THE BIG PICTURE
purchases for human consumption will take precedence over feed purchases. The EU can draw on its own significant production to satisfy demand, and will be less aggressive than South Asian countries – India, Pakistan, and Bangladesh – in their pursuit of imports. Right now, the yellow pea market is constantly shifting, and much depends on the outcome of the world’s biggest producers. Upcoming harvests will bring much-needed clarity, and in the meantime, farmers, traders, and governments will be keeping their fingers crossed for a favorable climate. Questions, too, remain around the buying behavior of both India and China in the upcoming season and how all this will play out in prices. Undoubtedly, yellow pea markets will not be quieting down any time soon.
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