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AUDITOR Issues
May 27, 2022

The AUDITOR Issue 19/2022

Download the latest weekly edition of the AUDITOR containing objective market reports, reliable price charts and market prices along with the most up to date market statistics offering all you need to trade successfully.
Oilseeds
May 25, 2022

Flaxseed: traders want to sell

NUR-SULTAN/OTTAWA. As demand is very much subdued traders are trying to sell their expensive supplies as quickly as they possibly can. Producers, however, expect prices to rise for the new crop. Issue is the lack of rain in Kazakhstan.
Oilseeds
May 25, 2022

Sunflower seeds: heat to reduce yields

SOFIA/KYIV. Sunflower seed traders are concerned over excessive heat and drought in Bulgaria as these adverse weather conditions may very well impact production. Suppliers are only issuing few offers for the new crop. Ukraine continues to ship sunflower seeds to the EU.
Nuts
May 25, 2022

Hazelnuts: strange market dynamics

ORDU. Over the last few weeks reality has kicked in that sufficient supplies are available, and attention shifted more towards the new crop. At present, the mood is, however, shifting in Turkey’s hazelnut market. Issue are strange dynamics. The market may also have to adjust production estimates for the new crop.
Nuts
May 25, 2022

Almonds: conservative guesstimate in Spain

MADRID/SACRAMENTO. While almond production will range 4% lower in California at 2.80 billion pounds, things are also far from encouraging in Spain. According to the National Nut Board production will range 30% lower than last year. Judging by experience, however, the estimates presented by this organisation tend to be rather conservative.
Dried Fruit
May 24, 2022

Dried figs: summer to prove decisive

AYDIN. While excessive heat and dryness impacted Turkey's dried fig production last year, the growers are busy irrigating the trees this year. Summer is particularly decisive for the development of the fruits.
Dairy Products
May 24, 2022

Butter: expensive gamble

FRANKFURT/BRUSSELS. Consumers are really confronted with a painful surge in prices as recent data shows. EU butter prices, for instance, soared by more than 70% in April as compared with last year. Dairy farmers are also reeling from high production costs. Although leading processors such as Kerry have stepped up support for farmers, the proposed scheme is a gamble at best.
Dried Fruit
May 24, 2022

Dried apricots: extensive damage confirmed

MALATYA. Conflicting reports over the extent of the damages caused by hailstorms are circulating in the apricot market at present. Traders anticipate higher prices for the new crop. Turkey has stepped up weekly exports.
Dried Fruit
May 24, 2022

Sultanas: supplies start to run low

MANISA. Encouraging production prospects for raisins and sultanas will impact prices. As weather conditions are ideal the grapes are developing well in Turkey. Exports are also perfoming much better than last year.
Oilseeds
May 23, 2022

Pumpkin seeds: crazy run on supplies

DALIAN. A sudden run on pumpkin seeds has taken traders in China by surprise. No one expected such a move. If sales continue at this rate, supplies will be gone well before the end of the season.
Nuts
May 23, 2022

Peanuts: unease over supply and demand

NEW DELHI. Although the prices for peanuts have fluctuated in a narrow range in India in recent weeks, traders reckon that this is about to change. Issue are global factors, especially since production is under the weather in Brazil. Recently updated production estimates, however, tell a different story.
Pulses
May 23, 2022

Chickpeas: suppliers on edge over inflation

NEW DELHI. India’s chickpea market is on edge at the moment. Traders are concerned over a liquidity crisis and the public is voicing fears of a recession. Analysts are, however, urging suppliers to keep it cool.
AUDITOR Issues
May 20, 2022

The AUDITOR Issue 18/2022

Download the latest weekly edition of the AUDITOR containing objective market reports, reliable price charts and market prices along with the most up to date market statistics offering all you need to trade successfully.
Dried Fruit
May 20, 2022

Dates: failure to draw on full potential

SHIRAZ. Iran’s date palm groves span an area of 240,000 ha and the country ranks third after Algeria and Saudi Arabia in this respect. Growers produce more than 280,000 mt of dates in Fars Province alone. In terms of table date production the country, however, lags well behind leading producer Saudi Arabia.
Spices
May 20, 2022

Spice market update: global coriander crops turn out mixed

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Oilseeds
May 19, 2022

Flaxseed: Kazakhstan's growing regions are too dry

OTTAWA/NUR-SULTAN. In mid-May, farmers started sowing in the Kazakh growing regions, but in some areas conditions are reported to be relatively dry. According to Canada's exporters, they have so far hardly benefited from supply restrictions between Russia and the EU.
Oilseeds
May 19, 2022

