Peas could be an alternative to soybeans and sunflowers for Ukrainian farmers - thought

Published 2024년 3월 26일

Tridge summary

The 2024 agricultural season in Ukraine is witnessing a significant shift in crop cultivation preferences among farmers, with soy increasingly taking over corn's place due to its higher demand and price. Additionally, peas are being considered as another viable crop, especially if negotiations with China prove successful. Experts like Elizaveta Malyshko from UkrAgroConsult and Kostyantyn Kinzhalov from Barva Invest highlight these changes, including a potential rise in sunflower cultivation driven by fertilizer purchases. Moreover, initiatives by the Western Container Terminal company and EU-Nomia LTD are underway to promote yellow pea cultivation in Western Ukraine, indicating a broader shift in agricultural priorities in the region.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Soy in the 2024 season continues to displace corn from Ukrainian fields. There is a demand and a price for it. Peas could be a good alternative for Ukrainian farmers, but this requires successful negotiations with China. This opinion was expressed by Elizaveta Malyshko, head of the agricultural markets and processing products division of UkrAgroConsult, in the article: "Sowing 2024: we plan not to make profits, but to survive on the market" on Kurkul.com. "Look at Russia, which has already agreed to export its peas to China. Production there is currently breaking records. Therefore, if the negotiations are positive, the area under peas will grow in our country as well," she said. Taking into account the sales of fertilizers, Barva Invest analyst Kostyantyn Kinzhalov believes that many farmers have reoriented themselves to growing sunflowers. "Considering the fact that purchases of complex fertilizers are quite active now, we can expect that sunflower will be one of the priorities ...

Source: Superagronom