Grains - Grains

Buckwheat: acreage in Ukraine declines by 10%

June 29, 2022 at 12:03 PM , Der AUDITOR
Play report as audio

BEIJING/KYIV. In Ukraine, buckwheat sowing declined by 10% year-on-year. Meanwhile, prices in the Chinese market are increasing due to lower availability.

Prices increase

In the Chinese buckwheat market, stocks are increasingly declining. Traders are taking advantage of this to raise prices again after they had fallen temporarily in May. Domestic processors are partly covering their demand with imported goods. The further price trend also depends on the development of the new crop. Currently, Chinese buckwheat, hulled, is offered for USD 1,280/mt FOB Dalian; prices for organic quality are at USD 1,360/mt FOB.

In Ukraine, sowing for this year's buckwheat production has now been completed. According to the Ukrai

View related articles

Go to the News Overview
Nov 1, 2023
DALIAN/KYIV. Harvesting is nearing completion in Ukraine. Weak demand for millet is giving rise to concerns in China and shipments to Germany have declined.
Oct 30, 2023
DALIAN/KYIV. Buckwheat prices have declined sharply in China in recent weeks, but trading is relatively subdued. Harvesting is nearly complete in Ukraine.
Oct 11, 2023
DALIAN/GDANSK. As the Chinese millet market is in the low season, there is little buying interest and hardly any trading is taking place. This is also reflected in the prices. In Poland, meanwhile, the construction of the first grain port is planned.
Oct 11, 2023
DALIAN/KYIV. Ukraine's president Volodymyr Zelensky announced a new grain corridor on 10 October. Intention is that shipments will pass through Moldova to Romania and enable Ukraine to supply the world market with grains. Focus has shifted towards the new crop in China and prices are up.