Market updates on oilseeds and vegetable oils with up-to-date price trends
Nuts
Mar 18, 2024

Peanuts: oil markets influence peanut trade

NEW DELHI/BRASÍLIA. In India, market players are currently keeping a close eye on the oil markets, which have a significant impact on peanut prices. Brazil is producing less EU-suitable goods this season.
Oilseeds
Mar 14, 2024

Flaxseed: EU imports from Russia have doubled

OTTAWA/ASTANA. Reduced acreage in Canada is expected to lead to a further decline in production this year. Meanwhile, the EU has increased its flaxseed imports by 23% so far this season.
Oilseeds
Mar 14, 2024

Sesame seeds: cultivation down by a third

NEW DELHI/MAPUTO. Smaller acreages in Gujarat are causing forecasts for the summer crop in India to shrink. In Mozambique, meanwhile, sowing has been completed, but a tropical storm is expected in parts of the country.
Oilseeds
Mar 13, 2024

Sunflower seeds: nearly 14 million mt in Ukraine

SOFIA/KYIV. Agricultural imports from Russia have come under fire as the European Commission seeks steps to support farmers and tensions are boiling over in Poland. Estimates state that Ukraine may produce 13.5-13.9 million mt of sunflower seeds this year.
Oilseeds
Mar 13, 2024

Blue poppy seeds: acreage to be expanded

CHRUDIM. The supplies on the Czech blue poppy seed market are shrinking. Meanwhile, there is growing confidence that the area under cultivation will increase again this year.
Nuts
Mar 11, 2024

Peanuts: a sigh of relief in Argentina

NEW DELHI/BUENOS AIRES. Heat and drought were a major concern for Argentinian peanut growers in January and February. March has been somewhat more favourable so far. In India, the market could be literally flooded with peanuts.
Oilseeds
Mar 8, 2024

International Women’s Day: Never give up!

SEEHEIM/ANKARA. Even in 2024, women don't always have it easy in male-dominated industries... right? We spoke to a female dried fruit trader based in Turkey about how she has fared in the almost twenty years she has been working in the industry and what it takes to stand up to the competition.
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.
Oilseeds
Mar 7, 2024

Sunflower seeds: prices come under pressure

SOFIA. Trade on the Bulgarian sunflower seed market has come to a standstill. Exporters are adjusting their prices in order to boost trading activities.
Oilseeds
Mar 7, 2024

Sesame seeds: trade falters

NEW DELHI. The lack of demand continues to put pressure on sesame seed prices in the Indian market. Farmers are adjusting their sowing plans for the summer crop accordingly.
Oilseeds
Mar 6, 2024

Pumpkin seeds: prices continue to rise

DALIAN. Prices on the Chinese pumpkin seed market are continuing their upward trend, with some varieties more in demand than others. Sales could have an impact on the acreage for the next season.
Nuts
Mar 4, 2024

Peanuts: Ramadan demand lower than hoped for

NEW DELHI. Buying interest in the Indian peanut market in the run-up to the Muslim fasting month of Ramadan has not picked up to the extent hoped for. The situation is tense as the ratio of supply and demand is imbalanced.
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.
Oilseeds
Feb 29, 2024

Sunflower seeds: China buys cheap goods from Europe

SOFIA/DALIAN. Chinese traders are meeting the growing domestic demand with cheaper imports from European suppliers. Meanwhile, the Bulgarian sunflower seed market is comparatively quiet.
Oilseeds
Feb 29, 2024

Sesame seeds: decline in cultivation expected

NEW DELHI. The forecasts for the summer crop in Gujarat were revised this week. Meanwhile, a lack of demand from the domestic and overseas markets is putting pressure on prices in the Indian sesame seed market.
Oilseeds
Feb 28, 2024

Mustard seeds: EU imports from Ukraine 29% up

OTTAWA/BRUSSELS. Agriculture and Agri-Food Canada has revised the estimates for the 2024/2025 mustard seed season. Competition is fierce and demand sluggish for suppliers in Canada. Ukraine may have upped its shipments to the EU by 29% but Russia still is the top supplier.
Oilseeds
Feb 28, 2024

Pumpkin seeds: fewer shine skins than expected

DALIAN. As large quantities of snow whites were wrongly labelled as shine skins, the remaining shine skin stocks on the Chinese pumpkin seed market are lower than initially expected. Prices rose after the New Year celebrations.
Nuts
Feb 26, 2024

Peanuts: optimistic outlook in the USA

NEW DELHI/ATLANTA. In India, prices continue to fall and demand for peanut oil and seeds is extremely low. In the USA, the outlook is much better, while there have been harvest delays in Nicaragua.
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.
Oilseeds
Feb 22, 2024

Sunflower seeds: measures must be taken

SOFIA/KYIV. The farmers' protests in Poland continue to hinder the flow of Ukrainian agricultural goods. All parties involved are in favour of a solution that protects Polish growers but also maintains trade.
Oilseeds
Feb 22, 2024

Sesame seeds: Indian exporters have no chance

NEW DELHI. The current tender from South Korea has been finalised. Indian exporters had to come to terms with the fact that, despite high expectations, they had no chance against the competition.
Oilseeds
Feb 21, 2024

Blue poppy seeds: crop data will be updated

CHRUDIM. The final crop data is to be announced next week, market players expect corrections compared to previous estimates.
Oilseeds
Feb 21, 2024

Flaxseed: production has more than halved

ASTANA. The previous production estimates for Kazakh flaxseed production in 2023 by the Kazakh Grain Union were already disappointing, and the official data now published undercuts this result even further.
Oilseeds
Feb 21, 2024

Pumpkin seeds: trade is slowly picking up again

DALIAN. After the Chinese New Year celebrations, trading on the pumpkin seed market is only slowly picking up again. Speculators are likely to soon resort to their usual tricks to drive up prices.
Nuts
Feb 19, 2024

