Price: €11.00
Member Price: €0.00

Peanuts: optimistic outlook in the USA

February 26, 2024 at 4:01 PM , Der AUDITOR
Play report as audio

NEW DELHI/ATLANTA. In India, prices continue to fall and demand for peanut oil and seeds is extremely low. In the USA, the outlook is much better, while there have been harvest delays in Nicaragua.

Oil mills remain closed

Indian peanut prices are still continuing their downward trend and so far there is no improvement in sight. Indian traders report that there is currently virtually no demand for peanut oil and consumers are switching to alternatives such as sunflower oil. As a result, oil mills are not stocking up and this drop in demand is putting considerable pressure on prices. The mills have been buying peanuts at higher prices in recent months and are now having to book losses, some of which are considerable. Some of them have therefore increased the pri

Categories:

View related articles

Go to the News Overview
Oilseeds
Jul 3, 2025
OTTAWA/ASTANA. Canadian traders expect that the country will start the new season without any significant carry-over stocks. Speculation suggests that prices for new the crops in Russia and Kazakhstan will rise.
Oilseeds
Jul 3, 2025
OTTAWA/BRUSSELS. Rainfall is benefiting the mustard seed crop in Canadian growing regions. However, further rain showers are urgently needed. In the 2024/2025 season, almost 36% less mustard seeds have been imported into the EU so far.
Nuts
Jul 3, 2025
ORDU. Uptake for the TMO sales is slow. New crop estimates have emerged for hazelnuts. Trading slowly starts for the 2025 crop. EU spending has reached a record in the first six months of the year.
Oilseeds
Jul 2, 2025
SOFIA/DALIAN. The European Commission has significantly lowered its crop forecast for the 2025/2026 season. Market players reckon that this may not be the last time if the current weather conditions persist.