FOOD FORWARD PULSES & BEYOND CAO DERONG CFNA
tonnes. Russian peas have relatively low prices and have seized the market share in the feed and food processing fields. However, based on the price trend in recent months, the price gap between Russia and Canada is gradually narrowing and there are also some issues with Russia's cross-border payments. It is expected that in the future, the two countries' peas will be evenly distributed across the Chinese market. How do pulses play into feed rations in China? The use of feed is indeed the main factor driving the import volume of peas, but it should be noted that China's annual feed demand is about 300 million tons, and pulses (mainly peas and faba beans) are only used as supplements when they can be obtained at lower prices. The amount of pulses used as feed supplements does not depend on the variety, but on the price.
Made with FlippingBook - Online magazine maker