Millet: USDA corrects global crop forecast
October 19, 2021 at 3:49 PM ,
Der AUDITOR
Harvest in Ukraine almost completed
By the end of last week, 92% of the millet acreage in Ukraine had been harvested. On the approximately 71,700 ha, 166,800 mt of millet have been produced so far with an average yield of 2.33 mt/ha. The USDA's current estimate is only 150,000 mt. The new crop is now also available in China, where the US Department of Agriculture expects 2.3 million mt of millet, as last year.
Contrary to previous estimates of 31.11 million mt, the USDA has reduced global millet production by 4% to 29.81 million mt, which would be a decline of 6.3% compared to last year. However, this deviation is primarily due to a correction of the cultivation figures for India.
|
Millet production in 1,000 mt |
|||
|
Country |
2020/21 |
2021/22 |
Diff. |
|
India |
13,200 |
11,500 |
-12.9% |
|
Niger |
3,850 |
3,800 |
-1.3% |
|
China |
2,300 |
2,300 |
0.0% |
|
Nigeria |
2,000 |
2,000 |
0.0% |
|
Mali |
1,941 |
1,800 |
-7.3% |
|
Sudan |
1,500 |
1,500 |
0.0% |
|
Ethiopia |
1,100 |
1,100 |
0.0% |
|
Russia |
392 |
300 |
-23.5% |
|
Ukraine |
260 |
150 |
-42.3% |
|
Kazakhstan |
40 |
40 |
0.0% |
|
Others |
5,235 |
5,320 |
1.6% |
|
Total |
31,818 |
29,810 |
-6.3% |
|
USDA |
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Chinese millet is available
Chinese millet, both conventional and organic, is now available in the market. However, depending on the supplier, prices may vary. In addition, transport costs are still extremely high, which is why exporters prefer to offer FOB prices. Conventional hulled millet is currently at a level of USD 1,230-1,375/mt FOB Dalian, for organic millet the offers vary between USD 1,310-1,495/mt FOB.
|
Millet, China |
|
|
Type |
USD/mt |
|
Hulled, 2021 crop |
1,230-1,375 |
|
Organic, hulled, 2021 crop |
1,310-1,495 |
|
FOB Dalian |
|
Germany's imports stabilise at the end of the season
In the 2020/2021 season (Sep-Aug), Germany imported 27,293 mt of millet, about 1.5% less than in the same period last year. Only two months before the end of the season, however, the difference was still -9%. While the volume of imports from Ukraine, France and Austria was significantly higher year-on-year, imports from Poland fell by 25% to 3,084 mt. Shipments from Russia also shrank noticeably during this period.
|
Millet* imports, Germany in mt |
|||
|
Country |
2019/20 |
2020/21 |
Diff. |
|
Ukraine |
6,277 |
7,490 |
19.3% |
|
France |
4,616 |
6,789 |
47.1% |
|
Austria |
3,380 |
5,354 |
58.4% |
|
Poland |
4,117 |
3,084 |
-25.1% |
|
Netherlands |
1,347 |
1,211 |
-10.1% |
|
China |
886 |
986 |
11.3% |
|
Russia |
3,018 |
512 |
-83.0% |
|
Kazakhstan |
382 |
400 |
4.7% |
|
Romania |
1,650 |
0 |
-100.0% |
|
Others |
2,046 |
1,467 |
-28.3% |
|
Total |
27,719 |
27,293 |
-1.5% |
|
Federal Statistical Office of Germany / Sep-Aug *10082900 Millet (excl. grain sorghum, and seed for sowing) |
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View more
- price chart, organic millet, China
- price chart, millet, unhulled, green, India
- price chart, millet, unhulled, yellow, India
- price charts for grains, oilseeds, nuts, spices and dried fruit
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