STAT Communications Ag Market News

Solid Demand Continues For Peas

PANAMA - Sep 25/20 - SNS -- Export movement continued to support international field pea markets during the past week, which is helping reduce on-farm inventories of peas in Canada at a faster pace than last year.

As of September 20, Canadian growers had sold at least 29% of all peas they are expected to have available this season, compared to 22% during the same period last year.

The rapid absorption of inventories grower want to sell in the fall shipping period has resulted in higher prices in both grower and export markets.

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