Demand Optimism in Peas
PANAMA - Nov 30/18 - SNS -- International field pea markets ended the week's trading on a firmer note, supported by purchases for shipment during the first quarter of 2019.
This has contributed to firming export asking prices. Market tone has also been helped by the reduction in surplus stocks because of shipments to China's livestock feed industry.
Though bulk loadings remain below the first 17 weeks of the previous marketing year, demand from bulk exporters has lifted deliveries from farmers close to last year's levels.