Not a lot of change in pea markets from last week. Canada appears to be well-balanced, in relation to world markets, according to a stat report. Despite larger Indian and Black Sea supplies, the US market is reporting much smaller crops. This offset in supply is holding yellow pea pricing fairly firm during this expected seasonal lull. For green peas, pricing is looking positive. However, a stat report is expecting green pea gains to be gradual rather than a sharp spike up. Right now, yellow peas are trading closer to $7.50/bu picked up while green peas are trading at $8.00/bu FOB. We do still have options for more aggressive yellow pea pricing with movement pushed to the new year, contact your merchant for details.

Read Full Article Here