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Pea market solid – watching weather, Indian demand

Tightening supplies and solid demand continue to keep pea bids well supported in Western Canada, although uncertainty over whether that demand will continue was keeping some caution in the market as attention turns to the upcoming crop.












Traders are seen focusing on a handful of key countries including Brazil, India, the U.S. and China to gauge the global urea market.

Get urea booked sooner rather than later, trader says

Farmers will want to lock in supplies before seasonal demand kicks in

Glacier FarmMedia – The global urea market is in a period of mixed signals. Buyers in Australia and Southeast Asia made purchases in early January, putting upward pressure on prices. Plus, stocks in North America are relatively low, which is also supportive. On the other side of the coin, China may delay exports until the […] Read more