Market updates on oilseeds with up-to-date price trends
Oilseeds
Jul 27, 2023

Sesame seeds: price increases across the board

NEW DELHI/ABUJA. Weather developments in India are causing concern among market players. In Nigeria, however, the removal of subsidies is expected to drive up transport costs.
Oilseeds
Jul 27, 2023

Sunflower seeds: yield estimates revised downwards

KYIV/SOFIA. Lower yield estimates and uncertainty are shaping the sunflower seed market. This is also reflected in prices. The possible extension of the EU import restrictions on certain Ukrainian agricultural commodities is also being hotly debated.
Oilseeds
Jul 24, 2023

Pumpkin seeds: speculators could miscalculate

DALIAN. Chinese speculators are hoarding much of the remaining shine skin stocks in their warehouses, hoping for rising demand in August - but market experts consider this unlikely. Meanwhile, the new crop is developing well.
Nuts
Jul 24, 2023

Peanuts: demand surges massively

NEW DELHI. The buying interest for Indian peanuts has increased significantly and the dwindling stocks are ensuring that prices continue to rise. Meanwhile, the African origins are facing various challenges.
Oilseeds
Jul 21, 2023

Soy: traders simply refuse to be shocked

BRASÍLIA/CHICAGO. While Russia’s decision to pull out of the Black Sea Grain deal has failed to impress the market, traders in Brazil see great potential in the present demand situation. A new study shows that Brazil will continue to produce record volumes of grain in the next ten years. This will also have implications for fertilisers.
Oilseeds
Jul 20, 2023

Sesame seeds: India expands acreage

NEW DELHI/KHARTOUM. India's sesame seed cultivation is said to have expanded massively this year. Details of the much-awaited tender from South Korea have finally been officially announced, with the bidding taking place at the turn of the month.
Oilseeds
Jul 20, 2023

Flaxseed: crop forecasts for 2023

OTTAWA/ASTANA. Canada's flaxseed acreage has been lower than expected this year, setting a negative record. Russia and Kazakhstan are also forecast to have smaller crops, while Ukraine is looking to push its niche product.
Oilseeds
Jul 20, 2023

Blue poppy seeds: surprising cultivation forecast

CHRUDIM. The official estimate of the cultivated area by the Czech Statistical Office came as a surprise to the Czech poppy seed industry. However, the fields urgently need rain to stem the crop losses.
Oilseeds
Jul 19, 2023

Sunflower seeds: market activity remains subdued

SOFIA/KYIV. Hot and dry weather in Bulgaria could have a negative impact on yields in the long term. Meanwhile, the closure of the grain corridor does not directly affect exports of sunflower seeds from Ukraine, but this development is still causing some uncertainty in the market.
Oilseeds
Jul 18, 2023

Mustard seeds: redeeming rainfall

OTTAWA. Drought had been causing considerable trouble to Canada's mustard seed regions, but last week finally brought some much-needed rainfall. Germany's imports from Canada have tripled year-on-year.
Oilseeds
Jul 17, 2023

Pumpkin seeds: supply meets demand

DALIAN. Although there are only small stocks left in Chinese pumpkin seed warehouses, supply should cover demand until the start of the new season. Prices are currently moving in different directions.
Nuts
Jul 17, 2023

Peanuts: monsoon is both a curse and a blessing

NEW DELHI. While some Indian growers are breathing a sigh of relief at the much-needed monsoon rains, others are already reporting crop damage from the heavy rains. In the US, processors are currently assessing the quality of the new crop.
Grains
Jul 14, 2023

Grains and oilseeds: downright peculiar negotiations with China

BRUSSELS/BRASÍLIA. Buyers from China have a curious way of negotiating shipments for soy in Brazil. The EU has reported a sharp downturn in wheat imports and exports, extensive heat is proving a problem for corn and FAS is very much upbeat about Ukraine’s rapeseed production.
Oilseeds
Jul 13, 2023

Sesame seeds: rainfall causes crop damage in Pakistan

NEW DELHI. The next sesame seed tender is expected in the coming days and Indian exporters are expecting better chances again due to recent developments.
Oilseeds
Jul 13, 2023

Psyllium: majority of the crop already sold

NEW DELHI. Speculators have the market for psyllium husks in their hands, which inevitably affects prices. The monsoon season in India is further aggravating the market situation.
Oilseeds
Jul 12, 2023

Soy: enquiries pick up in Brazil

BRASÍLIA/BRUSSELS. Traders in Brazil are upbeat about soy. Not only did exports hit a record in June but enquiries are also up. EU soybean and soymeal imports have declined sharply in the first week of MY 2023/2024.
Oilseeds
Jul 12, 2023

