Mundus Agri News

AYDIN/TEHRAN. In both Turkey and Iran, low rainfall rates pose a risk to the coming fig crop. Exporters also complain about the difficulties caused by the ongoing container shortage.

MALATYA. Farmers and producers in Turkey are still very divided about the crop volume for the new season. Storm and frost damage will ultimately prove to be decisive.

ORDU. During the counting for the new crop, some anomalies were found in the Ordu region. In addition, a purchase bid by the TMO could be announced soon.

HANOI. Vietnamese producers can be pleased about high demand and very good exports. However, there are considerable differences in prices.

BEIJING. Little by little, prices for Shine Skins are increasing on the Chinese market, with quotations for...

ATLANTA. Both domestic and export demand in the US have increased significantly compared to the previous season. For most a reason to rejoice - only the farmers are not that happy yet.

MADRID/SACRAMENTO. Last week's subjective estimate issued by the National Agricultural Statistics Service (NASS) came with a bang. Although market experts reckon that another production record is out of the question in California this year as the almond trees need time to recover from last year's record of 3.12 billion pounds, the initial subjective forecast rather predicts another bumper crop of 3.20 billion pounds. This would be the third year in a row that production hits a record in California and begs the question how realistic such expectations are. Traders in Europe have, meanwhile, been deliberating over the impact of the pandemic over the last few months. Now the import data recently updated by the European Commission shows a clear trend in terms of demand.

View the latest AUDITOR issue - the agricultural raw material information service.

TEHRAN. After the severe night frosts in April, Iranian farmers have now been able to provide initial damage estimates - and the weather continues to keep producers on their toes.

NEW DELHI. Due to the Corona situation in India, farmers are short of labour for the current crop, which could delay the process. At the same time, the high…

NUR-SULTAN/OTTAWA. The prices for Eastern European flaxseed are stagnating at a high level. Market players report…

MADRID/SACRAMENTO. The first official crop estimates for the 2021 almond crop are imminent, and at the same time the US almond market continues to record very good export figures in April.

MANILA. The factories in the Philippines are working at full speed, but massive delivery delays still cannot be avoided. The outlook for the rest of the year is also anything but promising.

SOFIA/BRUSSELS. Despite contradictory cultivation reports, market players remain confident about the development of this year's crop. Officials also continue to speak of a significant increase in cultivation.

MALATYA. Due to Ramadan, demand on the apricot market has dropped massively in recent weeks. However, things look promising for the new crop.

AYDIN. Market players report good weather conditions in the growing regions. However, fruit formation is expected to be delayed due to the cool night temperatures.

MANISA. Sunny weather promises good conditions for the development of grapes in the growing regions. Due to low trading activity, there were some price corrections this week.

CHRUDIM/ANKARA. The Czech poppy seeds are developing well, with the plants receiving sufficient moisture. Meanwhile, poppy seed exports experienced a significant upswing in March.

HANOI. Both the import of RCN and the export of processed kernels are currently causing concern for market players in Vietnam. On the European spot market, this is not yet noticeable in terms of prices.

BEIJING. In a few days the sowing for this year's pumpkin seed crop will be completed and so far it looks like the forecasts of a smaller acreage will be confirmed.

ATLANTA/SANTIAGO. The USA is not only experiencing smaller acreage this season, but is also struggling with high freight rates and EU import tariffs. The harvest in Argentina is delayed, but the crop is of high quality.

ORDU. Hazelnuts have certainly defied the trend. While the prices for many agricultural commodities have surged in recent weeks, buyers in the hazelnut market have rather profited from attractive prices. With attention shifting more and more towards the new crop, however, the tide is starting to turn. Issue is that prospects appear to be far from encouraging in other producing countries such as Azerbaijan or Georgia. Suppliers in Turkey, in other words, have no need to panic. Trading will, however, be very much subdued this week.

View the latest AUDITOR issue - the agricultural raw material information service.

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

NEW DELHI. Due to high daily new infections, trade in the Indian market has been severely reduced. Many large...

TEHRAN. The pandemic is certainly far from over and the economic backlash is felt in the date market. Domestic supplies are normally very much depleted at the start of Ramadan. Things are, however, different this year. Although around half the month of Ramadan is over, large inventories remain. The cold storage supplies in Bushehr Province give a hint as to how critical the situation may become.

