Ukraine regaining its “pea” position

29.03.2017

Last year’s trend toward restoration of Ukraine’s pea planted acreage is gaining pace in 2017 as well. Growers have calculated this crop’s increasing margin in the country and decided to expand its portion in their crop rotations.

According to the Ukrainian Ag Ministry’s forecast, pea plantings will reach 276 Th ha in 2017, up 15.5% from the previous year. As a reminder, Ukraine’s growers sowed 239 Th ha of peas in 2016 against the Ministry’s forecast of 182 Th ha, i.e. 31% more.

It is worth noting that this year’s pea planting in the country already outstrips last year’s by 32%, although it started a few weeks later than in 2016. At the same time, southern farmers (Odesa, Mykolaiv, Kherson, Zaporizhia regions) have already seeded 2-12% larger areas than projected.

UkrAgroConsult expects this year Ukraine’s pea planted area to exceed the initial projections again. It is quite likely to hit a seven-year high.

Full version of the article is available to subscribers for weekly market report “Black Sea Grain & Oil” and “Online market review” by UkrAgroConsult.

 

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