Grains - Grains

Buckwheat: massive increase in Russian shipments to the EU

April 28, 2022 9:10 AM, Der AUDITOR
Play report as audio

BEIJING/MOSCOW. Last year, Russia exported almost 170% more buckwheat to EU countries than in the previous year. In contrast, shipments from China, whose market is currently facing various difficulties, declined significantly.

Logistical problems in China

The situation on the Chinese buckwheat market is currently difficult. Market players report increasing transport and logistics problems, among other things due to the worsening pandemic situation in the country. As a result, the processing factories are receiving fewer goods, although there would be enough buckwheat available. On the one hand, the farmers in the growing regions still have goods, on the other hand, Russian buckwheat is also stored in the Chinese ports, for example in Manzhouli. Prices are holding steady and

View related articles

Go to the News Overview
More News
May 18, 2022
FRANKFURT/WASHINGTON DC. While Ukraine won the Eurovision song contest on Saturday, the G7 leaders see little cause to celebrate as they warn that Russia is deliberately giving rise to a global food and energy crisis that may cause 50 million people to be confronted with hunger. They also condemn India’s sudden export ban for wheat. Yet, the 2022/2023 projections for wheat in the United States Department of Agriculture’s (USDA) recently issued World Agricultural Supply and Demand Estimates (WASDE) are rather on the optimistic side of things.
May 11, 2022
LIMA/SUCRE. The quinoa market is facing the same problems as all other agricultural products; higher production costs are causing declining cultivation figures in South America. There are, however, not always alternatives for growers.
May 2, 2022
KYIV. Taras Vysotskiy, Ukraine’s Deputy Minister of Agriculture, accused invading Russian forces of stealing grain in areas they have occupied on 30 April. Vysotskiy stated on Ukrainian TV that “there are confirmed facts that several hundred thousand tons of grain in total were taken out of the Zaporizhzhya, Kherson, Donetsk, and Luhansk regions.” Farmers are set to defy the Russian invaders.