STAT Communications Ag Market News

United States Pea Bean Dealer Price Review

VANCOUVER - Sep 6/20 - STAT -- U.S. Pea Bean markets finished the 2019-20 marketing year with prices soaring 18% above the recent three year average annual price on inter-dealer markets in that country.

The average trading level for Pea Bean was USD$45.14 per 100 pounds (cwt), compared to an average annual market value of $38.23 during the previous three year period for machine dressed merchandise packed in bags on an FOB plant basis in Michigan.

Analysis of the monthly price pattern reveals the highest monthly average was $54.50 per cwt in April, while the lowest monthly average trading level was $34.25 per cwt in October.

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