Peas Archives

Peas

IGC Forecasts Increase in Global Pea Production for FY2023/24 The International Grains Council (IGC) has released its predictions for the world production of dry peas in the marketing year 2023/24, anticipating a rise to 13.9 million tons. This forecast represents a modest increase of 0.5% compared to the previous season, primarily driven by a significant boost in the harvest within the Russian Federation, expected to reach 4 million tons—an increase of 400 thousand tons. Leading Producers The Russian Federation is poised to maintain its position as the world's largest producer of dry peas. Canada follows in second place, with an estimated harvest of 2.6 million tons, representing a decrease of 23.8% or 800 thousand tons compared to the previous season. European Union Contributions EU countries rank third in terms of production, with an expected increase in pea harvest to 2 million tons compared to the previous year. This growth is attributed to increased production in Romania, although Germany is anticipated to experience a decrease in production to 264,000 tons. Other Key Contributors In 2023, the United States saw a rise in pea production to 800,000 tons, an increase of 100,000 tons compared to the previous year. Ukraine also experienced growth, with production reaching 400,000 tons—an increase of 100,000 tons. Market Implications The substantial demand for imported feed protein in the EU underscores the importance of fully capitalizing on the potential of growing dry peas and other large-grain legumes across European countries. As global production trends shift, stakeholders must adapt to meet evolving market demands and capitalize on emerging opportunities in the agricultural sector.

In Ukraine pea prices are rising rapidly

Posted on 30. August 2021

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. […]

Peas prices in Ukraine are under pressure.

Posted on 18. August 2021

ODESA: In MY 2021/22, Ukrainian peas, as usual, face competition in the world market from their Russian counterpart. But the situation in Russia and all over the world is not […]

Ukraine has harvested more than 24 million tons of grains.

Posted on 3. August 2021

Odesa – Ukrainian agrarians have harvested early grain and leguminous crops as of July 30, 2021, on an area of 5.7 million hectares (37% of the forecast) with an average […]

Indian Pulses Market Getting Strong

Posted on 26. July 2021

The pulses market turned bullish after the government relaxed stock limits on pulses last week, and a firmer tone is likely to continue this week due to weak sowing coverage. […]

Yellow peas: Ukraine has exported first shipment of winter yellow peas this season.

Posted on 21. July 2021

The representatives of HarvEast have informed that their company has done first export of yellow peas new crop this year. Therefore, a vessel with 10 000 t winter peas went […]

combiner field harvest grain market Un Offers Turkish Bank to Mediate “Grain Agreement”

Ukraine has already harvested 5.5 mln tons of early grain

Posted on 20. July 2021

ODESA – Agrarians in all regions of Ukraine have begun harvesting early grain and leguminous crops. In particular, harvesting was carried out on an area of 1.3 million hectares (9% […]

Pulses: Will Global pulses trade slow down as India may boost production by 2030

Posted on 9. July 2021

The global pulse market that reached a volume of 92 million tons in 2020 – following annual growth of 3 per cent during the previous decade – is expected to […]

farmer crop harvest peas plants greenhouse

Ukraine peas exporters face problems

Posted on 7. July 2021

ODESSA – Ukraine is ready to start harvesting yellow peas in the southern regions. Some farmers even reported on receiving first volumes from the fields. The start of a full-scale […]

black lentil and pigeon: India signs an MoU with Myanmar for lentils

Posted on 25. June 2021

Mumbai – India signs an MoU with Myanmar to import 350.000 tonnes of black lentil and pigeon pea annually for five years. The country deals with imports of 250.000 metric […]

Spring sowing 2021 in Ukraine is coming to the end.

Posted on 11. June 2021

Within a month, Ukraine will start harvesting early grains. Meanwhile, the spring sowing period had some shifted terms and is still going on in some country regions, particularly soybeans. According […]

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