Peanuts: Indian traders are not optimistic

NEW DELHI/BEIJING. Prices in India continue to decline and market experts do not expect this to change in the near future. The situation is also tense in China, while all eyes in Brazil are on the new 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.
Oilseeds
Feb 15, 2024

Sesame seeds: new tender over 12,000 mt

NEW DELHI. Indian exporters are confident about their participation in the current sesame seed tender from South Korea; there seems to be hardly any competition.
Oilseeds
Feb 14, 2024

Sunflower seeds: decline in cultivation in Ukraine

KYIV/SOFIA: The licensing procedure introduced by the EU for trade with Ukraine is facing new challenges. Not all EU countries concerned are prepared to comply with the requirements. Meanwhile, experts believe that sunflower seed sowing in Ukraine could decline this year.
Nuts
Feb 12, 2024

Peanuts: market gears up for challenges

NEW DELHI. India is gearing up for a sharp rise in arrivals. Aflatoxin is still an issue for US peanuts. Peanut oil suppliers are hoping that demand will pick up in China. Rain has worked wonders in Brazil but will prove a challenge for harvesting.
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.
Oilseeds
Feb 8, 2024

Sesame seeds: drought jeopardises summer crop

NEW DELHI/N'DJAMENA. Sesame seed farmers in Gujarat will soon start seeding the summer crop, but the drought in the main growing regions could become a problem. The next sesame seed tender is expected in a few days.
Oilseeds
Feb 7, 2024

Sunflower seeds: Polish farmers to start blocking borders

SOFIA/KYIV. Ukraine's goverment has simplified licencing procedures for exporting sunflower seeds to Bulgaria. Farmers in Poland intend to block border checkpoints with Ukraine.
Oilseeds
Feb 7, 2024

Blue poppy seeds: prices to exceed EUR 3.00/kg

CHRUDIM. The Czech blue poppy seed market has experienced massive price increases. The first official cultivation forecasts for the coming season are to be published in a few weeks.
Nuts
Feb 5, 2024

Peanuts: various factors dampen trade

NEW DELHI/BUENOS AIRES. The peanut trade is currently rather quiet in India, but also in other important producing countries such as Argentina and China, for various reasons. These include the crisis in the Red Sea, exchange rates and the upcoming Chinese New Year.
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.
Oilseeds
Feb 1, 2024

Sesame seeds: India's December exports up by 22%

NEW DELHI/ISLAMABAD. India's sesame seed exports once again increased significantly at the end of the calendar year. Pakistan can also report successful exports.
Oilseeds
Feb 1, 2024

Flaxseed: Canadian production to shrink by 8%

OTTAWA/ASTANA. Kazakhstan and Canada are currently experiencing low demand. Nevertheless, Canadian exporters are hoping for more enquiries from Europe in the future. Meanwhile, experts are predicting further declines in production for the coming season.
Oilseeds
Feb 1, 2024

Mustard seeds: farmers to sow less in Canada

OTTAWA. While mustard seeds came under pressure in Canada last week, the situation is now easing slowly. Agriculture and Agri-Food Canada expects the area sown to drop in 2024/2025.
Oilseeds
Jan 31, 2024

Sunflower seeds: Coceral expects EU-wide decline in production

SOFIA/DALIAN. The experts at Coceral have made initial forecasts for EU sunflower seed production in 2024, while the European Commission has made further corrections to the data for the current financial year. Meanwhile, domestic demand in China is causing prices to rise further.
Oilseeds
Jan 31, 2024

Pumpkin seeds: history repeats itself

DALIAN. Demand for shine skins has increased in the run-up to Chinese New Year and, as every year, speculators are taking advantage of the situation. They have a large proportion of the goods and are currently holding them back in order to drive up prices.
Nuts
Jan 29, 2024

Peanuts: suppliers miss the right time

NEW DELHI/BRASÍLIA. In the hope of further price increases, Indian stockists had not released their goods for sale at the right time - now prices are low, demand is weak and suppliers are sitting on their goods. In the USA, Brazil and Sudan, crop failures are expected.
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.
Oilseeds
Jan 25, 2024

Sesame seeds: delayed sowing due to drought

NEW DELHI. Indian exporters achieved great success in the last sesame seed tender. However, the prospects for the summer crop are clouded as there are expected delays in the main growing areas due to drought.
Oilseeds
Jan 25, 2024

Flaxseed: global production down by 30%

ASTANA/OTTAWA. With global flaxseed production down by more than 30%, rising prices seem inevitable in the coming weeks. Kazakhstan's exports have fallen significantly year-on-year.
Oilseeds
Jan 24, 2024

Sunflower seeds: country-specific safeguards are being discussed

KYIV/SOFIA. A proposal on how to protect EU countries neighbouring Ukraine from market-influencing imports is to be presented this week. Meanwhile, the Chinese sunflower seed market is booming, which is also having an impact on prices.
Oils
Jan 24, 2024

Olive oil: massive price increases expected

IZMIR. Prices for Turkish olives and olive oil have already tripled year-on-year, and market experts forecast further significant increases. The main reason for this is the decline in production in the growing countries.
Oilseeds
Jan 23, 2024

Blue poppy seeds: no further reductions in sowing

CHRUDIM. Adverse weather conditions may have damaged the Zeno poppy seeds sown in autumn. Silver lining is that no further reductions are anticipated for the 2024/2025 sowing campaign.
Oilseeds
Jan 23, 2024

Pumpkin seeds: price increases expected soon

DALIAN. At the moment, low demand from overseas is keeping export prices at a moderate level, but Chinese traders expect that there will be increases after the Chinese New Year, when the sowing season for the new crop approaches.