STAT Communications Ag Market News

Peas Holding Relatively Firm

PANAMA - Jan 25/20 - SNS -- Field pea markets were little changed during the past week, though the pace at which exporters are accumulating inventory is showing signs of slowing.

Buyers in destinations such as Pakistan and Bangladesh appear to be well covered for their short term needs, which may be contribute to a pause in the pace of export movement.

Markets were moderately pleased to see the pace of seeding of this year's rabi season crop slow in India during the past week. Even so, there is no expectation India will resume significant purchases of peas after March.

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