Oilseeds - Oilseeds

Blue poppy seeds: drastic price deviations for the new crop

June 2, 2021 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
Aug 12, 2022
NEW DELHI. Some Indian growers are reporting a pest infestation in the fields and have taken immediate action with the help of the government and universities. There is also an interesting development in the peanut oil market.
Aug 11, 2022
NEW DELHI/ISLAMABAD. Indian traders see Pakistan as the biggest competitor this season as the crop there is expected to be 40% higher than last year. The palm oil market continues to put pressure on prices.
Aug 10, 2022
BUDAPEST/CHRUDIM. While crop estimates in the Czech Republic have improved slightly compared to earlier forecasts, the mood on the Hungarian blue poppy seed market has reached zero. Meanwhile, the new EU regulation is causing concern among market players in all growing countries.
Aug 8, 2022
DALIAN. In the Chinese growing regions, the harvest will start in the coming days and the farmers are in the middle of preparations. However, the shine skin growers in particular are facing various difficulties.