Market updates on grains and related products with up-to-date price trends
Grains
Sep 6, 2024

Grains and oilseeds: worries over new plague in Argentina

BRUSSELS. Australia may have put the wheat market in Asia under pressure but the situation is different in Russia and the EU. Drought and cicadas are a worry for corn. Argentina’s farmers will switch to soybeans. In a standoff with Canada China has issued an anti-dumping investigation concerning canola.
Grains
Aug 30, 2024

Grains and oilseeds: drought claims headlines

BRUSSELS. This year the quality of the wheat harvested in France is exceptionally bad. Bulgaria’s corn exports have come to a near standstill due to drought. This is also an issue for sowing soybeans in Brazil and the reason why winter rapeseed sowing has been delayed in Ukraine.
Grains
Aug 29, 2024

Millet: harvest is in full swing

DALIAN/KYIV. In Ukraine, growers are busy harvesting millet, with 13% of the sown area harvested so far. Meanwhile, EU imports from Russia are suffering significantly from the new import duties.
Grains
Aug 29, 2024

Buckwheat: massive increase in EU imports from Kazakhstan

DALIAN/KYIV. Around 5% of buckwheat fields have been harvested in Ukraine so far, significantly more than this time last year. Meanwhile, the EU primarily imported buckwheat from Kazakhstan and Ukraine in the first two months of the 2024/2025 season.
Grains
Aug 23, 2024

Grains and oilseeds: buyers shun Russia

BRUSSELS. With buyers shunning Russian wheat Ukraine has seized the opportunity to step up exports. Railway strikes are disrupting trading activities for corn and rapeseed in North America. A bumper crop for US soybeans is very well possible.
Grains
Jul 31, 2024

Buckwheat: EU increases imports from Kazakhstan 14-fold

DALIAN/KYIV. Prices are rising on the Chinese market and in Ukraine the wait is on for the first buckwheat crop data. Meanwhile, EU imports rose by around two thirds in July.
Grains
Jul 31, 2024

Millet: EU imports from Russia are close to zero

DALIAN/KYIV. Ukrainian farmers have harvested the first millet fields. Meanwhile, the import duties on agricultural products from Russia were clearly noticeable in the first month of the 2024/2025 season.
Organic Commodities
Jul 31, 2024

Chia seeds: drought affects yields

ASUNCION/SUCRE. Lower yields are the result of a lack of rainfall in the South American growing regions. While prices were still falling in early summer, chia seeds are now becoming more expensive again.
Grains
Jul 12, 2024

Grains and oilseeds: Canada to profit from EU import tariffs

BRUSSELS. Prospects are far from sunny for wheat in France. Tropical storm Beryl only has a limited impact for US corn. China has signed the first deal for US soybeans. Canada may very well replace Russia and Belarus as a supplier of rapeseed in the EU.
Grains
Jul 3, 2024

Millet: upbeat expectations in China

DALIAN/BRUSSELS. Production prospects are highly encouraging for millet in China. Although Ukraine is the main supplier for the EU, the bloc still heavily relies on Russia as recent import figures show. Sowing in Ukraine has missed the target.
Grains
Jul 3, 2024

Buckwheat: EU confronted with slumps

DALIAN/BRUSSELS. Domestic supplies for buckwheat have dwindled in China. EU imports have declined sharply in 2023/2024. Sowing has witnessed a dip in Ukraine.
Grains
Jun 14, 2024

Grains and oilseeds: USDA refuses to comply with expectations

BRUSSELS. Few surprises were in store for wheat in the recent WASDE report. With regards to corn and soybeans the report, however, failed to comply with expectations. Production will range lower for rapeseed.
Grains
Jun 5, 2024

Millet: good prospects in China

DALIAN/KYIV. By the end of May, millet farmers in Ukraine had sown 75% of the planned acreage. Meanwhile, larger areas under cultivation and good growing conditions in China give hope for an increase in production.
Grains
Jun 5, 2024

Buckwheat: 22% of the Ukrainian acreage still to be sown

DALIAN/KYIV. In Ukraine, 22% of the area planted with buckwheat is still outstanding, with 124,800 ha planned in total. In China, market players expect sowing to be lower than initially assumed.
Grains
May 17, 2024

Grains and oilseeds: Biden disappoints with refusal to issue tariffs

BRUSSELS. Frost will force Russian farmers to resow an extensive area with wheat. Brazil’s CONAB has issued a rather surprising production estimate for corn. US soy traders are taken aback by Biden’s refusal to impose tariffs on used cooking oil imports from China. The EU will need to import more rapeseed from Canada and Australia.
Grains
Apr 26, 2024

