Market updates on oilseeds and vegetable oils with up-to-date price trends
Oilseeds
May 23, 2024

Sesame seeds: Indian exporters are hopeful

NEW DELHI. After India was able to secure a large part of the positions in the last South Korean sesame seed tender, exporters have high hopes again this time. However, this would not support prices in the longer term.
Oilseeds
May 22, 2024

Sunflower seeds: EU increases imports from China by more than 20%

SOFIA/KYIV. The dwindling commodity supplies are causing sunflower seed prices in Bulgaria to rise. In Ukraine, sowing is around 90% complete.
Oilseeds
May 22, 2024

Mustard seeds: opportunity for Canada

OTTAWA/MOSCOW. Canada's mustard seed crop is benefiting from favourable weather conditions. Exporters are also hoping for increased demand from the European Union.
Nuts
May 22, 2024

Peanuts: tense markets

NEW DELHI/BUENOS AIRES. India has started exporting the summer crop and international buyers can secure attractive offers here. In North and South America, the situation is partially very tense, which is mainly due to the shortage of goods.
Oilseeds
May 21, 2024

Pumpkin seeds: freight rates increase again

DALIAN. Prices on the Chinese pumpkin seed market continue to fall due to a lack of demand. Meanwhile, freight rates are soaring again.
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.
Oilseeds
May 16, 2024

Flaxseed: larger acreage in Kazakhstan

ASTANA. Kazakh farmers are busy sowing this year's flaxseed crop. The plan is to expand the area compared to 2023. Kazakhstan's exports have declined significantly due to the disappointing 2023 crop.
Oilseeds
May 16, 2024

Sesame seeds: summer crop arrives

NEW DELHI/BRASÍLIA. Harvesting is underway in some parts of Gujarat and the first volumes have arrived. Farmers are busy sowing sesame seeds in Brazil.
Oilseeds
May 15, 2024

Sunflower seeds: global production reaches almost 55.5 million mt

SOFIA/KYIV. The US Department of Agriculture expects global sunflower seed production in 2024/2025 to be only 1% higher than in the previous season.
Nuts
May 13, 2024

Peanuts: good crop prospects put pressure on prices

NEW DELHI/ATLANTA. As a very large crop is expected in India, price increases are rather unlikely in the coming weeks. In the USA, the weather phenomenon La Niña is causing concern among farmers.
Oilseeds
May 8, 2024

Sunflower seeds: production expected to increase by 5%

SOFIA/KYIV. According to current estimates, EU sunflower seed production in 2024 is expected to increase by 5% compared to last year. In China, traders are selling their stocks at more favourable prices.
Oilseeds
May 8, 2024

Sesame seeds: smaller summer crop in 2024

NEW DELHI. Low demand and the imminent availability of the summer crop are preventing sesame seed prices from reaching a fixed level. A new tender is to provide support.
Oils
May 7, 2024

Olive oil: massive slump in exports

IZMIR. In order to promote exports of olive oil in smaller packaging units, Turkey restricted exports of large containers last summer. The Aegean Olive and Olive Oil Exporters Association (EZZİB) is taking stock of the situation.
Oilseeds
May 7, 2024

Pumpkin seeds: no chance of price increases

DALIAN. Prices on the Chinese pumpkin seed market continue to decline for various reasons. Speculators are now trying to sell their goods as quickly as possible.
Nuts
May 6, 2024

Peanuts: quality issues in Brazil

NEW DELHI/BRASILÍA. Peanut prices are under pressure in India and the situation in China is no better. The Brazilian crop is facing some major challenges.
Oilseeds
May 2, 2024

Sesame seeds: price slump in June

NEW DELHI. Farmers are about to start harvesting the new sesame seed crop in India. Prices are surprisingly firm considering that production is set to decline. Heavy rains may impact production in Tanzania.
Oilseeds
Apr 30, 2024