Sunflower seeds: bad weather hits Moldova

SOFIA/CHIȘINĂU. Uncertainty over the new sunflower seed crop coupled with high production costs are limiting buying and selling activities in Bulgaria. Storms have created extensive crop damages in parts of Moldova.
Oilseeds
Jul 11, 2023

Pumpkin seeds: low buying interest

DALIAN. Demand on the Chinese pumpkin seed market is currently low, with shine skins in particular finding hardly any buyers. Buyers still have full warehouses and market experts estimate that orders for the new crop could also be delayed.
Nuts
Jul 10, 2023

Peanuts: monsoon affects trade

NEW DELHI/BUENOS AIRES. After heavy monsoon rains, trade was restricted in some parts of India last week, and there are also reports of crop damage. In Argentina, the situation is anything but rosy this year, while there is still hope for US traders.
Oilseeds
Jul 6, 2023

Sesame seeds: courting the tender

NEW DELHI/DODOMA. The summer crop in Tanzania is supplying the sesame seed market with new goods, while stocks from the Indian summer crop are slowly dwindling.
Oilseeds
Jul 5, 2023

Sunflower seeds: EU has doubled imports

SOFIA/DALIAN. The EU has more than doubled its sunflower seed imports for the 2022/2023 season. At the same time, the EU crop forecast was recently revised upwards again.
Oilseeds
Jul 5, 2023

Blue poppy seeds: price increases expected

CHRUDIM/ANKARA. The official cultivation estimates for the 2023 Czech poppy seed crop are to be published soon. However, a significant decline in production will be unavoidable due to the smaller acreage. In Turkey, meanwhile, the harvest is already imminent.
Nuts
Jul 3, 2023

Peanuts: moisture leads to quality issues

NEW DELHI. Heavy rains in some Indian growing areas have led to crop damage and quality losses; however, the extent of the damage has yet to be determined. Indonesian buyers are increasingly switching from Indian peanuts to the cheaper alternative from Mozambique.
Oilseeds
Jun 30, 2023

Soy: Lula’s double-faced environmental policies spark big uproar

BRASÍLIA/BRUSSELS. While US market shares for soybeans are slipping, Brazil is on the rise. Traders here are presently assessing President Luiz Inácio Lula da Silva's decision to lift agricultural spending by 27% as compared with last year. Soybean quotations have run wild in Chicago.
Oilseeds
Jun 29, 2023

Sesame seeds: good crop prospects

NEW DELHI. Despite low chances of success, Indian exporters are stocking up on sesame seeds for the coming tender. Meanwhile, further good production results are expected in India later in the season.
Oilseeds
Jun 28, 2023

Sunflower seeds: production forecasts differ

SOFIA/KYIV. In Ukraine, farmers have now finished sowing. The cultivation of sunflower seeds could not reach the planned target. Meanwhile, disagreement is leading to unclear crop forecasts for the Bulgarian sunflower seed crop.
Oilseeds
Jun 26, 2023

Pumpkin seeds: comfortable situation for GWS traders

DALIAN. Due to weak demand, the Chinese pumpkin seed market is currently very quiet. Speculators are trying to sell their shine skins, while there are few offers for GWS kernels.
Nuts
Jun 26, 2023

Peanuts: oil purchases from China decline

NEW DELHI/BRASÍLIA. China has reduced its purchases of peanut oil from India and is buying larger quantities from Brazil. Here, the harvest has been completed, but there are few offers for the new crop so far.
Oilseeds
Jun 22, 2023

Flaxseed: main growing countries reduce acreage

ASTANA/OTTAWA. Flaxseed sowing in the major producing countries is expected to be significantly lower this year. For Canadian exporters, this could be an opportunity to regain a foothold in the international market.
Oilseeds
Jun 22, 2023

Sesame seeds: arrivals slow down

NEW DELHI/KHARTOUM. China and Pakistan are expected to have good chances in the coming sesame seed tender. In the Indian growing regions, meanwhile, rainfall ensured good sowing conditions.
Oilseeds
Jun 21, 2023

Mustard seeds: crop forecast better than expected

OTTAWA. Revisions to forecasts for the 2023/2024 Canadian mustard seed season were all positive. If the estimates can be met, market players expect a larger production and falling prices.
Oilseeds
Jun 21, 2023

Sunflower seeds: Russia sticks to export duty

SOFIA/MOSCOW. In order to be able to fully utilise the capacities of domestic oil mills, Russia wants to keep the export duty on sunflower seeds as long as necessary. Bulgarian growers, meanwhile, are reluctant to sell their oilseed stocks in advance.
Oilseeds
Jun 20, 2023