Blue poppy seeds: traders can agree on prices

CHRUDIM. The official cultivation figures are eagerly awaited in the Czech poppy seed market, while the expectations of market players diverge significantly. In contrast, traders are united in their price expectations for the new crop.
Nuts
May 19, 2022

Hazelnuts: tricky demand situation

ORDU. Economists reckon that Turkey is witnessing an unprecedented economic crisis of epic proportions. Hazelnut suppliers report the inflation is much worse than official figures suggest, and exporters are dealing on slippery grounds. The production estimates issued at the International Nut and Dried Fruit Congress also illustrate some surprising trends.
Oilseeds
May 19, 2022

Sesame seeds: growers are worried about their yields

NEW DELHI. Indian sesame seed traders are disappointed with the current price developments. After the tender win and the arrival of good quality goods in the market, they had expected firmer prices; now the opposite has happened.
Oilseeds
May 18, 2022

Sunflower seeds: Ukraine accelerates sowing

SOFIA/KYIV. According to market players, there is currently no reason for Bulgarian growers to sell their raw material stocks as quickly as possible. This is also reflected in prices. In Ukraine, sunflower seed sowing continues to progress, with an estimated 70% of the planned area already sown.
Nuts
May 18, 2022

Walnuts: China expects an production increase of 27%

SACRAMENTO/DUBAI. A noticeable crop increase in China means that global walnut production is expected to be around 17% higher than last year and yields are also expected to increase in other main growing countries. Meanwhile, US exports in April were again above this season's average.
Nuts
May 18, 2022

Cashews: EVFTA shows its positive effects

HANOI. The EU is the second most important export market for Vietnamese cashew nuts after the USA. The EVFTA trade agreement contributed significantly to an increase in exports to EU markets last year.
Dried Fruit
May 18, 2022

Prunes: France experiences another setback

SANTIAGO/DUBAI. Experts expect a production increase of 5.8% for the 2022/2023 prune season. France's crop, however, is experiencing another setback. Meanwhile, offers on the European spot market are scarce.
More News
May 18, 2022

Wheat: exports to hit unlikely record

FRANKFURT/WASHINGTON DC. While Ukraine won the Eurovision song contest on Saturday, the G7 leaders see little cause to celebrate as they warn that Russia is deliberately giving rise to a global food and energy crisis that may cause 50 million people to be confronted with hunger. They also condemn India’s sudden export ban for wheat. Yet, the 2022/2023 projections for wheat in the United States Department of Agriculture’s (USDA) recently issued World Agricultural Supply and Demand Estimates (WASDE) are rather on the optimistic side of things.
Nuts
May 17, 2022

Almonds: NASS confirms production decline

SACRAMENTO/CANBERRA. According to the National Agricultural Statistics Service (NASS) production will range 4% lower than last year at 2.80 billion pounds. US exports have picked up and exports form Austiralia have even doubled.
Dried Fruit
May 17, 2022

Dried figs: good crop prospects

AYDIN. Favourable weather conditions combined with artificial irrigation ensure that the fig trees are developing well and the growers are optimistic about the new crop. Exports are also running satisfactorily at the moment.
Dried Fruit
May 17, 2022

Dried apricots: focus is on the new crop

MALATYA. The damage estimates after the night frosts in the Turkish growing areas are almost completed and there are first cautious forecasts for the new crop. Prices, meanwhile, are maintaining their high level.
Dried Fruit
May 17, 2022

Sultanas: Turkish production to increase by 10%

MANISA/TEHRAN. Experts and market players remain confident about Turkish sultana production 2022. Moreover, forecasts at the World Nut and Dried Fruit Congress last week also indicated a global production increase. Meanwhile, Iran is losing much of its export potential due to the Russia-Ukraine crisis.
Spices
May 17, 2022

Saffron: climate change far from only problem

TEHRAN. While Iran’s saffron exports slumped by 60% in April, average export prices nearly tripled. Now, the market has started to turn. Not, however, because buyers have had enough but rather because hopes are low that Iran’s nuclear deal will be revived - and yet, some progress has recently been made.
Oilseeds
May 16, 2022

Pumpkin seeds: suppliers need to stock up

DALIAN. As suppliers need to fill their stocks as quickly as possible in order to meet their contracts, prices in the shine skin market have continued to increase. Traders hope that the market for GWS kernels will soon follow suit.
Pulses
May 16, 2022

Chickpeas: North America's acreages are shrinking

NEW DELHI/OTTAWA. Not only in Canada, but also in the USA and Argentina, smaller chickpea acreages are expected this season. This is likely to increase interest in Indian goods, also because availability in the Black Sea region is declining significantly.
Nuts
May 16, 2022

