There has been limited change on the pea markets this week; compared to last. Looking at the crop conditions, the US is in significantly worse shape than Saskatchewan and Alberta. We have many spots in Saskatchewan that are quite dry. However, peas seem to be performing well, for the most part, since they aren’t grown in the driest southern areas. Reading through a Stat report, the Saskatchewan pea crop is rated 66% good to excellent. Moisture stress seems to be a common theme and isn’t only affecting North America. Australia’s pea crop is also down from last year and if rain doesn’t show up soon, production estimates may have to be trimmed further. With these weather issues there still seems to be little price response with old crop pricing coming closer to matching new crop values. Green peas are sitting at $8.00/bu picked up and select areas are showing $8.50/bu picked up on yellow peas.

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