Price: €11.00
Member Price: €0.00

Grains and oilseeds: China to switch strategy

June 2, 2023 at 12:16 PM , Der AUDITOR
Play report as audio

BRUSSELS. Ukraine has accused the EU of hypocrisy after demands were voiced to extend the import restrictions in place for Ukrainian wheat, rapeseed and corn along with sunflower seeds in five EU member states. China may shift its purchasing policy for soybeans.

Excellent prospects for wheat

Prices have come under pressure as official EU production estimates for wheat have been lifted by 1.3 million mt to 131.5 million mt, which is 4.6% up on last year. Issue is that Spain, Italy and Hungary and the Balkan states will harvest larger crops. Although dry weather conditions are ideal for the crop in northern France, concerns are being voiced over possible tight water supplies. The outlook is bearish for wheat as production prospects are also encouraging in Russia, India and Canada. SovEcon, moreover, reckons that Russia still

View related articles

Go to the News Overview
Oilseeds
Jul 10, 2025
ASTANA. A recovery in crops and EU tariffs on Russian flaxseed imports have caused Kazakhstan's flaxseed exports to double. Around 74% of exports went to China and Belgium.
Oilseeds
Jul 10, 2025
NEW DELHI/BRASÍLIA. Growers in India were able to start Kharif sowing early. South Korea has published a new sesame seed tender. The crop in Brazil is of impressive quality.
Oilseeds
Jul 9, 2025
SOFIA/KYIV. Rainfall brought some relief to European growing regions after a period of hot, dry weather. This is good news for the sunflower seed crop. The EU imported around 20% less sunflower seeds from third countries in the 2024/2025 season.
Nuts
Jul 7, 2025
NEW DELHI/BUENOS AIRES. While sowing is being expanded in key Indian growing regions, Argentina is attracting buyers with favourable prices for feed peanuts. Export prices in India remain largely stable.