Soy: traders confronted with harsh reality

BRASÍLIA/BRUSSELS. Soy has become highly political again after the French parliament voted against the approval of the EU-Mercosur trade deal last week. Brazil’s President Luiz Inácio Lula da Silva responded swiftly with a statement that clearly highlights the dilemma his registration is in. Local traders are exasperated with fraudsters.
Oilseeds
Jun 19, 2023

Pumpkin seeds: speculators get nervous

DALIAN. With the completion of the new sowing, speculators are trying to sell their stocks as soon as possible. However, demand remains low.
Nuts
Jun 19, 2023

Peanuts: cyclone “Biparjoy” hits India

NEW DELHI. India and Pakistan were battered by strong winds and rains brought by cyclone "Biparjoy" over the weekend; the extent of damage is still being ascertained. Germany's peanut imports have dropped and Argentina is no longer the main supplier here.
Oilseeds
Jun 15, 2023

Sesame seeds: market turns crazy over record sales in India

NEW DELHI/KHARTOUM. As sales hit an unexpected record-high in India prices have climbed. South Korea intends to issue a new tender at the start of July.
Oilseeds
Jun 14, 2023

Sunflower seeds: water supplies are the issue

SOFIA/KYIV. Trading association Coceral has revised the production estimates for sunflower seeds in the EU. First and partly conflicting assessments concerning the impact of the destruction of the Nova Khakova dam are emerging in Ukraine.
Oilseeds
Jun 14, 2023

Pumpkin seeds: sowing complete

DALIAN. Although pumpkin seed sowing has been completed, the area is much smaller than last year in some parts of China. Traders are getting nervous over the lack of demand.
Nuts
Jun 12, 2023

Peanuts: everything hinges on the USA and China

NEW DELHI. Demand for peanuts is tricky and much hinges on China and the USA. Buyers in Europe may be quite active, but they do have issues with Argentina. Suppliers in India can barely compete with the prices on offer in Mozambique and Tanzania.
Oilseeds
Jun 7, 2023

Sunflower seeds: new challenges ahead

KYIV/SOFIA. With officials in Kyiv stating that the destruction of the Nova Khakova dam puts 42,000 people at risk of flooding on both sides of the Dnipro river the war with Russia has certainly entered a new level. The floods will also impact agriculture, but it is presently impossible to determine to what extent. Although the EU has extended the import restrictions for Urkainian corn, wheat, rapeseed and sunflower seeds to 15 September, some exceptions have been put in place.
Nuts
Jun 5, 2023

Peanuts: crop damages in Tanzania

NEW DELHI/DODOMA. Tough times ahead for traders in India as the government's decision to suspend import duties for soy and sunflower seed oil will make things hard in selling peanuts. While heavy rains have created extensive crop damages in Tanzania, prospects are highly encouraging in the Americas.
Grains
Jun 2, 2023

Grains and oilseeds: China to switch strategy

BRUSSELS. Ukraine has accused the EU of hypocrisy after demands were voiced to extend the import restrictions in place for Ukrainian wheat, rapeseed and corn along with sunflower seeds in five EU member states. China may shift its purchasing policy for soybeans.
Oilseeds
Jun 1, 2023

Sesame seeds: significant price corrections

NEW DELHI. More and more sesame seeds from the Indian summer crop are reaching the markets. Prices are coming under pressure. In addition, competition on the international market is fierce.
Oilseeds
Jun 1, 2023

Blue poppy seeds: gloomy crop forecasts

CHRUDIM. Market players are eagerly awaiting the official cultivation data for this summer. A decline in production is already expected, but speculation is rife that sowing may have been even lower than previously thought.
Oilseeds
Jun 1, 2023

Sunflower seeds: dispute over EU restrictions escalates

SOFIA/KYIV. As it is taking longer than expected to clear several areas of mines the Ministry of Agrarian Policy and Food of Ukraine has reduced its estimates for sunflower seeds this year. With the deadline for the EU's preventive measures, that suspend the imports of four agricutlural products from Ukraine in five member states, approaching fast debates have become heated. While Poland and Hungary are calling for an extension, Ukraine has accused the EU of double standards. Trading is far from easy in Bulgaria and China at present.
Oilseeds
May 31, 2023

Pumpkin seeds: traders are not optimistic

DALIAN. The current demand situation in the Chinese pumpkin seed market is not rosy, and market players report that consumption in China is declining and producers are struggling to cope. Meanwhile, sowing for the new crop has been completed.
Nuts
May 30, 2023

Peanuts: disappointment over government decision

NEW DELHI. The Indian government's decision to lift import duties on soybean and sunflower oil is weakening the peanut market and disappointing growers. This is compounded by the prospect of a large peanut crop.
Oilseeds
May 25, 2023

Sesame seeds: new crop floods markets

NEW DELHI. Indian exporters were able to secure the bulk of the current sesame seed tender. Market players, however, do not expect a trend reversal in the price development.