Demand for Ukrainian yellow peas in the world will remain stable until the end of the year

The demand for Ukrainian yellow peas in the world will remain stable until the end of the year, and prices will grow. This forecast was made by Antonina Skliarenko, the head of the Community of Pulses Producers and Consumers of Ukraine, according to the association.

“We can expect that prices for the Ukrainian pea harvest in 2024 will be at least $325 per ton. Ukrainian farmers, anticipating higher demand and prices on the global market, have already increased the area under this crop. According to official data, 161 thousand hectares have been planted in Ukraine, but the actual acreage is higher. The next season promises to be successful for pea producers, as the global demand for the grown pulses at favorable prices will be met,” she said.

She added that India has extended duty-free imports of yellow peas until October 31, which creates favorable prospects for Ukrainian producers.

Tags: pea, Ukraine, prices, India