October.
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 49% from the 344,000 MT shipped the same month last year and down 69% from the 574,100 MT loaded for export the previous month.
Movement so far this marketing year is down from the previous season, dropping 35% for the first three months of the marketing year to 1.79 million MT, compared to 2.76 for the same period during the previous marketing year.