Canada may struggle to find markets for its peas

게시됨 2025년 5월 30일

Tridge 요약

Canada will likely be facing more competition in pea export markets this year. Russia’s production is expected to rebound after a disappointing 2024-25 harvest, said Gaurav Jain, analyst with AgPulse Analytica. He is forecasting 5.01 million tonnes of production in 2025-26, up from 3.92 million tonnes last year. “Mother Nature was not so kind on

원본 콘텐츠

Russian peas last season,” Jain told delegates attending the Global Pulse Confederation’s Pulses 25 conference in Singapore in late-May. Exports are expected to fall to 1.7 million tonnes in 2024-25 from the massive 3.37 million tonne program the previous year when Russia gained access to both the Chinese and Indian markets. Jain is forecasting 2.43 million tonnes of Russian pea exports for the upcoming crop year. Rustam Guliev, a trader with Top Grain, thinks Jain’s production forecast is too optimistic. He thinks the top end will be 4.4 to 4.5 million tonnes, but it could easily be less than that due to drought and frost in some regions. Jain said growing pulses is becoming increasingly popular in Russia because the crops do not face the same steep export duties as competing crops such as wheat, corn and some oilseeds. Jain said Siberia is experiencing the biggest increase in pea production due to its proximity to the Chinese market. Canadian production for 2025-26 is forecast ...

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