“Shifts to soybeans Canada remains the ‘giant bear’ among pea exporting countries, says analyst
Ukrainian farmers are getting out of peas in a big way.
Production has fallen more than 40 percent over the last decade, according to a report by the U.S. Department of Agriculture’s Foreign Agricultural Service.
Ukrainian farmers are expected to produce 267,000 tonnes of peas this year, similar to the previous year’s output. To put that in perspective, Canadian growers harvested 3.5 million tonnes this year.
‘Unfortunately, the selling price for peas is not as attractive this season, so the majority of this crop will likely be consumed domestically,’ said the USDA report.
The plummeting production comes as no surprise to Marlene Boersch, managing partner of Mercantile Consulting Venture.
She prepared a report in 2012 assessing the Black Sea threat to Canada’s pulse industry.
‘I didn’t anticipate the Ukraine being the most aggressive competitor on peas in the future, and that seems to be bearing out,’ said Boersch.
Ukraine was once a ‘formidable competitor’ in pea markets, but the pulse crop is losing ground to corn, wheat and soybeans.”