![]() ![]() "The goal of one million bushels is very feasible, and we're confident that on good years we can hit between 1 1/2 to two million bushels."Īccording to Hall, the "banana belt" of North Dakota is the ideal location for farmers interested in moving into the pea and lentil market. "The goal is to hit one million bushels per year locally," Hall said. ![]() Hall promoted the idea that local farmers seriously consider giving peas a chance, since the products are widely popular staples of dishes in China, India and the Middle East - three fast growing population centers. ![]() "If we can get deals done with India and China, which I foresee, there's going to be a huge increase in demand and subsequently a higher value for the commodity." Farmers need to keep in mind that, without China and India buying this year, the value of peas are being based on less than 60% of our demand chain," said Levi Hall, general manager of Beach Cooperative Grain Company. "Right now, peas are one of the best priced commodities out there. By year's end, and with a little help from a weak Canadian pea export, pea markets rebounded and are strengthening moving into the second quarter of 2019. The 2018 calendar year saw pea and lentil prices near record lows as the market was still reeling from the impact of India implementing tariffs on produce coming into the country. ![]()
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