Oilseeds - Oilseeds

Blue poppy seeds: difficult starting position

May 5, 2022 at 11:47 AM, Der AUDITOR
Play report as audio

CHRUDIM/BUDAPEST. Hungarian poppy seed traders once again emphasise the difficult market situation and hold back with offers. Czech poppy seed cultivation could also hold a few unpleasant surprises this year.

60% of the sowing discarded

The blue poppy seed market seems to be facing a difficult season. Hungarian traders confirmed once again that their crop is not in good condition and is said to be in worse shape than last year. An estimated 60% of the poppy fields have been discarded. The drought last autumn and winter had severely affected plant growth, while the spring rains had started too late, which is why many fields could not be saved. Market players therefore reckon that Hungarian poppy seed production will be just sufficient for domestic demand. Export

View related articles

Go to the News Overview
Oilseeds
Dec 1, 2022
NEW DELHI. High prices for Indian sesame seeds could make it difficult for traders to participate successfully in the tender. The availability of the new crops from African origins further diminishes the chances.
Oilseeds
Dec 1, 2022
SOFIA/KYIV. The European Commission drastically cut its estimate for the 2022 EU sunflower seed crop in its latest report at the end of November. Meanwhile, demand for Chinese sunflower seeds is lower than last year, and yet prices are rising.
Oilseeds
Nov 28, 2022
DALIAN. Due to the current market developments in China and the closure of some growing areas, speculators have much less power than usual, which, according to traders, makes for a peaceful mood. How long this peace will last, however, is questionable.
Nuts
Nov 28, 2022
NEW DELHI. Although market prices are already well above the minimum support price, many farmers are holding back their goods in the hope of further increases. This does not necessarily meet with approval from buyers.