Pea Values Supported by Exports
PANAMA - Oct 4/19 - SNS -- International field pea markets remain relatively firm in spot shipping positions, influenced by relatively strong opening season export movement.
Growers have been responding to spot bid levels. Deliveries into the bulk handling system pushed past one million metric tons (MT) by the end of September as the quantity loaded for bulk export jumped from 354,400 MT last year to 606,200 MT in the first two months of the 2019-20 marketing year.
If the September yield estimates for Canada's crop are accurate, farmers started the season with just over three million MT of peas they would need to sell, compared to 2.82 million last season.
Only active subscribers can read all of this article.
If you are a subscriber, please log into the website.
If you are not a subscriber, click here to subscribe to this edition of the STAT website and to learn more about becoming a subscriber.
