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Oilseeds
Sep 18, 2024

Sunflower seeds: downward revisions to global crop forecasts

SOFIA/KYIV. In the WASDE report published last week, the US Department of Agriculture adjusted its forecasts for global sunflower seed crops. As expected, the estimates for the EU and Ukraine were revised downwards.
Dried Fruit
Sep 18, 2024

WorldFood Istanbul: mixed impressions

ISTANBUL. Held on 3-6 September 2024 the 32nd WorldFood Istanbul aimed to strengthen Turkey’s position as a leading and innovative food producer. While discussions covered a wide range of topics from export opportunities, over health and the environment to artificial intelligence, visitor numbers were a bit disappointing. Industry representatives also highlighted the fact that the price fluctuations in Turkey are complicating negotiations between suppliers and buyers this season.
Oils
Sep 18, 2024

Olive oil: export restrictions lifted

IZMIR. The Turkish olive oil sector can breathe a sigh of relief. With the prospect of a global increase in production, the restrictions on Turkish olive oil exports have been lifted ahead of schedule.
Nuts
Sep 18, 2024

Cashews: big plans in Cambodia

PHNOM PENH. Cambodia is the second largest exporter of raw cashew nuts, but is barely able to process the raw nuts itself. This is now set to change with a new programme planned by the government.
Dried Fruit
Sep 18, 2024

Dried cranberries: harvest to start soon

QUÉBEC. Canada's cranberry crop is in relatively good condition, with lower yields expected only in organically farmed areas. Meanwhile, growers are taking measures to protect the fruit from the autumn frosts.
Dried Fruit
Sep 17, 2024

Dried figs: the countdown is on

AYDIN. With the official start of the season just a few days away and the steady rise in commodity prices, the Turkish dried fig market is rather quiet. The current season will see significantly lower export figures than 2022/2023.
Dried Fruit
Sep 17, 2024

Sultanas: new crop shows wide range of colours

MANISA. The onset of rainfall during the harvest period has had a noticeable effect on the colour of the sultanas. Most growers have now completed their harvest.
Dried Fruit
Sep 17, 2024

Dried apricots: TMO prices are too low

MALATYA. Apricot farmers in Turkey say that the base prices announced by the TMO are far too low in view of rising production costs. The financial situation remains tense, which is why exporters are not buying larger quantities.
Dried Fruit
Sep 17, 2024

Dates: 30% decline in production?

TEHRAN. Suppliers are hitting the alarm bells in Iran. Some claim that this year’s crop size will be 30% smaller for dates.
Nuts
Sep 16, 2024

Peanuts: tariffs become a challenge

NEW DELHI/ATLANTA. In India, peanut growers are protesting against the lifting of import duties on vegetable oils, as they are already struggling with the low prices. In the USA, much depends on the outcome of the upcoming election, as tariffs could be imposed for the EU and China.
Pulses
Sep 16, 2024

Chickpeas: traders seize their opportunities

NEW DELHI/OTTAWA. Prices in India continue to rise and sellers are now increasingly releasing their goods for sale to take advantage of the situation. There are some positive developments in Canada.
Nuts
Sep 16, 2024

Almonds: difficult transition

SACRAMENTO. Supplies are relatively tight for US almonds in the transition period. This has impacted exports. With arrivals picking up the situation should, however, change.
AUDITOR Issues
Sep 13, 2024

The AUDITOR Issue 32/2024

Download the latest weekly edition of the AUDITOR containing objective market reports, reliable price charts and market prices along with the most up to date market statistics offering all you need to trade successfully.
Oilseeds
Sep 12, 2024

Flaxseed: mixed start to the season

OTTAWA/ASTANA. With the gradual increase in tariffs on imports of Russian flaxseed into the EU, buyers are looking for alternative suppliers. Canadian traders, meanwhile, are worried about their relations with China.
Spices
Sep 12, 2024

Spice market update: cardamom growers report severe crop damage

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and chilli, black pepper and cardamom as well as a price list for more than 70 products.
Oilseeds
Sep 12, 2024

Sesame seeds: unfavourable weather conditions in India and China

NEW DELHI/BEIJING. In addition to smaller acreages, heavy rainfall in some Indian cultivation regions has impaired production results. Massive yield losses are also expected in China.
Fruit and Vegetables
Sep 11, 2024

