UK Pea Prices Ease as Mild Autumn Supports Harvest and Logistics

UK dried pea prices are edging lower into late October, with modest week‑on‑week declines in both green and marrowfat peas, while Ukrainian FCA values in Odesa are holding steady after earlier softness. The overall tone is mildly bearish in the short term as harvest progress, comfortable domestic feed pulse prices and cautious export demand weigh on the market. After a notably mild and drier‑than‑normal October in much of the UK, fieldwork and late harvesting have generally faced few weather‑related interruptions, reinforcing supply-side pressure on pea prices. Domestic feed pea indications have been broadly stable in recent days, suggesting limited nearby demand pull from compounders. In Ukraine, Black Sea security risks and higher freight and insurance costs are constraining sellers but have not translated into higher FCA pea prices. Buyers across Europe remain well covered, keeping spot interest selective.

Prices

Latest quotations in EUR show a further softening in UK origin peas into 24 October 2026. Dried marrowfat peas FOB London eased to 1.15 EUR (from 1.18 EUR a week earlier), while dried green peas FOB London slipped to 0.909 EUR (from 0.92 EUR). Ukrainian peas ex Odesa are steady in local terms: dried yellow peas 98% FCA Odesa are at 0.16 EUR, unchanged versus 22 October, and dried green peas 98% FCA Odesa at 0.19 EUR, also stable.

UK ex‑farm feed pea prices have been broadly flat since mid‑October, reflecting a well‑supplied domestic protein complex alongside subdued demand from flexible feed compounders, who are also weighing competitive bean and cereal alternatives.

Supply & Demand

Reports from UK pulse market bodies suggest limited export pull for green and marrowfat peas, with European buyers favouring cheaper protein sources from continental Europe and Canada. Contracting for specialist marrowfat peas for the 2026 crop is largely complete, leaving spot parcels more exposed to feed values where quality is mixed. Overall, feed peas remain a niche component of rations compared with beans, capping upside demand.

In Ukraine, pea export logistics remain constrained by heightened security risks in and around Odesa, including damage to port infrastructure and storage that has cut deep‑sea capacity. As a result, flows are being redirected to Danube ports and western land routes, increasing freight costs and eroding FOB competitiveness even as FCA Odesa pea prices have softened. Forward‑looking analysis points to planned cuts in Ukraine’s pea acreage for 2027, which would tighten global export availability longer term, but this has not yet translated into nearby price support.

Weather & Crop Conditions (GB‑Focused)

UK weather in October has been notably mild, with average temperatures running well above seasonal norms and only intermittent rainfall, enabling good progress with late peas and follow‑on fieldwork. A recent 10‑day outlook from the Met Office indicates high pressure dominating, bringing largely dry conditions, sunshine in the day and cooler nights, a pattern supportive of final drying and logistics rather than creating new weather‑related risks.

Looking beyond the immediate horizon, seasonal guidance linked to El Niño points to a greater likelihood of wetter, windier conditions later in autumn and early winter across the UK, but this is more relevant for winter drilling and storage logistics than for the 2026 pea harvest, which is effectively complete. Near‑term weather therefore reinforces a slightly bearish supply tone for UK peas.

Market Drivers

• Domestic protein competition: Stable feed pea and bean prices in the UK, combined with comfortable grain stocks, limit feed compounders’ incentive to bid peas higher in the short run.
• International protein dynamics: EU anti‑dumping measures on high‑protein pea protein from China support EU value‑added processors but have only an indirect effect on raw pea demand; the measures target processed pea protein rather than whole dry peas.
• Black Sea risk premium: Despite increasing security risks around Odesa and higher freight and insurance, Ukrainian FCA pea prices have softened on cautious international demand, keeping a competitive floor under European pea markets.

Trading Outlook

• UK growers: With marrowfat and green pea FOB prices on a gentle downtrend and domestic demand subdued, holding high‑quality, colour‑sound parcels may offer modest carry potential into winter, but off‑spec lots are likely to trade close to feed values; consider selling these on near‑term dips in sterling or freight.
• Feed buyers (GB): Current pea values, in line with stable ex‑farm feed pea assessments, look attractive versus historical protein spreads. Locking in a portion of Q4–Q1 coverage now, while Black Sea‑related volatility is discounted, can hedge against later weather or logistics shocks.
• Importers in EU/Med: Ukrainian FCA Odesa prices remain competitive but operational and shipping risks persist. A diversified origin strategy (UK/continental Europe plus selective Ukraine) is prudent, with attention to changing insurance terms and corridor reliability.

3‑Day Directional Price View (GB‑Centric)

• GB dried marrowfat peas, FOB London: Sideways to slightly softer over the next three days as mild, dry UK weather supports logistics and no fresh demand catalyst is evident.
• GB dried green peas, FOB London: Bias to marginal further easing, tracking the broader flat‑to‑soft tone in UK feed peas and competitive protein alternatives.
• UA dried peas, FCA Odesa (green & yellow): Largely stable in the very short term; Black Sea risk limits aggressive discounting, while cautious export demand caps any rebound.