I guess it would be Humic acids, if peat has an effect. Do you know if you have high organic carbon in your water from the water board report?What I meant (and expressed badly Embarassed ) was, what salts might be naturally present in my water that would result in a low mash pH (since zero salts -distilled water - produces a higher pH than I seem to be getting). But you answered that with the peat thing; obviously we still don't know if that's it or not.
http://en.wikipedia.org/wiki/Humic_acid