Ukraine peas 2025/26: Record crop, weak demand and market pressure

one-third of the total export potential for the season. Historically, Ukraine sold 60–70% of its peas by mid-season. As a result, excess supply has accumulated on the domestic market, increasing downward pressure on prices. The article explains why key demand drivers failed simultaneously. India effectively closed its market with a 30% import levy, Turkey sharply reduced purchases in favor of cheaper russian origin, while China has not absorbed Ukrainian volumes due to stronger competition. Against this backdrop, export prices softened to $260–270/mt CPT Odesa, the lowest levels of 2025. Would you like to receive the full analytical report with all insights and data? Please complete the form to gain access to the material. The cost is €10. The full version will be sent to your email. Full version of the article is available to subscribers ‘BLACK SEA & DANUBE GRAIN REPORT’ and ‘BLACK SEA & DANUBE ...