Grains - Grains

Buckwheat: container shortage causes export prices to rise

July 28, 2021 3:19 PM, Der AUDITOR
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BEIJING. Due to lucrative alternatives for farmers, buckwheat cultivation in China is declining this year. However, the yield prospects are good. Meanwhile, exports from China to Germany took a positive turn in the current season.

Acreage declines

Government subsidies and the prospect of a higher profit margin are prompting some Chinese farmers to grow more soybeans and corn this year. This is also at the expense of the area under buckwheat. Chinese market players are nevertheless optimistic. They report good yield prospects and hope for an excellent crop as long as the weather plays along.

Due to high freight costs and logistical challenges in the international market, exporters prefer to quote FOB prices. Organic buckwheat, hulled for prompt shipments i

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Jan 18, 2022
BEIJING/KIEV. Ukraine has been able to multiply its millet exports in recent years, but a significant drop in production is likely to affect this season's export volume. Meanwhile, there is a lack of demand in the Chinese market.
Jan 18, 2022
BEIJING/MOSCOW. Stocks are low in China, yet buckwheat prices have been adjusted again ahead of the New Year. Meanwhile, Germany's imports are down 13% this season.
Dec 15, 2021
KIEV. After Ukraine was able to continuously increase its millet exports in the past years, they will be significantly lower again in the 2021/22 season. The reason for this is the smaller production volume.
Dec 6, 2021
BEIJING. In China, demand for millet is currently so low that many processors have temporarily stopped producing. This is also causing prices to decline.