STAT Communications Ag Market News

Peas Remain Mixed Over Demand Worries

PANAMA - Mar 17/23 - SNS -- North American field pea markets finished the week's trading on a mixed note, with nominal export asking prices for Canada easing, while those in the U.S. help steady.

Though export movement has been steady, stocks in Canada are rising relative to prospective demand, putting pressure on both grower and export values.

The key change has been the virtual loss of access to China's feed pea market. Shipments for human consumption remain good, but overall shipments have declined significantly from what was seen in 2020-21.

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