STAT Communications Ag Market News

United States Navy or Pea Bean Grower Price Review

VANCOUVER - Sep 6/20 - STAT -- United States Navy or Pea Bean markets finished the 2019-20 marketing year with prices offered to growers soaring 16% above the recent three year average annual price offered to growers in that country.

The average price paid for Navy or Pea Bean was USD$34.63 per 100 pounds (cwt), compared to an average annual bid of $29.74 during the latest three year period for farmers dressed merchandise delivered processing plants.

Analysis of the monthly bid pattern reveals growers the highest monthly average bid was $43.80 per cwt in April, while the lowest monthly average bid level was $27.50 per cwt in October.

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