May 2018 Peas Prices Recap

Peas prices over May did fluctuate a bit but ended the month basically where it began.

More specific specifically, old crop green peas prices are currently sitting around $8.50 CAD per bushel, although we did see some trades on the FarmLead Marketplace for $9.25 – $9.40.

For yellow peas prices, $7 CAD per bushel seemed to be consistently the bid seen at elevators across the Canadian Prairies. In the US Northern Plains, yellow peas prices ranged from $5.75 to $7 USD per bushel with trades happening on the FarmLead Marketplace across this range.

On the Canadian movement front, peas is the only pulse crop that is experiencing decent activity, thanks to strong farmer deliveries and Chinese buyers filling in for India’s absence.

What other factors have we been covering or have impacted peas prices?

And of course, we reported on the dry weather conditions across Western Canada.

Be sure to sign up for your free 3-week trial at GrainCents as this month could be the most impactful for how and when you price your peas for the rest of 2017/18 old crop, as well as a significant portion of your 2018/19 new crop production.

About the Author
Sarah Bader

Sarah Bader is a science communicator, dedicated to cutting through jargon and getting to the heart of the matter. A lifelong nerd, communications allows Sarah to share her love of science and tech with a wider audience. Sarah has a BA in Communications and Sociology from the University of Ottawa.

Most Recent Posts
Feb. 20 – Are Feed Barley Prices Being Reigned in by Corn?
February 20, 2019 Brennan Turner
Grain markets are mostly in the red today, with only corn prices finding a bid, which has had me thinking more about feed barley prices.
October 4: Corn Prices Edge Higher With October WASDE in Focus
October 04, 2018 Garrett Baldwin
Corn prices ticked higher Thursday as traders and analysts began to speculate on next week’s release of the October WASDE report.
Adjusting for 2019 Corn and Soybean Exports
January 16, 2019 Brennan Turner
With the USDA quiet on data reporting thanks to the government shutdown, is the market expecting more corn exports but less soybean exports?