Canada will likely be facing more competition in pea export markets this year.
Tag Archives pea exports
Canada may struggle to find markets for its peas
Competition for sales is expected to heat up as Russia expects a bigger crop following last year’s disappointing harvest
Producers await India’s decision on pea import duty
Prices are expected to remain stable if an exemption is extended this fall but drop if the government re-instates the duty
SASKATOON — The yellow pea market hinges on a looming policy decision in India, says an industry official. If India extends its exemption on pea import duties past the current Oct. 31, 2024, expiry date, it will spark another round of demand from that country, Rav Kapoor, chief executive officer of ETG Commodities Inc., said […] Read more
Russia now sells more peas to China than Canada
Canada once had a 95 to 97 per cent market share but has dropped to 44.6 per cent, compared to Russia’s 49.1 per cent
SASKATOON — Russia has officially displaced Canada as the top exporter of peas to China. Russia’s Union of Grain Exporters said the country shipped 1.13 million tonnes of the crop to that market in 2023-24, according to a Reuters story. That gave it a 49.1 per cent market share compared to Canada’s 44.6 per cent. […] Read more
Pea exporters fight for market share in China
Russia gained access to the Asian country last year, and now Ukraine has negotiated a similar phytosanitary agreement
SASKATOON — Pulse Canada is in a dog fight in its top pea market. “We are not sitting by idly and watching increased competition erode Canada’s market share,” said president Greg Cherewyk. Related stories: AAFC announces $11 million in funding for Pulse Canada Canadian peas hold their own despite Russian sales Russia gained access to […] Read more
Canadian peas hold their own despite Russian sales
Trade data confirms what analysts had been forecasting: China is buying a lot of Russian peas. The country imported 427,600 tonnes of Russian product during the first four months of the 2023-24 crop year (July to October). That is just slightly less than the 465,940 tonnes bought from Canada. Russia is swiftly moving into a […] Read more
Canadian pea exports start crop year strong
Pea sales have been solid in the first two months of 2023-24, but lentil exports are down so far from last year
Canadian pea exports are running at a solid pace through the first two months of the 2023-24 marketing year, despite the smaller production, as exports of newly harvested supplies in September nearly quadrupled what moved the previous month. Canada exported 440,085 tonnes of peas in September, which was up from only 99,645 tonnes the previous […] Read more
