Grains - Grains

Millet: sowing starts in Ukraine

April 26, 2023 at 3:16 PM , Der AUDITOR
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BEIJING/KYIV. Chinese growers want to dispose of their old stocks as soon as possible. Meanwhile, farmers in Ukraine have started sowing for this year's crop.

Stocks to be sold off

Some Chinese millet producers still have high stocks, which they want to sell before the new crop arrives. However, demand is low, which is not unusual for this time of year. While prices are currently still relatively stable, market players expect that there may be minor downward corrections. Conventional hulled millet is currently offered for USD 1,240/mt FOB Dalian, while offers for organic quality are at a level of USD 1,310/mt FOB Dalian.

According to the Ukrainian Ministry of Agriculture, a total of 1.005 million ha had been sown

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