There is not enough pea seed in Ukraine: sown areas are growing due to the opening of new export "windows" by India

Published 2024년 4월 8일

Tridge summary

India has extended the duty-free import of yellow peas until June 30, a move that is set to benefit Ukrainian farmers by encouraging them to increase pea cultivation. As a result, over 120,000 hectares have already been sown in Ukraine as of April 7, with expectations for a boost in sown areas, harvests, and the domestic and export potential of Ukraine's leguminous crops. This decision comes at a time when there is a shortage of pea seeds in Ukraine, leading farmers to sow commercial peas. Despite nearly all of last year's pea harvest being sold and low stocks remaining, India's significant market for Ukrainian peas, coupled with its own weather-related challenges in pulse production, presents a promising opportunity for Ukrainian exports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Favorable changes for Ukrainian exports took place the other day on the pea market. India has extended the possibility of duty-free import of this legume until June 30. This decision became a positive signal for Ukrainian farmers, who are actively preparing to increase the acreage under peas. This was reported by the press service of the Legume Association of Ukraine (SVSBU). "As of April 7, more than 120,000 hectares of peas have been sown in Ukraine. The news about the extension of duty-free import of yellow peas by India is perceived by the market as an incentive for further investments in the production of leguminous crops, which will be reflected in the increase of sown areas, harvest and ensure the domestic market and export potential of Ukraine. Currently, there are not enough pea seeds on the market, which forces Ukrainian farmers to sow commercial peas in the fields. Qualitatively cleaned marketable peas can be used as seed material without losing the crop," Antonina ...
Source: Agravery

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.