Grains and oilseeds: vile attack sparks renewed concerns

BRUSSELS. Cold and rainy weather spells bad news for Europe’s wheat, rapeseed and corn crops. Prospects for soybeans are far from encouraging in South America. Russia’s missile attack on the port of Pivdennyi in Ukraine has sparked concerns over the Black Sea grain exports.
Grains
Apr 5, 2024

Grains and oilseeds: estimates prompt scepticism

BRUSSELS. Ukrainian wheat will not be subjected to import restrictions in the EU and US traders are sceptical about recent estimates for corn. Uncertainty prevails over Brazil’s soybean crop and the EU will need to import more rapeseed from Ukraine and Australia.
Grains
Apr 3, 2024

Buckwheat: EU imports have halved

DALIAN/BRUSSELS. The Chinese buckwheat market is currently characterised by low trading activity. Shipments to the EU have also roughly halved this year.
Grains
Apr 3, 2024

Millet: Ukraine increases shipments to the EU

DALIAN/BRUSSELS. Chinese growers are holding back their supplies, but buying interest is also moderate. Meanwhile, the EU has increased its millet imports by 22% this year.
Grains
Mar 22, 2024

Grains and oilseeds: EU debates tariffs for Russian imports

BRUSSELS. Coceral has slashed the EU and UK production estimates for wheat and for rapeseed. Farmers will sow less corn this year in the US and Ukraine. China has tripled its imports of soybeans. Tariffs are a matter of debate for grains and oilseeds in Europe.
Grains
Mar 8, 2024

Grains and oilseeds: China seizes the day

BRUSSELS. Panic has broken loose after China cancelled a large order for US wheat. Attractive prices have also prompted China to buy extraordinary volumes of corn in Ukraine. With farmers holding back Brazil will hardly be able to ship as much soy in March and the Red Sea crisis will prompt buyers in Europe to turn to Canda for canola.
Grains
Mar 1, 2024

Grains and oilseeds: Zelenskiy urges Poland to resolve dispute

BRUSSELS. Wheat is still under pressure and tensions are escalating in Poland over Ukraine’s transit shipments of corn and rapeseed. US exporters are struggling to compete with Brazil's soybeans.
Grains
Feb 28, 2024

Buckwheat: firm market in China

DALIAN. Buckwheat quotations are surprisingly firm in China considering that export demand is on the rise. Germany's imports from China surged by 44% in 2023.
Grains
Feb 28, 2024

Millet: Germany cuts back on imports

DALIAN/WIESBADEN. Farmers in China are reluctant to sell millet. Germany has slashed its imports from China by 20%.
Grains
Feb 23, 2024

Grains and oilseeds: frost risk in China

BRUSSELS. Exporters in Ukraine fear that the Red Sea crisis will render wheat shipments to Indonesia more expensive. Opinions are divided over Argentina’s corn crop. China can afford to wait for soy, but frost may considerably damage the country’s rapeseed crop.
Grains
Feb 16, 2024

Grains and oilseeds: frustration over low yields

BRUSSELS. Russia has dragged down US and EU wheat quotations. Limited optimism prevails for corn in Argentina. Soybean yields are frustratingly low in Brazil and rapeseed is only marginally affected by the blockages at the Polish-Ukrainian border.
Grains
Feb 9, 2024

Grains and oilseeds: Ukraine stages incredible export recovery

BRUSSELS. Ukraine’s exports have recovered to an incredible degree for wheat and corn. China’s soybean stocks have slumped by 19% and Tallage expects EU rapeseed production to decline in 2024/2025.
Grains
Feb 7, 2024

Millet: global production to decline by 4% in 2023/2024

DALIAN. Large stocks and low demand could put pressure on prices; this is not immediately apparent to foreign buyers due to increased freight costs, nevertheless it is causing concern for Chinese exporters.
Grains
Feb 6, 2024

Buckwheat: export orders are delayed

DALIAN. High freight costs are making buckwheat trade difficult for Chinese exporters. In addition, domestic demand also leaves much to be desired.
Grains
Feb 2, 2024

Grains and oilseeds: Russia to profit from illegal seizures

BRUSSELS. Russia’s wheat industry is set to profit from illegal land seizures in Ukraine. Improved weather conditions have turned the table for corn. Sluggish demand in China has highly embarrassing consequences for US soybeans. Canada’s canola production may fall short of expectations.
Grains
Jan 26, 2024

Grains and oilseeds: analysts caught out by weather

BRUSSELS. While wheat is trading firm, a high degree of uncertainty prevails over the corn crop in Argentina and Brazil. Analyst estimates are being called into question for soybeans and global rapeseed sowing is down.
Grains
Jan 19, 2024

