The price of Ukrainian peas in the season-2024 will be at least $325 per 1 ton, said Antonina Skliarenko, the head of the Community of Pulses Producers and Consumers of Ukraine.
The association reminded that recently the Indian government announced the extension of the duty-free import of yellow peas to the country until October 3 this year. This decision was caused by serious weather problems, which negatively affected the yield of crops grown in the country and led to the development of a deficit in the domestic market.
“The global demand for Ukrainian yellow peas will remain stable until the end of the year, and prices will grow. Prices for the 2024 harvest of Ukrainian peas are expected to reach at least $325 per ton,” Skliarenko predicts.
According to her, Ukrainian farmers have already expanded the area under this pulses crop in anticipation of rising demand and prices on the global market. According to official data, 161 thou hectares of peas were planted in Ukraine, but the actual acreage is higher.
“The upcoming season promises to be successful for pea producers, as the global demand for the pulses grown at favorable prices will be met,” the head of the association is confident.
