Nuts

Peanuts: a sigh of relief in Argentina

March 11, 2024 at 11:55 AM , Der AUDITOR
Play report as audio

NEW DELHI/BUENOS AIRES. Heat and drought were a major concern for Argentinian peanut growers in January and February. March has been somewhat more favourable so far. In India, the market could be literally flooded with peanuts.

High temperatures are becoming a problem

Demand on the Indian peanut market remains rather weak and the already low prices are continuing to fall. This trend is likely to continue for the time being, as market players reckon that stockists and growers will soon sell off large parts of their supplies. The reason for this is the rising temperatures, which are favouring the spread of the dreaded Munda disease; before this affects their goods, the majority of suppliers will decide to sell in the near future. Market experts forecast high arrivals, especially from Tamil N

Categories:

View related articles

Go to the News Overview
Nuts
Apr 18, 2024
BRUSSELS/REUS. Imports from Russia may have declined sharply for pine nuts since 2022, yet the country still holds a key position in the EU. Global production fell sharply in 2023/2024.
Oilseeds
Apr 18, 2024
NEW DELHI. After the last tender from South Korea turned out to be a great disappointment for sesame seeds, things are looking much better in India in April. Question is in how far this will impact prices.
Nuts
Apr 18, 2024
ORDU. Not only the TMO but also Ferrero have jumped into action regarding hazelnuts after weeks of speculation.
Nuts
Apr 17, 2024
BEIJING/REUS. China has remained the most important producer for walnuts as the latest International Nut and Dried Fruit Council (INC) estimates show. The prospects for the 2024 crop are promising.