Canada - Green Pea Acreage Likely to Increase, Yellow Peas May Lose Ground

03-May-2025 11:38 AM

Canada - Green Pea Acreage Likely to Increase, Yellow Peas May Lose Ground
★ Yellow pea prices have been under pressure since March 20, following China's announcement of a 100% tariff on Canadian peas.
★ India has exempted yellow peas from its 50% import tariff since December 2023, but this exemption is set to expire on May 31.
★ China’s tariff decision has impacted Statistics Canada’s earlier forecast of 3.5 million acres of pea plantings, which was a 9.5% increase from last year.
★ There is now an expectation that pea acreage could drop by 400,000 to 500,000 acres.
★ Farmers may shift some of that area to red lentils to maintain pulse rotation.
★ India’s import duties on lentils have not had a significant impact on lentil prices.