Market updates on oilseeds and vegetable oils with up-to-date price trends
Oilseeds
Nov 25, 2021

Flaxseed: 200,000 ha in Kazakhstan cannot be saved

NUR-SULTAN. Last week, the Asia Grains&Oils Conference took place in Kazakhstan. Market expert Evgeny Karabanov from the Kazakh Grain Union (KGU) presented the current estimates for the Kazakh Flaxseed crop of 2021.
Oilseeds
Nov 25, 2021

Blue poppy seeds: little change until the end of the year

CHRUDIM. The Czech blue poppy seed market is quiet and price corrections comparable to those in the last weeks of last year are not to be expected. Enough raw materials should be available, although the partly low quality is emphasised again.
Oilseeds
Nov 24, 2021

Sunflower seeds: high prices paralyse the market

SOFIA/KIEV. As Russia is currently not supplying any raw materials, Moldova is by far the most important third-country sunflower seed supplier for the EU. Both Russia and Ukraine were able to achieve very good crops this year. In Bulgaria, the high prices keep the market quiet.
Oilseeds
Nov 23, 2021

Pumpkin seeds: sluggish demand before the holidays

BEIJING. The Chinese pumpkin seed market is lacking demand, while speculators have had little success so far. The approaching Christmas holidays and Chinese New Year should ensure that there are only few price corrections in the export market.
Oilseeds
Nov 22, 2021

Sesame seeds: exporters adapt to the circumstances

NEW DELHI. Indian sesame seed exporters are adjusting their prices to the current situation. They fear that they will no longer be able to sell their stock at attractive prices. The upcoming tender from South Korea could give the sesame seed market a new direction.
Oilseeds
Nov 19, 2021

Sesame seeds: major part of the crop not suitable for export

NEW DELHI. A new sesame seed tender from South Korea has been announced and, as usual, Indian traders are hoping for good chances of success. However, Indian shipments to the EU have declined significantly.
Oilseeds
Nov 18, 2021

Blue poppy seeds: the pressure on suppliers is growing

CHRUDIM. Delayed shipments are causing Czech traders to adjust their poppy seed prices downwards. In addition, poppy seed imports to Germany have been extremely weak this season.
Oilseeds
Nov 18, 2021

Flaxseed: cleaning facilities are waiting for raw materials

NUR-SULTAN/WARSAW. The flaxseed market is still feeling the delays in shipments due to the closures at the Polish-Belarusian border. Germany imported large quantities from Canada in the first month of the new season.
Oilseeds
Nov 17, 2021

Sunflower seeds: Germany's imports slump by 60%

SOFIA/KIEV. The high price level in the sunflower seed market is deterring buyers. In Ukraine, the harvest is slowly coming to an end and Germany imported about 60% less sunflower seeds in the first month of the new season than in the same month last year.
Nuts
Nov 17, 2021

Peanuts: China remains top producer

REUS/BEIJING. In its latest estimates, the INC shows that global peanut production increased slightly in the 2021/22 season. China remains the undisputed leader.
Oilseeds
Nov 15, 2021

Pumpkin seeds: GWS kernels in the hands of speculators

BEIJING. The Chinese market GWS kernels is still going crazy. With the raw material stocks sold off and the remaining positions in the hands of the suppliers, they have all the freedom to speculate with prices and push them up.
Oilseeds
Nov 11, 2021

Flaxseed: prices to fall in Canada

OTTAWA/NUR-SULTAN. Although cargo trains are running again in Alashankou, China's main border crossing with Kazakhstan, handling is still slow. The high prices for flaxseed in Canada basically make it impossible for traders to sell to China and the EU.
Oilseeds
Nov 10, 2021

Sunflower seeds: high prices cause slump in demand

SOFIA. In addition to the slack period in the sunflower seed market in the run-up to Christmas, the still horrendously high prices are the main reason for low demand. In terms of EU import figures, Russia's absence as a supplier is becoming increasingly noticeable.
Oilseeds
Nov 10, 2021

Blue poppy seeds: high August exports make up for September deficit

CHRUDIM. The approaching Christmas holidays are currently causing demand for Czech blue poppy seeds to rise slightly. September exports, however, were significantly lower than last year.
Oilseeds
Nov 9, 2021

Pumpkin seeds: prices remain at 6-year high

BEIJING. Chinese pumpkin kernels are currently more expensive than they have been for a long time. Even without taking into account the horrendous increase in freight prices that started almost a year ago, prices for both pumpkin shine skins GWS kernels have reached a 6-year high.
Oilseeds
Nov 4, 2021

Sesame seeds: India profits from crises in other countries

NEW DELHI. The crises in Sudan and Ethiopia are certainly having an impact on the sesame seed market. Although Diwali has subdued trading in India this week, arrivals are expected to pick up on Labh Panchami, which marks the start of the new year, on 9 November. Traders report that overseas demand is good.
Oilseeds
Nov 4, 2021

Blue poppy seeds: stable market allows trade to flourish

CHRUDIM. Firm prices and a stable market have a positive effect on the blue poppy seed trade. Only the growers, who are afraid of making losses because of the increased cultivation costs, are losing out.
Oilseeds
Nov 3, 2021

Sunflower seeds: prices hit 9-year high

SOFIA/BRUSSELS. The farmers are nearly finished harvesting sunflower seeds in Russia and Ukraine. The prices for bakery kernels have hit a nine-year high. EU production estimates cannot hold up to initial expectations.
Nuts
Nov 2, 2021

Peanuts: traders in India hope for shift in demand

ATLANTA/NEW DELHI. The shipping crisis presents an unprecedented challenge for US peanut suppliers. Although export demand is high, suppliers are having difficulties meeting contracts. Overseas demand has, by contrast, declined in India this year.
Oilseeds
Nov 1, 2021

Pumpkin seeds: GWS kernels are sold out

BEIJING. Growers have reportedly sold all of their GWS pumpkin kernels by now. The demand for Grade A seeds is so good that the first suppliers have stopped offering for the time being.
Oilseeds
Oct 28, 2021

Sunflower seeds: slump in shipments to EU

SOFIA. The surge in oilseed prices has also impacted the market for hulled sunflower seeds. Shipments to the EU have declined sharply. Export tariffs and quotas have put off buyers in Russia and Kazakhstan.
Oilseeds
Oct 28, 2021

Flaxseed: exports stagnate at the border

NUR-SULTAN/OTTAWA. In Russia and Kazakhstan, the flaxseed harvest is coming to an end and most of the new crop should already be available in the market. Despite the disappointing developments in Kazakhstan and Canada, experts report that Russia's farmers are said to have achieved a record crop this year.
Oilseeds
Oct 28, 2021

Mustard seeds: price forecast for Canada raised again

OTTAWA. Agriculture and Agri-Food Canada once again updated its forecasts for the current 2021/2022 season. After the former massive cut in the crop estimate, this remained unchanged for the time being, but price forecasts were increased by a further 10%.
Oilseeds
Oct 27, 2021

Blue poppy seeds: 2021 crop estimates officially revised downwards

CHRUDIM. The Czech Statistical Office recently published the updated data for the 2021 poppy seed crop. These are significantly behind the highly optimistic estimates from July.
Oilseeds
Oct 25, 2021

Pumpkin seeds: prices for GWS kernels rise significantly

BEIJING. After the GWS market was initially spared the price increases experienced by the shine skin market, prices have now risen noticeably. The quality of the goods plays a decisive role.
Oilseeds
Oct 21, 2021

Blue poppy seeds: producers hold back supplies

CHRUDIM. A certain normality has resumed in the blue poppy seed market. Prices have, however, failed to decline so far. Issue is that many farmers refuse to sell.
Oilseeds
Oct 20, 2021

Sunflower seeds: high prices fail to put off buyers

CHIȘINĂU/SOFIA. The rising prices for oilseeds continue to drive up the sunflower seed market in Eastern Europe. Traders in Moldova report that demand for bakery kernels is, nevertheless, high. This is also reflected in recent EU import data.
Oilseeds
Oct 20, 2021

Sesame seeds: rain fuels concerns about quality loss

NEW DELHI. Indian exporters are stocking up to meet shipments to South Korea, which is supporting prices. At the same time, rains are now causing concerns about crop quality in other growing regions.
Oilseeds
Oct 18, 2021

Flaxseed: sellers can do what they want

NUR-SULTAN/OTTAWA. Prices remain high in the international flaxseed market. Last year's profits enable farmers in Kazakhstan to hold back supplies and drive up prices. A high degree of uncertainty has gripped the market.
Oilseeds
Oct 18, 2021

Pumpkin seeds: speculative trading picks up again

BEIJING. Last week, speculators took a break in commodity buying. However, this lasted much shorter than market players had expected. This also has an impact on export prices.
Oilseeds
Oct 13, 2021

Blue poppy seeds: August exports 40% up on last year

CHRUDIM. After long delays, the majority of the Czech poppy seed crop is finally available on the market. However, demand is high, which is why prices are stable for the time being. August exports were significantly higher than last year.
Oilseeds
Oct 13, 2021

Sunflower seeds: concern is spreading in the market

SOFIA. Bulgarian sunflower seed traders are looking at the current developments in the bakery market with growing despair. Hardly anyone believes that prices will soon reach a level similar to that of the last few years.
Oilseeds
Oct 13, 2021