Pulses: growers must recognise potential

ANKARA. Turkey wants to increase its relevance in the growing market for pulses. The cultivation of red lentils in particular is to be made more attractive for farmers through promotional measures.
Oilseeds
Sep 11, 2024

Sunflower seeds: yield decline in Ukraine

KYIV/SOFIA. With each passing week, market players' concerns about declining yields are being confirmed. In Ukraine, the harvest has progressed significantly further than last year.
Nuts
Sep 11, 2024

Pecans: China stocks up

CAPE TOWN/ATLANTA. While the harvest in the southern hemisphere will soon be complete, China is securing a large proportion of the South African crop to stock up for the New Year celebrations. In North America, the crop volume will be smaller than last year.
Nuts
Sep 11, 2024

Walnuts: caution prevails in Chile

SANTIAGO. Chile has witnessed a substantial reduction in output this year. This has prompted the country’s exports to slump for walnuts. With spring about to start caution prevails for the 2025 crop.
Dried Fruit
Sep 10, 2024

Prunes: Chile expects higher yields

SANTIAGO. The EU has reduced its imports of prunes compared to the same period last year. Meanwhile, Chilean market experts are positive about the 2025 crop.
Dried Fruit
Sep 10, 2024

Dried figs: growers continue to raise prices

AYDIN. In Turkey, the 2023/2024 export season for dried figs is slowly coming to an end. Exporters are buying goods to prepare for the new season, which farmers see as an opportunity to further increase their prices.
Nuts
Sep 10, 2024

Hazelnuts: new pricing model for new crop

ORDU. Chaos presides for hazelnuts in Turkey once again. With inflation, unorthodox economic policies and stink bugs dominating the scene in recent years, the industry has, however, become more resilient in adapting to new disruptions. The main issues for this year's crop are bug and rain-related damages, a more complex pricing model and kernel size.
Dried Fruit
Sep 10, 2024

Sultanas: high prices reduce willingness to buy

MANISA. The high price level is currently making Turkish sultanas unattractive for exporters and buyers alike; buying large quantities at once is a major financial commitment.
Dried Fruit
Sep 10, 2024

Dried apricots: prices may vary

MALATYA. The market has stabilised after the TMO announced its purchase prices for dried apricots last week. Nevertheless, offers can currently vary depending on the supplier. Exports are going very well so far.
Pulses
Sep 9, 2024

Chickpeas: exciting developments in India

NEW DELHI/OTTAWA. Chickpea prices in India continue to rise and the government is currently discussing another important step to stabilise the market. There have also been slight price increases in Canada.
Nuts
Sep 9, 2024

Peanuts: Argentine exporters fully occupied

NEW DELHI/BUENOS AIRES. Argentinian peanut suppliers have their hands full at the moment. Brazilian importers are also sourcing as much produce as possible from the neighbouring country. In India, rains have brought relief.
Nuts
Sep 9, 2024

Cashews: EU buyers enjoy low prices

BRUSSELS/NEW DELHI. Historically low prices have driven up EU imports for cashew nuts. Vietnam has remained the most important supplier. Yet, India is struggling to retain its market position.
Dried Fruit
Sep 9, 2024

Dried figs: why have prices gone crazy in Turkey?

AYDIN. Raw material prices for figs have surged exceptionally. Is this price increase merely speculative, or is it reflective of actual market conditions? International clients visiting trade fairs often ask whether there is a new story for figs this year. The answer is yes.
AUDITOR Issues
Sep 6, 2024

The AUDITOR Issue 31/2024

Download the latest weekly edition of the AUDITOR containing objective market reports, reliable price charts and market prices along with the most up to date market statistics offering all you need to trade successfully.
Grains
Sep 6, 2024

Grains and oilseeds: worries over new plague in Argentina

BRUSSELS. Australia may have put the wheat market in Asia under pressure but the situation is different in Russia and the EU. Drought and cicadas are a worry for corn. Argentina’s farmers will switch to soybeans. In a standoff with Canada China has issued an anti-dumping investigation concerning canola.
Dried Fruit
Sep 6, 2024

Dried figs: production, quality and market dynamics

AYDIN. Figs go back a long way in history in Turkey, the number one producing and exporting country. Rising costs, quality issues and the delicate nature of the fruits pose difficult to navigate challenges, especially for this year’s crop.
Spices
Sep 6, 2024

