Oilseeds - Oilseeds

Blue poppy seeds: gloomy crop forecasts

June 1, 2023 at 12:41 PM , Der AUDITOR
Play report as audio

CHRUDIM. Market players are eagerly awaiting the official cultivation data for this summer. A decline in production is already expected, but speculation is rife that sowing may have been even lower than previously thought.

Farmers exercise restraint

According to market players, demand for Czech blue poppy seeds is still above average. However, as stocks are running low at the same time and farmers are enjoying this luxury situation and holding back their goods, prices are also continuing to rise. The old crop is almost sold out and according to traders there are still about 1,000 mt of poppy seeds available on the Czech market. Blue poppy seeds with less than 20 ppm morphine are currently traded for EUR 2.41/kg FCA Czech Republic.

View related articles

Go to the News Overview
Oilseeds
Apr 11, 2024
OTTAWA/BRUSSELS. With the prospect of higher import tariffs for Russian flaxseed, European traders are worried about their business and fear massive price increases. Other growing countries such as India and Canada are coming into focus, but are not really an alternative for buyers at the moment.
Oilseeds
Apr 11, 2024
SOFIA/KYIV. It is comparatively warm and dry in Bulgaria during the sowing period. This year's crop will rely on favourable weather conditions in order to avoid a large yield deficit like last year.
Oilseeds
Apr 11, 2024
NEW DELHI. The result of the current tender will be published shortly. Indian exporters expect only small chances, but there will be slight price corrections. Alternative origins, many of them African growing countries, have also become more relevant for EU buyers.
Oilseeds
Apr 10, 2024
DALIAN. Looking at seed company sales, Chinese growers seem to be leaning much more towards growing shine skins than GWS kernels this year. Meanwhile, prices are continuing their downward trend.