Grains - Grains

Buckwheat: container shortage causes export prices to rise

July 28, 2021 at 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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