Spice market update: large turmeric crop in prospect

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and chilli, black pepper and cardamom as well as a price list for more than 70 products.
Oilseeds
Sep 5, 2024

Sesame seeds: damage due to heavy rains

NEW DELHI/BRUSSELS. Rainfall has broken all records in the state of Gujarat in India, extensive damages are being reported for sesame seeds.
Nuts
Sep 5, 2024

Walnuts: discouraging estimates

WASHINGTON, D.C. On Wednesday, the United States Department of Agriculture’s National Agricultural Statistics Service issued the long-awaited “2024 California Walnut Objective Measurement Report”, after months of speculation.
Oilseeds
Sep 5, 2024

Blue poppy seeds: new crop puts pressure on prices

CHRUDIM/BUDAPEST. This year's significantly better crop is putting pressure on prices in the blue poppy seed market. However, the quality of the seeds will not be able to fulfil all requirements.
Spices
Sep 4, 2024

Ginger: China is the most important supplier for the EU

LIMA/BRUSSELS. Peruvian ginger exports fell in volume in July, but rose in value. EU ginger imports are down and Nigeria is no longer the top supplier.
Oilseeds
Sep 4, 2024

Sunflower seeds: official EU crop forecast reduced again

SOFIA/KYIV. With the renewed downward revision, the European Commission's forecasts for the 2024 EU sunflower seed crop are now below 10 million mt. Market players still consider some of the estimates to be too optimistic.
Nuts
Sep 4, 2024

Macadamias: Kenya's farmers demand law change

CAPE TOWN/NAIROBI. In South Africa, growers are desperate because of high production costs and low prices. Kenyan farmers, meanwhile, are protesting against some parts of the Agriculture and Food Authority Act that are making their lives difficult.
Dried Fruit
Sep 4, 2024

Barberries: too good to be true?

BIRJAND. While Iran exports barberries as dried fruits, research is underway to change this. A company has recently hit local news headlines by developing a method that enables barberries to be exported as organic fresh fruits.
Dried Fruit
Sep 4, 2024

Dried cranberries: smaller organic crop in Canada

QUÉBEC. The weather in the Canadian cranberry regions was characterised by high temperature fluctuations this summer. Despite a smaller organic crop, the yield prospects for the coming production are optimistic.
Oilseeds
Sep 3, 2024

Pumpkin seeds: up to 30% more shine skins

DALIAN. The shine skin crop in China is significantly larger than last year, and with the carry-over stocks from the current season, supplies should be more than secured. The GWS crop is less abundant, but has also developed well.
Dried Fruit
Sep 3, 2024

Dried figs: exporters prepare shipments

AYDIN. Turkish dried figs are starting the season significantly more expensive than buyers had hoped. Meanwhile, there is a shortage of large fruits and suppliers are preparing for the start of the export season.
Dried Fruit
Sep 3, 2024

Dried apricots: TMO announces purchase prices

MALATYA. The TMO is starting its dried apricot purchases and has announced its purchase prices. This also stabilises prices on the free market. Exports are still very promising.
Dried Fruit
Sep 3, 2024

Sultanas: rain damage still unclear

MANISA. At the weekend, there were renewed rains in the growing regions of the Turkish province of Manisa. The extent of the damage is still unclear and the market is showing restraint.
Nuts
Sep 3, 2024

Hazelnuts: selling turns complex

ORDU. With quality issues prevailing in lower altitudes selling hazelnuts has become more complex in Turkey this year. Expectation is that Ferrero will buy at the start of the season and speculations prevail as to how willingly farmers will sell to the TMO.
Nuts
Sep 2, 2024

Peanuts: US growers hope for rainfall

NEW DELHI/ATLANTA. Next week, the probability of rain is increasing in the US growing regions – the precipitation is urgently needed and farmers are pinning all their hopes on the change in weather. In India, however, the weather has been extremely favourable so far.
Nuts
Sep 2, 2024

Cashews: Vietnam hopes for a significant export increase

HANOI. In the first seven months of the year, Vietnam has already managed to increase its exports – the hoped-for export target for 2024 is USD 3.8 billion. However, the country is also dependent on high RCN imports.