Oilseeds - Oilseeds

Blue poppy seeds: drastic price deviations for the new crop

June 2, 2021 at 2:27 PM, Der AUDITOR
Play report as audio

CHRUDIM. Favourable weather conditions ensure that the Czech poppy seed crop is developing well, but a delayed start to the harvest is to be expected due to the cooler temperatures for a longer period of time.

According to reports, about 40,000 ha could be sown and only minor losses have been reported so far. Under the current conditions, a similar production result as last year can therefore be expected; in 2020, 29,000 mt of poppy seeds were harvested in the Czech Republic. 

Difference of almost EUR 0.20/kg

However, pricing in the market is difficult at the moment. Some market players report moderate demand for prompt shipments, others report above-average buying interest and low stocks. As a result, prices currently vary between EUR 1.90-1.96/kg

View related articles

Go to the News Overview
Grains
Feb 3, 2023
BRUSSELS. EU wheat imports have nearly tripled to 4,968 million mt. Exports are also 7.7% up at 18.8 million mt. The war in Ukraine, however, continues to overshadow the entire grain market. China is also a key figure for corn. Developments in South America are crucial for soy and the showdown between Indonesia and the EU is impacting rapeseed.
Oilseeds
Feb 2, 2023
NEW DELHI. The Indian sesame seed market saw massive price increases, and yet traders believe that a tender participation should not be in vain.
Oilseeds
Feb 2, 2023
KYIV/DALIAN. For the EU border states as well as for the Ukrainian industry, the massive export increases hold new challenges. Meanwhile, experts are optimistic about the 2023 crop.
Oilseeds
Jan 30, 2023
DALIAN. There are reports from the Chinese market that speculators, who are hoarding a huge part of the shine skin supplies in their warehouses, are ready to sell large quantities. If this were to happen, it would have a significant impact on prices.