Nuts

Peanuts: snow in Argentina

June 21, 2021 12:00 PM, Der AUDITOR
Play report as audio

BUENOS AIRES. Snow in Córdoba has taken Argentina's peanut farmers by surprise. This is the first time snow has been witnessed in 14 years. Although harvesting has mainly been completed in the areas impacted, quality is a concern. Issue is that kernels with a high moisture content may have been damaged. This is, however, not the only problem.

First snow in 14 years

Harvesting in Argentina has been in full swing since April. This year farmers in Córdoba were, however, very much taken by surprise as it snowed for the first time in 14 years as local media report. Several people have also shared images on social media. Argentina's national weather service has forecast that temperatures will continue to range at -2C to 13C over the next few days. Cornhouse is, however, not concerned as farmers are reporting light snowfall and the peanuts in the areas affected were already dug up in May. These peanuts should be dry enough to avoid quality issues. Kernels with a high moisture content may have, however, been damaged. The full extent of this damage still needs to be ascertained.

Fungus is a problem

Weather conditions have, however, been good for harvesting so far, especially since the kernels profited from rain in March. Argentina Peanuts is reckoning with an average crop as yields are estimated to range at 3.0-3.2 mt/ha in the recenty issued crop report. The crop will, however, fall short on last year's exceptional production. This is also partly due to Sclerotinia Sclerotiorum, which is a pathogenic fungus that spread in many fields. The peanuts impacted had to be dug up early, which resulted in losses. Exports are, by contrast, expected to hit a record of 721,725 mt by the end of the current season. Peanuts are trading firm with nominal fluctuations in Europe. Prices for shelled Runners size 38/42 from Agrentina, for instance, range at EUR 1.37/kg FCA Spain.

Peanuts

Size, origin

EUR/kg

Runner, shelled, 38/42, Argentina

1.37

Blanched, 38/42, Argentina

1.80

Red Skin, 60/70, China

1.90

Runner, blanched, 38/42, USA

1.80

Blanched, 25/29, USA

1.90

FCA Spain

 

View more
price chart, peanuts, with skin, 40/50, Bold, India
price chart peanuts, with skin, 50/60, Java, India
more price charts

Categories:
View related articles
Go to the News Overview
Oilseeds

Sunflower seeds: heated debates over Russia

SOFIA. In how far Russia will able to hold on to the export duties of 50% is a matter of heated debate at present. Although local reports issued in Ukraine state that production will range lower than anticipated in Russia, a rise is still expected on last year. Imports to the EU have plummeted in the first half of July.
7/22/21, Der AUDITOR
Oilseeds

Flaxseed: Canada gains market shares on Russia and Kazakhstan

OTTAWA/NUR-SULTAN. Heat and drought persist in Canada. Fortunately, flaxseed is more resistant than other agricultural commodities in dealing with these extreme weather conditions. Recent import data in Germany shows that Canada is gaining in Europe.
7/22/21, Der AUDITOR
Oilseeds

Pumpkin seeds: suppliers need to be patient

BEIJING. Pumpkin seed suppliers in China need to be patient. Issue is that most customers are on holiday. Prices have, nevertheless, changed.
7/21/21, Der AUDITOR
Oilseeds

Sesame seeds: sowing 17% down on last year

NEW DELHI. Farmers in India are busy sowing sesame seeds for the kharif crop. Recently issued data by the Directorate of Oilseeds Development in Hyderabad has, however, confirmed concerns. Buyers in Germany have turned to alternative sources as newly issued import data shows.
7/21/21, Der AUDITOR