Grains - Grains

Buckwheat: growers' tactics are not working out

March 1, 2023 at 2:40 PM , Der AUDITOR
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DALIAN. There is little change in the Chinese buckwheat market at present, and farmers' hopes for price increases have not yet been fulfilled. In Ukraine, the acreage could increase again in 2023.

Weak demand in China

The situation in the Chinese buckwheat market has changed little from the time before Chinese New Year, with farmers still reluctant to sell and holding back a large part of their goods. According to Chinese traders, supplies are relatively low, so growers are probably hoping to raise prices with their tactics. So far, however, they have had little success, because over the last four weeks, prices for conventional buckwheat from China have fallen by as much as USD 20/mt and are currently at USD 1,150/mt FOB Dalian. This is mainly due to the weak

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