Grains - Grains

Millet: acreage in Ukraine shrinks to 43,000 ha

November 30, 2022 at 12:53 PM , Der AUDITOR
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BEIJING/KYIV. According to official data, Ukraine harvested significantly less millet than in previous years, while the US Department of Agriculture predicts a similar crop for China as in 2021.

Crop almost halved

Prices for Chinese millet have recently dropped slightly. According to market players, sufficient goods are available on the market, but carry-over stocks from last year are increasing the pressure on prices. This could also lead to further price corrections in the long term. According to the US Department of Agriculture, millet production in China in 2022/2023 will reach 2.7 million mt, a similar level to last year. Hulled millet is currently offered at export prices of USD 1,230/mt FOB Dalian, for organic quality the offers a

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