Blue poppy seeds: 30% rise in sowing anticipated

CHRUDIM. Sowing is said to have risen sharply for poppy seeds this year, but pests may become an issue as less chemicals are being applied.
Nuts
Apr 29, 2024

Peanuts: exhausted supplies

NEW DELHI/BUENOS AIRES. With peanut supplies nearly exhausted in Indonesia and new crops, notably from Argentina and Tanzania, comping into play the market has reached a turning point in India. Demand for US peanuts is stronger in the EU than in China.
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.
Oilseeds
Apr 25, 2024

Flaxseed: proposals to relieve the EU market

BRUSSELS/OTTAWA. When the decision was taken to increase import taxes on agricultural products from Russia, proposals on what can be done to relieve the EU flaxseed market were put forward. Meanwhile, Canadian flaxseed traders are reporting rising demand for exports.
Oilseeds
Apr 25, 2024

Sesame seeds: good prospects

NEW DELHI. In India the prospects for sesame seeds are highly encouraging. On 04 May the Indian Oilseeds and Produce Export Promotion Council (IOPEPC) will issue a first estimate for the summer crop. Weak demand is, however, proving a challenge for exporters.
Oilseeds
Apr 25, 2024

Sunflower seeds: sowing in Ukraine 26% complete

SOFIA/KYIV. The European Parliament has voted in favour of extending the duty-free regime for imports from Ukraine. Sowing in Ukraine is about a quarter complete.
Oilseeds
Apr 24, 2024

Mustard seeds: sowing season starts in Canada

OTTAWA/BRUSSELS. In Canada, growers are beginning preparations for the mustard seed sowing season. Meanwhile, market players in the EU are concerned about the supply situation in the new season.
Oilseeds
Apr 23, 2024

Pumpkin seeds: large crop in prospect

DALIAN. Sowing is continuing in the Chinese growing regions and market players are firmly expecting a significantly larger crop than last year. Prices have stabilised.
Nuts
Apr 22, 2024

Peanuts: new growing regions join in

NEW DELHI/BUENOS AIRES. In India, some states have significantly expanded their peanut cultivation and can now get involved in the market. In Argentina, prices appear to have bottomed out and the outlook in Brazil is anything but optimistic.
Oilseeds
Apr 18, 2024

Sesame seeds: happy exporters in India

NEW DELHI. After the last tender from South Korea turned out to be a great disappointment for sesame seeds, things are looking much better in India in April. Question is in how far this will impact prices.
Oilseeds
Apr 15, 2024

Pumpkin seeds: sowing is underway

DALIAN. Sowing is underway for pumpkin seeds in China and will take about a month. Prices are on the decline.
Nuts
Apr 15, 2024

Peanuts: stockists sell at a loss

NEW DELHI/BUENOS AIRES. Traders and stockists are forced to sell peanuts at a loss in India. Issue is that rising temperatures may cause diseases to spread. Harvesting is in full swing in Argentina.
Oilseeds
Apr 11, 2024

Flaxseed: traders feel sabotaged

OTTAWA/BRUSSELS. With the prospect of higher import tariffs for Russian flaxseed, European traders are worried about their business and fear massive price increases. Other growing countries such as India and Canada are coming into focus, but are not really an alternative for buyers at the moment.
Oilseeds
Apr 11, 2024

Sunflower seeds: lack of rainfall in Bulgaria

SOFIA/KYIV. It is comparatively warm and dry in Bulgaria during the sowing period. This year's crop will rely on favourable weather conditions in order to avoid a large yield deficit like last year.
Oilseeds
Apr 11, 2024

Sesame seeds: EU has increased imports by 17%

NEW DELHI. The result of the current tender will be published shortly. Indian exporters expect only small chances, but there will be slight price corrections. Alternative origins, many of them African growing countries, have also become more relevant for EU buyers.
Oilseeds
Apr 10, 2024

Pumpkin seeds: farmers tend towards shine skins

DALIAN. Looking at seed company sales, Chinese growers seem to be leaning much more towards growing shine skins than GWS kernels this year. Meanwhile, prices are continuing their downward trend.
Oilseeds
Apr 10, 2024