Grains and oilseeds: estimates spark confusion

BRUSSELS. Wheat buyers have turned active and the production estimates issued for corn and soybeans have sparked confusion in Brazil. Exporting to the EU has become too expensive for rapeseed suppliers in Ukraine.
Grains
Jan 18, 2024

Buckwheat: organic goods from China remain competitive

DALIAN. Imported buckwheat is outperforming the domestic crop in the Chinese market. Meanwhile, the first few months of the new season have seen noticeable shifts in the main sourcing countries for German imports.
Grains
Jan 18, 2024

Millet: German imports from Russia have increased tenfold

DALIAN. The Chinese millet market remains quiet in the new year so far. Meanwhile, Germany has increased its imports from Russia massively.
Grains
Jan 12, 2024

Grains and oilseeds: customers snub France

BRUSSELS. As long-standing customers are switching to Russia times have turned difficult for wheat suppliers in France. Brazil’s corn output will range lower than expected and early soybean yields are far from promising. The pressure is on for rapeseed.
Grain Products
Dec 21, 2023

Bulgur: Turkey dominates EU market

ISTANBUL/BRUSSELS. EU importers heavily rely on Turkey for bulgur. Exports are going well for Turkey.
Grains
Dec 15, 2023

Grains and oilseeds: EU called to buy in Ukraine

BRUSSELS. China and Egypt have bought large volumes of wheat. In addition, China has announced a record corn crop and soybean exports are set to drop in Brazil. The EU may profit from Ukraine’s attractively priced rapeseed.
Grains
Dec 6, 2023

Buckwheat: higher yields in Ukraine

DALIAN/KYIV. High imports continue to put pressure on buckwheat prices in the Chinese market. Meanwhile, production in Ukraine increased by a good 30% compared to last year.
Grains
Dec 5, 2023

Millet: Ukrainian production up by 80%

DALIAN/KYIV. Despite lower yields this season, larger cultivation areas in Ukraine have ensured that the millet crop has increased by 80% compared to last year. Meanwhile, the Chinese market remains quiet.
Grains
Dec 1, 2023

Grains and oilseeds: excessive imports prompt supply glut

BRUSSELS. A wave of cancellations has hit wheat, corn is under pressure and alternative transport routes have rendered soybeans more expensive in Brazil. China is also confronted with a supply glut for rapeseed.
Grains
Nov 24, 2023

Grains and oilseeds: delays not a problem

BRUSSELS. Export prospects are far from encouraging for wheat. Delayed sowing is not yet classified as a risk for Brazil’s corn crop and oil is weighing on rapeseed quotations.
Grains
Nov 10, 2023

Grains and oilseeds: China on shopping spree

BBRUSSELS. EU wheat imports have surged and El Niño spells trouble for Brazil’s corn output. China has embarked on a shopping spree for soybeans and Canada’s canola exports have approached a record.
Grains
Nov 1, 2023

Millet: harvesting nearly complete in Ukraine

DALIAN/KYIV. Harvesting is nearing completion in Ukraine. Weak demand for millet is giving rise to concerns in China and shipments to Germany have declined.
Grains
Oct 30, 2023

Buckwheat: price slumps in China

DALIAN/KYIV. Buckwheat prices have declined sharply in China in recent weeks, but trading is relatively subdued. Harvesting is nearly complete in Ukraine.
Grains
Oct 13, 2023

Grains and oilseeds: EU reduces imports

BRUSSELS. Grain markets reacted nervously to the Israel-Hamas war. Wheat quotations have, however, changed direction. The EU has sharply cut its corn imports and Australia is keen to fill the gap for rapeseed. Soybean exports have exceeded expectations in the USA and Brazil.
Grains
Oct 11, 2023

Millet: low demand in China

DALIAN/GDANSK. As the Chinese millet market is in the low season, there is little buying interest and hardly any trading is taking place. This is also reflected in the prices. In Poland, meanwhile, the construction of the first grain port is planned.
Grain Products
Oct 11, 2023

Bulgur: Turkey to profit from India’s export ban on rice

ISTANBUL. India’s ban on non-basmati rice exports, which became effective on 20 July 2023, has not only driven up global rice prices but has also turned bulgur into a highly attractive alternative. Although this will play into the hands of Turkey as leading exporter, shipments are not quite up to scratch this year.
Grains
Oct 11, 2023

Buckwheat: new grain corridor for Ukraine

DALIAN/KYIV. Ukraine's president Volodymyr Zelensky announced a new grain corridor on 10 October. Intention is that shipments will pass through Moldova to Romania and enable Ukraine to supply the world market with grains. Focus has shifted towards the new crop in China and prices are up.