World: IGC expects more field peas in 2023/24 than in the previous year

Published May 24, 2023

Tridge summary

The International Grains Council forecasts a rise in global field pea production for the 2023/24 season, reaching 14.0 million tonnes, which is 0.3 million tonnes more than the previous season and the highest in three years. This increase is primarily due to larger harvests in Russia and the USA, with Russia being the leading producer and the USA seeing a 45.6% rise. The EU-27 and Canada are also expected to see increases in production. The Union for the Promotion of Oil and Protein Plants e. V. (UFOP) highlights the potential of field peas in Europe for biodiversity, climate protection, and economic resilience in crop rotations and calls for improved funding under the Common Agricultural Policy.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

05/24/2023 | 16:06:00 | ID: 36394 | Department: Agriculture | plant Berlin (agrar-PR) - In Russia, the USA and the EU-27, more field peas are expected to be threshed in 2023/24 than in the previous season. As a result, global production should also exceed the level of the previous year. According to the latest information from the International Grains Council (IGC), global field pea production in the 2023/24 season should amount to 14.0 million tonnes. That would not only be 0.3 million t more than in the previous season, but also the largest amount in the past 3 years. Larger harvests in Russia and the USA are primarily responsible for the forecast increase. For the Russian production of field peas, the estimate of 3.7 million t means an increase of 1.4% compared to the previous year. This puts Russia at the top of field pea producers for the third year in a row. In the United States, the harvest is likely to be even 45.6% higher at 700,000 t. An increase in acreage in Montana, ...
Source: Agrar

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.