Blue poppy seeds: sowing forecasts are eagerly awaited

CHRUDIM. Czech poppy seed farmers are busy sowing, but the current weather conditions are not ideal for the development of the plants.
Nuts
Apr 8, 2024

Peanuts: China remains the most important producer

NEW DELHI/REUS. While the Indian peanut market is facing various hurdles, market players in the USA and Argentina are satisfied with the current situation. China remains the most important peanut producer.
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.
Oilseeds
Apr 4, 2024

Mustard seeds: higher yields to compensate for cultivation deficit

OTTAWA/BRUSSELS. The cultivation forecast for Canadian mustard seeds has been adjusted in the latest report from Agriculture and Agri-Food Canada, but the acreage is not expected to reach last year's level.
Oilseeds
Apr 4, 2024

Sesame seeds: South Korea issues new tender

NEW DELHI. The next tender for sesame seed shipments to South Korea will take place next week. Indian exporters are still branded from their setback during the last tender.
Oilseeds
Apr 4, 2024

Sunflower seeds: EU production to increase by 5%

SOFIA/KYIV. Experts have announced their first crop forecasts for EU sunflower seed production in 2024. The European Commission expects production to increase by 5% compared to last year.
Nuts
Apr 2, 2024

Peanuts: good prospects in Argentina

NEW DELHI/BUENOS AIRES. The crop in Argentina is recovering surprisingly well from the previous drought. In Brazil, growers are facing challenges, while consumption of peanut oil is declining in India.
Oilseeds
Mar 28, 2024

Flaxseed: higher tariffs for Russian oilseeds

BRUSSELS/MOSCOW. Brussels issued a first proposal for increased import tariffs on Russian and Belarusian grain products on Friday. This will undoubtedly have an impact on the prices within the EU for flaxseed.
Oilseeds
Mar 27, 2024

Sunflower seeds: prices surge in Bulgaria

SOFIA/BRUSSELS. EU countries reached a last-minute deal on Wednesday to the extend free trade with Ukraine until June 2025. Welcome as this news is, the stance towards Ukraine has hardened. In Bulgaria, the prices for sunflower seeds have risen sharply.
Oilseeds
Mar 27, 2024

Psyllium: encouraging outlook for 2024 crop

NEW DELHI/GARSTEDT. Production prospects are much better for psyllium in India than last year, despite the heavy rains witnessed at the start of March. Price fluctuations will also be less of an issue.
Nuts
Mar 25, 2024

Peanuts: limited downturn despite Holi

NEW DELHI. With Holi, the Hindu Festival of Colours, Love and Spring, being celebrated on 25 March peanuts should have taken a sharp downturn. Yet, China caused things to play out differently. Suppliers are waiting to ship the new crop in Tanzania and sales are already underway in the USA and Brazil.
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.
Oilseeds
Mar 21, 2024

Sesame seeds: new crop increases pressure

NEW DELHI. Low demand will continue to put pressure on the Indian sesame seed market in the coming months. Meanwhile, Germany has significantly increased its imports from African origins this season.
Oilseeds
Mar 20, 2024

Sunflower seeds: tariffs on Russian food exports

SOFIA/KYIV. Germany's sunflower seed imports have declined by 15% year-on-year, with shipments from France in particular experiencing a drastic decline. Meanwhile, the European Commission is working on restricting food imports from Russia and Belarus.
Oils
Mar 20, 2024

Olive oil: export restrictions prompt supply glut

IZMIR. Turkey's export restrictions for olive oil failed to produce the desired effect, producers and traders are instead confronted with unpleasant consequences.
Oilseeds
Mar 19, 2024

Pumpkin seeds: market stabilises

DALIAN. Demand for Chinese pumpkin seeds could be better, while prices appear to be stabilising for the time being. Seed sales indicate that growers will increase shine skin cultivation.