Yields may be cut
The lack of snow in lower altitudes may prove problematic for prematurely developed shrubs. Due to mild temperatures many shrubs are around 3 weeks premature, which renders them vulnerable to cold snaps with sub-zero temperatures. Frost damages cannot be rules out over the next few weeks.
Production may decline by 150,000 mt
Market players, however, assess the situation differently. The exporters are currently buying up stocks, which has nominally driven up raw kernel prices. Other market players are, however, more