In the current season, Ukraine has increased pea production by 16%. Thus, agrarians have already threshed 559 thousand tons of peas from 241 thousand hectares or 99% of the area.
Since the beginning of the season, purchase prices for peas in Ukraine gradually rose following the wheat prices. But they are constrained by limited demand from traditional importers. India, a major importer of the commodity, has significantly increased its own production. Countries from the Middle East are getting better offers from Russian Federation. And EU will be more active in the pulse market after they finish their own crop.
Today’s purchasing prices are 280 $ / t CPT port for yellow peas and 420 $ / t CPT port for green peas.
Processors buy peas with delivery to the plant for UAH 8,500 / t, which exceeds exporters’ price.
The following reports may be of interest to you: