Market updates on oilseeds and vegetable oils with up-to-date price trends
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.
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.