Grains - Grains

Millet: significant decline in production in Ukraine

March 1, 2022 4:11 PM, Der AUDITOR
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KYIV/BEIJING. Even though the decline in production in Ukraine is not quite as drastic as initially expected, production is still more than 20% lower. Trade in China is currently rather sluggish.

Price increases are to be expected

After the Chinese New Year, which was celebrated on 1 February, farmers showed little motivation to sell their millet stocks; to date, business has not picked up, making it difficult in some cases for producers to store their stocks properly. However, the commodity available on the market is correspondingly low, which has led to an increase in prices for conventional goods. Exporters only have small stocks and are trying to replenish them. Domestic demand is therefore likely to increase again in the coming days, which could lead to

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