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Canada Pea weekly News on Dec. 5
2020 / 11 / 05

The pea market has not seen many changes since last week with yellows still holding strong at $8.75/bu and greens at $10.00/bu, both delivered plant. As we near $9.00/bu on yellow peas, growers may want to take a look at marketing some product; historically, yellow pea bids don’t get much better.  Green peas at $10.00/bu delivered may warrant holding on for a bit longer, but also not a bad starting point to make some hedges. Moving to specialty peas, maples remain strong, trading at $10.00 – 10.50/bu picked up on farm. In most cases, peas harvested this year were of good quality and the majority of product we see has been making #2 quality. We do have some movement options for sample/feed peas if you do have off spec. Higher bleach green peas have been priced around $7.00 – 8.00/bu picked up. New crop values haven’t surfaced quite yet, if you have a target price in mind let your merchant know.

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