BEIJING. Sowing is expected to continue in the Chinese growing regions until the end of May. Only then do many market players want to engage in further speculation.

TEHRAN. Since barberries are considered a luxury product the farmers in Iran are particularly hard hit by the pandemic. Bearing last year’s experiences in mind they have adopted a much more cautious approach in selling new puffed barberry arrivals to the market. Price developments in the export market differ from prices in the domestic market.

SACRAMENTO/SANTIAGO. The Chilean walnut crop will soon be available on the market. However, large parts of it have already been committed.

TEHRAN. Although Iran successfully stepped up saffron exports, much is left to be desired. Exports hit more than 322 mt in March 2020 through to March 2021, despite the sanctions. Performance may have, however, been much better. Suppliers emphasise that illegal smuggling activities are not the only problem, but that packaging is key to drive up sales.

SOFIA/NUR-SULTAN. Despite the Orthodox Easter break, trading is not entirely subdued in Southeast Europe. Prices may change direction. On top of this, Kazakhstan intends to issue export quotas for sunflower seeds and oil.

NUR-SULTAN/OTTOWA. Recently released export data in Kazakhstan shows a sustained shift in the flaxseed market. Buyers in the EU are certainly more interested in purchasing supplies elsewhere. Attention is also shifting more towards this year’s crop.

AYDIN. Conditions in the growing areas are good and producers expect the trees to set fruit soon. Exports also continue to be very satisfactory.

MALATYA. The lockdown in Turkey and as well as Ramadan are keeping the markets very quiet. There is also little movement in prices.

MANISA. With sunny weather conditions and temperatures expected to rise as high as 30C prospects could hardly be more encouraging in Manisa. Growers are at present in the process of picking and selling vine leaves, which are considered a popular delicacy overseas. This practice has, however, sparked controversy. Market players are also surprised about the sudden uptick in exports.

HANOI. Excessive demand for cashew kernels has prompted suppliers in Vietnam to step up raw cashew nut imports. Shipments to Vietnam, in fact, rose more than fivefold in March over last year. Market players are, however, mystified by shipments from Cambodia. As the Vietnam Cashew Association (Vinacas) reports Cambodia shipped a seemingly incredible volume of 367,000 mt of raw cashew nuts to Vietnam in March. Problem, however, is that production only ranged at 300,00 mt. This has sparked speculations.

CHRUDIM/ANKARA. Czech poppy seed farmers are taking advantage of the current situation and hold back their supplies. At the same time, market players are confident about the acreage for the 2021 crop.

ORDU. As the TMO has not yet made any statement about further purchase bids until the end of this season, it appears that there...

View the latest AUDITOR issue - the agricultural raw material information service.

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

NEW DELHI. Heavy rainfalls are causing Indian sesame seed farmers to look at their fields with concern, and the first losses have reportedly already been registered.

OTTAWA/NUR-SULTAN. The Canadian statistics service StatCan published updated crop forecasts this week. Contrary to previous expectations, the flaxseed market might have to adjust to a significantly smaller crop.

TEHRAN. Export prices in Iran have risen significantly in the past two weeks. This is due to weather-related damage on the one hand and high domestic demand on the other.

TEHRAN. The Khorasan-Razavi province in the northeast of Iran is known for its green raisins, the centre of cultivation being the town of Quchan. There, 3,000 farmers cultivate…

TEHRAN. Pistachio suppliers have pulled the emergency brake in Iran. Issue is that sudden frosts in April have created enormous damage, which will certainly impact this year’s production. Although exports are performing well, prospects are rather gloomy for next season.

SANTIAGO/SACRAMENTO. Chilean exporters are still hesitant with offers for the new crop. Yet the country was able to further strengthen its position as a top supplier for the EU last year.

SOFIA. The past few days brought sunshine to the Bulgarian growing regions, which the farmers took advantage of to largely complete,,,

CHICAGO/HAMBURG. Market and price trends with trade assessments. The oilseed market is very volatile, but with significant price corrections for the new crop. Sunflower oil decreases because it is too expensive.