Market updates on a whole range of agri-food products with up-to-date price trends
Dried Fruit
Jul 30, 2021

Dates: first estimates on damage

TEHRAN. Iran’s date market is confronted with a water crisis. Not only has the country been hard hit by drought and extreme heat this year the situation is also compounded by inefficient irrigation systems and unauthorised wells. Estimates state that there are around 400,000 non-licenced wells in the country, over which there is no control. The Iranian Date Association has also issued first estimates on the damage caused by adverse weather conditions for this year’s crop.
Dried Fruit
Jul 20, 2021

Dates: conflicting reports

TEHRAN. While local traders report that drought and extreme heat will have an adverse impact on this year’s date production in Iran, the International Nut and Dried Fruit Council (INC) anticipates a 3.6% rise in the country’s production. Issue is that some provinces are less affected by extreme weather conditions than others. Prospects are, for instance, not bad in Hormozgan province, where harvesting is underway, but quite alarming in Kerman province.
Jul 8, 2021

Südzucker: outlook for the current 2021/22 fiscal year confirmed

MANNHEIM. While Südzucker AG's group revenues increased slightly in the first quarter of the current 2021/22 financial year, group operating profit declined for the time being. For the first time, the quarterly report covers five segments instead of the previous four.
Fruit and Vegetables
Mar 1, 2021

Lemons: Europe leads world production in 2020

BERLIN/BRUSSELS. Things are running smoothly for European lemon production. Turkey and Argentina, however, are struggling with difficulties.
Feb 17, 2021

Sugar: EU confronted with challenges in 2020/2021

BRUSSELS/FRANKFURT. Market players are sounding the alarm bells over declines in production, particularly in France and in Germany. Concerns are being voiced that Germany's sugar suppliers will not be able meet food industry demand at the end of August. EU-UK trade has also been adversely impacted by Brexit.
Dairy Products
Feb 11, 2021

Butter: prices drift further apart

FRANKFURT/BRUSSELS. Prices in the international butter market are drifting further apart as the EU and Oceania scramble to keep up with highly competitive US prices. Prices throughout the EU member states also differ widely. Meanwhile, the cold spell in Germany with Arctic temperatures is having implications for the dairy market.
Dairy Products
Jan 28, 2021

Butter: January remains strong

FRANKFURT/BRUSSELS. Although export demand is strong, EU butter prices still fail to compete with prices in the US. Average EU butter prices, nevertheless, range 5% lower than last year. Germany has witnessed a recent hike in demand.
Dairy Products
Jan 15, 2021

Butter: unusual start to the year

FRANKFURT/BRUSSELS. Although retail demand for butter has compensated for much throughout Europe in recent months, the start to the new year is not quite normal. In Ireland and Germany it is, for instance, reported that milk prices are firmer than usual. Exporters in the UK are, meanwhile, struggling with post-Brexit paperwork.
Dairy Products
Dec 3, 2020

Butter: EU prices to become more competitive

FRANKFURT/BRUSSELS. Market players in Europe are highly excited about recent price developments in New Zealand. Although the run-on supermarkets failed to drive up turnovers in line with expectations, butter is a noted exception in the EU. Global production estimates are highly encouraging for 2020.
Dairy Products
Nov 25, 2020

Butter: market proves more resilient this time round

FRANKFURT/BRUSSELS. Although it looks as though tougher lockdown measures will be implemented in Germany, the bulk butter market is evidently learning how to deal with the pandemic. The second coronavirus wave continues to have a strong hold on Europe with implications for the butter market.
Dairy Products
Nov 5, 2020

Butter: run on supermarkets

FRANKFURT/BRUSSELS. Retail demand for butter is currently exceeding expectations in Germany. Consumers have started baking for Christmas, while the country has entered a lockdown light. The situation is, however, different for bulk butter.
Dairy Products
Oct 29, 2020

Butter: EU in crisis mode

FRANKFURT/BRUSSELS. Europe is in crisis mode as member states are forced to reinstate lockdowns and toughen up measures. Ireland has already imposed a new lockdown; France is about to do so as of Thursday and Germany as of Monday. This situation is largely impacting demand for butter. For Europe it is becoming increasingly difficult to compete in the international market.
Oct 21, 2020

Sugar: mixed crop results in Germany

FRANKFURT/PARIS. This year's drought is the reason for very mixed yields in German sugarbeet cultivation. Meanwhile, sugar prices are relatively uniform for German customers.
Dairy Products
Oct 1, 2020

Butter: EU dairy market recovers surprisingly fast

FRANKFURT/BRUSSELS. The EU notes continued large disruptions for the butter market and for other dairy products as recessions will hit, tensions are escalating over Brexit and the possibility of Donald Trump being re-elected as US president give rise to concerns.
Aug 28, 2020

