Export demand for feed peas to Europe is expected to remain strong due to lower European production. Export demand of food peas to Latin America and especially Asia, is also expected to remain strong due to lower world production. Domestic consumption, mainly for livestock feed, is forecast to increase as livestock producers become more accustomed to using peas in their rations, combined with good supply and competitive prices. Carry-out stocks are forecast to remain stable. The weighted average price of all types and markets is forecast to be similar to 1998-99.
Domestic use is forecast to remain stable.
The increased red lentil supply will enable Canada to increase exports to markets which prefer red lentils. White pea bean harvested area is forecast to more than double. Carry-out stocks are expected to rise sharply. USDA is forecasting a marginal increase in the US dry bean production. Lower US pinto and black bean production is expected to be offset by increased white pea bean production.