Canadian Pea Stocks Dwindling

PANAMA - Jan 18/19 - SNS -- Relatively strong export movement continued to support field pea markets through the past week.

Bulk loadings of peas by export terminals are now just below the quantity shipped by this time last year, slipping from 1.03 million to 992,200 metric tons (MT).

More significantly, product continues to be accumulated by the bulk export system at a relatively strong pace. Deliveries by farmers into the primary elevators now accounting for 48% of last year's harvest, compared to 35% of the previous year's harvest by the middle of January last year.