Prices for yellow peas are expected to rise in Ukraine

Published 2024년 5월 9일

Tridge summary

Ukrainian yellow peas demand is expected to remain stable worldwide until the end of the year, leading to an increase in prices due to the duty-free supply to India. The price per ton is projected to be at least $325 in 2024. Ukrainian farmers are already adjusting by increasing the sowing area for the crop. In 2024, Ukraine is set to harvest at least 400,000 tons of peas, with expectations for continued increase in the next year. Besides India, Ukraine also exports peas to China, Pakistan, Turkey, and the EU.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Demand for Ukrainian yellow peas in the world will remain stable until the end of the year, and prices will increase, because the possibility of duty-free supply of peas to India creates favorable prospects for Ukrainian producers. This was stated by Antonina Sklyarenko, the head of the NGO "Association of Bean Producers and Consumers of Ukraine", writes Latifundist.com. "We can expect that the prices for the harvest of Ukrainian peas in 2024 will be at least $325 per ton. Ukrainian farmers, anticipating an increase in demand and prices on the world market, have already increased the area under sowing of this crop," she said. In Ukraine, 161,000 hectares have been sown, but the real indicators of sown areas are higher, the association reports. Sklyarenko noted that the upcoming season promises to be a good one for pea producers, as global demand for grown beans at favorable prices will be ensured. We will remind you that according to the Association of Beans of ...
Source: Superagronom

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