News

The ambitions of Russian pea growers worried Canadians

Dried Common Pea
Canada
Russia
Published Nov 24, 2022

Original content

There is a potential threat that Russia will force Canada out of some of the Chinese dry pea market, according to a Canadian analyst The intention of some Russian pea producers to expand production for export to China raises concerns among Canadian experts that Russian peas may be cheaper for Chinese buyers, and this will lead to a decrease in Canadian market share. Glen Hallick writes about this in an article published in the Glacier FarmMedia news feed (the portal is Canada's largest publisher of agricultural news in print and on the Internet). “Among the changes made by Agriculture and Agri-Food Canada (AAFC) in its November 2022 Supply and Demand Report, the most notable changes were for dried peas. The changes were that Canadian dry pea exports in 2022-23 are down 200,000 tons to 2.5 million, while domestic consumption is up 50,000 tons to 751,000. Canadian pea production is forecast to remain at 3.59 million tons. . MarketsFarm Pro analyst Mike Jubinville saw the changes as ...
Source: Agroxxi
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