Flaxseed: KGU announces new crop estimates

NUR-SULTAN. As the flaxseed harvest in Kazakhstan progresses, it is becoming increasingly clear what this year's production can bring. However, experts at the Kazakh Grain Union (KGU) believe the official cultivation figures are too optimistic.
Oilseeds
Oct 12, 2021

Pumpkin seeds: speculators rely on tactics

BEIJING. After prices had risen due to numerous speculative purchases, buyers are now following a new tactic. The most preferred kernels are still shine skins.
Oilseeds
Oct 11, 2021

Sesame seeds: cultivation decreases compared to 2020

NEW DELHI. Compared to last year, significantly less sesame seeds were grown in India for the Kharif crop. With the arrival of the crops, there are again more offers in EU quality. Meanwhile, Indian exporters were able to win a large part of the last sesame seed tender.
Oilseeds
Oct 7, 2021

Sesame seeds: main crop from Gujarat now available

NEW DELHI. The new crop from Gujarat is available, but traders are still holding back due to the low quality. In other Indian states, the sesame seed crop is said not to have been affected by the excessive rainfall.
Oilseeds
Oct 7, 2021

Flaxseed: uncertainty about crops in Eastern Europe

OTTAWA/NUR-SULTAN. The availability of the flaxseed crops in Russia and Kazakhstan is still a big question mark for market players. In Canada, too, work in the fields is slowly coming to a close.
Organic Commodities
Oct 7, 2021

Organic chia seeds: weather adversities cause prices to rise sharply

ASUNCION/KAMPALA. Frost and drought have severely affected South America's chia crops this year. A massive price increase was the result, accompanied by higher procurement costs in the international market due to logistical hurdles and restrictions.
Oilseeds
Oct 6, 2021

Blue poppy seeds: market players cannot reach agreement

CHRUDIM/ANKARA. In the Czech blue poppy seed market, there is disagreement between buyers and sellers about prices for the new crop. In Turkey, however, poppy seed prices are holding at the level of the past weeks.
Oilseeds
Oct 6, 2021

Sunflower seeds: prices defy cultivation figures

SOFIA/BRUSSELS. While the sunflower seed harvest in Bulgaria is now complete, farmers in Russia and Ukraine are still in the process. A price decline is still not in sight. Meanwhile, the EU Commission announced its updated crop estimates.
Oilseeds
Oct 5, 2021

Mustard seeds: Canada's crop hits 40-year low

OTTAWA. Canadian authorities expect this year's crop to be the lowest since the 1970s. This is also reflected in the price forecasts for the 2021/2022 season.
Oilseeds
Sep 30, 2021

Sesame seeds: new tender to be announced this week

NEW DELHI. The new sesame seed tender from South Korea is expected soon and Indian exporters hope for good chances in participating. There was little trading activity in individual regions due to heavy rains.
Oilseeds
Sep 30, 2021

Flaxseed: worst crop result in over two decades

OTTAWA/NUR-SULTAN. Losses in the Canadian flaxseed market are becoming increasingly drastic. According to recent reports, the average yield per hectare is the lowest it has been in more than 20 years.
Oilseeds
Sep 30, 2021

Sunflower seeds: fluctuating production estimates

SOFIA/KIEV. In Russia and Ukraine, the sunflower seed harvest continues to progress. In both countries, about one third of the crop has been harvested so far.
Oilseeds
Sep 29, 2021

Blue poppy seeds: delayed availability causes prices to rise

CHRUDIM/BUDAPEST. Due to severe rainfalls, there are delays in processing the blue poppy seed crop at the cleaning plants. Many farmers are also hesitant to sell their goods.
Oilseeds
Sep 27, 2021

Pumpkin seeds: speculators probe the market

BEIJING. The Chinese pumpkin seed market attracts speculators who hope to make a big catch. For foreign buyers, however, prices are already at a six-year high due to the freight rates.
Nuts
Sep 27, 2021

Peanuts: Argentina struggles with logistical hurdles

BUENOS AIRES/ATLANTA. The peanut market is currently experiencing a lot of ups and downs, as Herman Driesens, manager at the Commodity Exchange in Rotterdam, states in his latest report on cornhouse.nl. Although high-quality crops are expected from Argentina and Brazil as well as from the USA, not all prospects are this promising.
Oilseeds
Sep 24, 2021

Sesame seeds: producers concerned about poor quality

NEW DELHI. Unfavourable weather conditions are causing further price corrections in the Indian sesame seed market. Gujarat is particularly affected, but market players are worried about the whole crop. A trend reversal can be seen in sesame seed imports to Germany.