Pecans: worst drought in 1,200 years

SANTA FE/SACRAMENTO. Studies have found that the western parts of the USA are confronted with the worst prolonged drought in 1,200 years. Since water is restricted local farmers now have to make difficult decisions.
AUDITOR Issues
May 13, 2022

The AUDITOR Issue 17/2022

Download the latest weekly edition of the AUDITOR containing objective market reports, reliable price charts and market prices along with the most up to date market statistics offering all you need to trade successfully.
Spices
May 13, 2022

Spice market update: pepper crop might be lower than expected

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Dried Fruit
May 12, 2022

Dried Fruit: production estimates for 2022/2023

ANKARA/DUBAI. This year's World Nut and Dried Fruit Congress is taking place in Dubai until the end of this week. Among other things, experts present their production forecasts for the coming 2022/2023 season.
Oilseeds
May 12, 2022

Sesame seeds: still no price increases

NEW DELHI. There is still no sign of a firming of prices in the Indian sesame seed market. Despite tender sales, demand is missing, which puts pressure on prices. Market players are pinning their hopes on the new crop.
Nuts
May 12, 2022

Hazelnuts: suppliers assess new INC crop estimates

ORDU. Turkey’s hazelnut suppliers are testing the market at the World Nut and Dried Fruit Congress (INC), which is coming to an end in Dubai. While the TMO’s anticipated price policy will hardly prove sustainable, Ferrero stands much better chances in 2022/2023. Domestic demand has, meanwhile, picked up in Turkey.
Oilseeds
May 12, 2022

Blue poppy seeds: 30% decline in cultivation expected

CHRUDIM. The decline in poppy seed cultivation in the Czech Republic is becoming more concrete. As a result, exporters have adjusted their prices for prompt shipments and indications for new crop are also at a correspondingly high level.
Nuts
May 12, 2022

Pecans: last year's record will not be topped

ATLANTA. In the 2020/21 season, both US domestic consumption and exports reached a record high, according to data from the American Pecan Council. These levels will not be reached in the current season as demand is declining.
Nuts
May 11, 2022

Almonds: high water prices could be fatal

MADRID/SACRAMENTO. Spanish farmers' associations are demanding compensation for almond growers after the frost-related losses. In California, the acreage is estimated to have increased by 3.8% compared to last year, but high costs for pesticides and water reduce the yield prospects.
Oilseeds
May 11, 2022

Sunflower seeds: sowing 24% down on last year

SOFIA/KYIV. While the prices for prompt shipping of bakery kernels are relatively firm in Bulgaria, the prices on offer for the new crop differ considerably. Suppliers in Urkraine continue to try their very best to step up sunflower seed and other agri-food shipments to the EU. Moldova is also essential for the bloc.
Nuts
May 11, 2022

Walnuts: Hungary's exports to the EU drop drastically

BUDAPEST/SANTIAGO. In the past two years, more and more buyers in the EU have switched from Eastern European to Chilean goods, so that Hungary, for example, hardly records any exports to EU countries. A large part of the crop is destined for the domestic market.
Grains
May 11, 2022

Quinoa: Peru's crop to be 15-20% lower

LIMA/SUCRE. The quinoa market is facing the same problems as all other agricultural products; higher production costs are causing declining cultivation figures in South America. There are, however, not always alternatives for growers.
Spices
May 11, 2022

Cumin: tables about to turn

TEHRAN. Iran’s cumin exports continued to slump in March. Harvesting is underway but farmers face enormous challenges. Prices have finally started to turn.
Nuts
May 11, 2022

Cashews: traders face the future with concern

HANOI/NEW DELHI. The harvest is in full swing in the growing countries of the northern hemisphere, but the outcome seems to be disappointingly small. In addition to lower availability, logistics problems and rising production costs are also causing headaches for traders.
Dried Fruit
May 10, 2022

Dried figs: artificial irrigation to counter high temperatures

AYDIN/TEHRAN. The coming months are crucial for the development of Turkish dried fig production and growers are striving to create the best possible conditions. Meanwhile, Iranian dried fig exports have decreased, while at the same time the lack of supply has caused prices to rise significantly.
Dried Fruit
May 10, 2022

Dried apricots: massive crop damage in Malatya

MALATYA. After the night frost in April, hailstorms in the first week of May caused further heavy losses for growers in Malatya. Some claim to have lost their entire crop this year.
Dried Fruit
May 10, 2022

Sultanas: growers to increase prices

MANISA. Last week's celebrations temporarily reduced trading activity in the Turkish sultana market. Meanwhile, growers want to deal with the consequences of higher production costs and are not satisfied with current prices.