Sugar: Covid-19 continues to weigh on demand

FRANKFURT/BRUSSELS. Sluggish sales and the suspension of Christmas markets and major events mean that white refined sugar stocks have piled up in Germany. Sugar consumption is expected to decline in the EU.
Dairy Products
Aug 27, 2020

Butter: Brexit tensions impact dairy market

FRANKFURT/BRUSSELS. The butter market in Germany is still dealing with the impact of the heatwave in August. EU butter production is up, but prices are not quite as competitive and market players are growing frustrated over the Brexit talks between the UK and EU.
Aug 12, 2020

Sugar: slump in demand to prove massive challenge

FRANKFURT/BRUSSELS. Sugar consumption is expected to decline in the EU. Confectionery manufacturers in Germany are sounding the alarm because Covid-19 has prompted a slump in exports and domestic consumption.
Jul 16, 2020

Sugar: production forecasts for Brazil increased

BRASÍLIA. Brazil, the most important export country for sugar, will increase its production by almost 20% this season. The coronavirus pandemic is playing a decisive role in this.
Dairy Products
Jul 16, 2020

Butter: new reality changes consumer behaviour

FRANKFURT/BRUSSELS. While large parts of Europe were struggling with a heatwave last year, things are totally different this summer. Living with the new reality of the pandemic has an enormous impact on butter and dairy consumption.
Dairy Products
May 22, 2020

Butter: bye bye pre-pandemic market

FRANKFURT/BRUSSELS. Although it is generally being reported throughout Europe that dairy prices have bottomed out as restrictions are being eased, traders are anything but optimistic. Eating habits have changed with lasting effects and cheaper offers are not designed to change this. Market players, in other words, discard any illusions that sales volumes will return to pre-pandemic levels.
Dairy Products
May 15, 2020

Butter: demand revives

FRANKFURT/BRUSSELS. With exports resuming and restrictions being eased for the catering sector, demand and prices have revived throughout the EU.
May 8, 2020

Sugar: Czech Republic about to buy German sugar?

FRANKFURT/PRAGUE. Market players are reporting a high oversupply of sugar, not least due to the corona crisis. Due to the closure of the gastronomy sector and the cancellation of events, both important consumption sectors for...
Dairy Products
May 1, 2020

Butter: dairy market voices fierce criticism over EU aid scheme

FRANKFURT/BRUSSELS. Market players have voiced fierce criticism over the EU’s decision to implement the private storage scheme for skimmed milk powder, butter and cheese in to stabilise the market. There is far too much milk in the market.
Dairy Products
Apr 24, 2020

Butter: EU to pay close attention to US competition

FRANKFURT/BRUSSELS. As US butter is trading lower than in the EU market players are urged to pay close attention to international competition. Panic buying has reportedly stopped in Germany. The dairies are, nevertheless, confronted with a shift in demand.
Press Releases
Apr 22, 2020

Südzucker: not possible to assess impact of coronavirus pandemic

MANNHEIM. In the preliminary figures for the 2019/2020 financial year, which ended on 29 February, the Südzucker AG states that group revenues declined to EUR 6.7 billion. By contrast, a drastic rise in the group operating result to EUR 116 million has been observed.
Dairy Products
Apr 13, 2020

Butter: crazy market situation in the EU

FRANKFURT/BRUSSELS. The Covid-19 pandemic has prompted a drastic shift in demand within the EU. Farmers associations in Germany and in Ireland report dual dynamics in the dairy market. Although panic buying has eased somewhat, the market situation is difficult to adjust to.
Press Releases
Mar 18, 2020

Südzucker confirms that supply chain is up and running

MANNHEIM. In a recently issued press release the Südzucker Group has confirmed that supplies are guaranteed, despite demand being high. While the corona pandemic has brought public life to a standstill in many countries, Europe's leading sugar gaint has switched to crisis mode.
Dairy Products
Mar 12, 2020

Butter: corona-induced panic buying toxic for industry

FRANKFURT/BRUSSELS. The consumers are stockpiling table butter and other dairy products in Germany. Although the retailers are ordering large volumes, the producers have lost out.
Feb 26, 2020

Sugar: prices expected to rise

FRANKFURT. In 2019, the exports of sugar have delcined sharply in Germany and the Czech Republic. Meanwhile, surplus supplies have forced the first plants to close in Russia.
Dairy Products
Feb 21, 2020

Butter: highly competitive prices in the EU

FRANKFURT/BRUSSELS. Germany shipped as much as 4,528 metric tonnes of butter to Saudi Arabia last year. Negotiations within the German market are, however, difficult. The European Commission has reported a drastic rise in exports.
Feb 6, 2020

