Pea prices in Ukrainian ports have restored a historic high

According to IA "APK-Inform", from the first decade of January the price situation in the pea sector in deep-water ports of Ukraine (CPT-port site) began to develop again in an upward trend, and even more actively. "Despite the general volatility in the export direction, pea prices are mainly subject to upward adjustments due to difficulties in forming the required volumes of legumes due to restrained sales by farmers and a gradual decrease in domestic stocks, as well as a 15% reduction in production in Ukraine this season. In addition, the rise in prices is facilitated by the persistence of high competition from processing companies, many of which have also significantly increased prices for this crop, and similar price dynamics in the segment of related crops (especially soybeans and a number of niche crops) ", - commented on the situation markets of IA "APK-Inform" Anna Tanska. Under the influence of the above factors, demand prices for peas have increased by an average of ...