Oilseeds - Oilseeds

Blue poppy seeds: slow price decline

November 9, 2022 at 4:55 PM , Der AUDITOR
Play report as audio

CHRUDIM. Lack of demand is causing the prices of Czech blue poppy seeds to fall. Factors that actually drive up prices remain without effect and some traders are turning to alternatives.

Money must be earned

The Czech blue poppy seed market remains unusually quiet. Due to the low trading activity, prices are slowly sinking. Increased production costs, higher energy costs and the 30% smaller crop cannot change this. According to Czech processors, consumer demand for blue poppy seeds has dropped by 30-40%.

Growers, traders and processors alike still have significant stocks, some even from last year. This is a difficult situation for many traders, some of whom are now turning to other agricultural commodities such as mustard seeds to keep busin

View related articles

Go to the News Overview
Nuts
Jul 22, 2024
NEW DELHI/AUSTIN. Although US growing regions in the Southwest have faced some heavy rains, growers in parts of Texas continue to face drought and water shortages. In India, prices could soon receive support.
Oilseeds
Jul 18, 2024
CHRUDIM. Czech poppy farmers have sown a good 10,000 ha more this year than in the last two years. This raises hopes of a good crop, even though there are still concerns that the hot and dry temperatures could have a negative impact.
Oilseeds
Jul 18, 2024
NEW DELHI. Indian sesame seed traders are struggling with high competitive pressure. Meanwhile, the sesame seed tender expected at the beginning of July has been delayed by a few weeks.
Oilseeds
Jul 18, 2024
OTTAWA/BRUSSELS. Good crop prospects in Canada are putting pressure on mustard seed prices. Buyers are still holding back on enquiries.