Sugar: Russia steps up production

MOSCOW. As many as 21 sugar plants have been operating in Russia since July. Data issued by the Ministry of Agriculture suggests that production and exports are on the rise. Producers are highly satisfied with the current market developments.
Dairy Products
Feb 5, 2020

Butter: EU prices take a dip

FRANKFURT/BRUSSELS. While buyers have put off purchasing in Germany, the question remains as to how large market supplies really are. Meanwhile, the average EU and UK butter prices have declined notably. UK butter production is up.
Jan 27, 2020

Sugar: surplus stocks undermine market prices

FRANKFURT. As the Federal Information Centre for Agriculture (BZL) has recently reported, this season's sugar production reached...
Dairy Products
Jan 24, 2020

Butter: buyers caught out cold

FRANKFURT/BRUSSELS. Some buyers have been taken by surprise in Germany. Prices in Poland have taken a dip. In addition, a turnaround has been observed for the average butter prices in the EU.
Dairy Products
Jan 16, 2020

Butter: revival in EU market activities

FRANKFURT/BRUSSELS. Although the weekly EU butter prices range lower, market activities are slowly picking up in Germany and in Poland.
Fruit and Vegetables
Jan 15, 2020

Apples: Poland cannot supply market in India

WARSAW. Due to the poor quality of production, apples from Poland cannot be shipped to India. Problem is that the fruits will not survive transportation.
Press Releases
Jan 14, 2020

Südzucker: significant decline in the sugar segment

MANNHEIM. Südzucker presents its current forecasts for the 2019/2020 fiscal year. The sugar segment is weakening noticeably, but the CropEnergies and special products segments are scoring revenue growth.
Jan 9, 2020

Sugar: imports from Poland increase by 37%

WARSAW/PRAGUE. At the beginning of the new campaign, sugar imports to Germany have declined measurably compared to last year.
Jan 7, 2020

Sugar: record production in Russia

MOSCOW. Russia produced more than 7 million tonnes of sugar in 2019. This has prompted a surge in shipments. Exporters are reaping large porfits.
Press Releases
Dec 19, 2019

Südzucker revises full-year forecast

MANNHEIM. As Südzucker has announced, the consolidated group operating results for the third quarter are much higher than last year. This has prompted the sugar giant to revise the consolidated group operating results for the full year. The outlook for the sugar segment, however, remains far from encouraging.
Dec 17, 2019

Sugar: slump in production

KIEV. The Ministry of Agriculture in the Ukraine states that as little as 9.8 million metric tonnes of sugar beets were harvested by 12 December. This is a 27.4% decline over last year. As much as 13.5 million metric tonnes were harvested in December 2018.
Dec 17, 2019

Sugar: traders intend to reduce stocks

PRAGUE. Shortly before the end of the year, the traders in the Czech Republic are trying to cut their stocks. According to the Czech Statistical Office, the exports from the Czech Republic have declined since last year.
Fruit and Vegetables
Dec 16, 2019

Dates: organic production gains in importance

TEHRAN. The market has witnessed considerable fluctuations in price over the last two weeks. Organic production is meanwhile gaining in importance in the Sistan and Baluchestan province. Organic dates are very much valued in Europe and in the Persian Gulf countries.
Dairy Products
Dec 5, 2019

Butter: market satisfied with Christmas sales

FRANKFURT/BRUSSELS. Reports in Germany state that milk arrivals have reached their season low. The Milk Producers Association in Bavaria (MVB) reports that the Christmas sales continue at a high level in the retail market. EU butter exports have further improved in September.
Dried Fruit
Dec 3, 2019

Dates: sharp rise in exports

BUSHER. The Busher Province is the third largest producing region in Iran. Annual production ranges at 5,000 metric tonnes. Market players are, in addition, highly satisfied with the export rates.
Dried Fruit
Nov 22, 2019

Dates: political tensions impact market

KERMAN. The International Nut and Dried Fruit Council has recently highlighted that water deficits are a cause of concern in the Middle East and in Africa. Iran is no exception to this as 97% of the fresh date production stems from irrigated areas. Political tensions are currently impacting the market.
Dried Fruit
Nov 5, 2019

Dates: the new crop has finally arrived

HAJIABAD. Due to the hot and dry climate Hajiabad in the Hormozgan province in southern Iran is the main producing region for Piarom dates. These fruits are in high demand. Although the harvest was delayed, the production prospects are highly encouraging.
Dried Fruit
Oct 21, 2019

Dates: market remains unperturbed by crop damages

TEHRAN. Although drought has considerably impacted production in some regions in Iran, traders nevertheless remain optimistic. The market is also reckoning with an improved performance in the export market.