Grains - Grains

Buckwheat: optimistic prospects in China

August 2, 2023 at 12:18 PM , Der AUDITOR
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DALIAN. In China, the buckwheat crop is developing well, according to reports. Meanwhile, German imports increased by a whopping 55% in May 2023.

Sufficient moisture

The Chinese buckwheat market remains quiet, with supply and demand remaining manageable outside the peak season. Sowing should be largely complete by now and the outlook for the coming crop is optimistic. According to market players, the fields are sufficiently moist and the plants are already stretching their heads towards the sun.

Prices are currently under pressure because there is a lack of demand for buckwheat and buckwheat products not only from overseas but also domestically. Hulled buckwheat declined by USD 60/mt last month to USD

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