Hoarding drives pea prices up

Prices of pigeon peas have risen thanks to hoarders, according to merchants.

Indian buyers have also been purchasing peas at the Pakokku wholesale market in Magway Region.

Prices per bushel of the old harvest of pigeon peas rose from Ks11,500 to Ks12,500 and the new harvest from Ks9,000 to Ks10,500.

However, the rise in demand and prices apparently does not mean better returns for farmers because of the high production costs.

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