Market updates on oilseeds with up-to-date price trends
Grains
Feb 24, 2023

Grains and oilseeds: plan B

BRUSSELS. All eyes are on the negotiations concerning the Black Sea grain deal, which is set to expire on 18 March. Grain exports from Ukraine only reached 3.3 million mt on 1-22 February as opposed to 4.07 million mt shipped in the same period last year. Demand for Ukrainian corn is also low as Russian inspectors are delaying shipments. While China is buying more canola in Canada, soy presents a challenge.
Oilseeds
Feb 23, 2023

Flaxseed: other commodities are preferred

NUR-SULTAN/OTTAWA. Kazakh flaxseed farmers could reduce their acreagethis year. According to experts, the country should also concentrate more on neighbouring countries when it comes to exports.
Oilseeds
Feb 23, 2023

Sesame seeds: Nigeria takes the lead

NEW DELHI. Preliminary tender results show a clear winner, but Indian exporters should also benefit this time. The current price level should encourage farmers to increase their acreage this year.
Oilseeds
Feb 22, 2023

Sunflower seeds: imports prevent price increases

SOFIA/KYIV. The sunflower seed market is still characterised by low trading activity, and the high imports from Ukraine do not only bring advantages for growers and traders within the EU. Meanwhile, the USDA estimates the global crop to be about 11% lower than last year.
Oilseeds
Feb 20, 2023

Pumpkin seeds: limited organic supplies for EU

DALIAN. As the quality of the crop in Inner Mongolia is far from convincing only few organic pumpkin seeds will be grown that meet EU quality standards. Prices continue to rise.
Nuts
Feb 20, 2023

Peanuts: new challenges

NEW DELHI. While suppliers in India have been bickering with importers in China over the prices for peanut oil for weeks, some movement is now being perceived. A new problem has, however, confronted oil producers.
Grains
Feb 17, 2023

Grains and oilseeds: bad boy Russia

BRUSSELS. Russia’s intensified attacks on Ukraine coupled with threats that the Black Sea grain corridor will not be extended after 18 March are giving rise to concerns and expectations that prices will rise for wheat, corn, rapeseed and soy.
Oilseeds
Feb 16, 2023

Blue poppy seeds: likely to lose out

CHRUDIM. The Czech Republic's declining poppy seed production last year meant that prices rose massively at the beginning of the current season. Although the market has eased again since then, prices are still significantly higher than in previous years.
Oilseeds
Feb 16, 2023

Sesame seeds: India stands a good chance in the tender

NEW DELHI. Competitive pressure and lack of demand are taking their toll on Indian sesame seed prices. However, this increases the chances of exporters to successfully participate in the upcoming tender.
Oilseeds
Feb 16, 2023

Flaxseed: Canada under pressure

OTTAWA/NUR-SULTAN. Eastern European flaxseed is significantly cheaper again, which puts even more pressure on Canadian exporters. The forecasts for the coming 2023/2024 season do not make it any easier for market players either.
Oilseeds
Feb 16, 2023

Sunflower seeds: high demand from China

SOFIA/KYIV. Market players report good demand from China, while shipments to Europe continue to decline. This is also reflected in prices.
Oilseeds
Feb 15, 2023

Pumpkin seeds: price increases continue

DALIAN. Following last week's increases, Chinese pumpkin seed prices have once again climbed significantly in both the GWS and shine skin markets. There are two main reasons for this.
Nuts
Feb 13, 2023

Peanuts: arrivals put pressure on prices

NEW DELHI. More and more peanut arrivals, especially from the southern Indian states, are reaching the markets, putting pressure on prices. The situation on the peanut oil market remains tense.
Oilseeds
Feb 9, 2023

Sunflower seeds: Moldova's crop shrunk by more than a third

SOFIA/KYIV. Officials now confirm a significant deficit for Moldova's 2022 sunflower seed crop. Meanwhile, markets remain quiet.
Oilseeds
Feb 9, 2023

Blue poppy seeds: growers plan sowing for 2023

CHRUDIM. Above-average trading activity in January brought higher prices, while February was noticeably calmer. Growers are concretising their cultivation plans and there is currently no indication of a larger crop.
Oilseeds
Feb 9, 2023

Sesame seeds: tender to be repeated

NEW DELHI. Exporters get a second chance to participate in the tender as it will be repeated at the end of this month. The Indian sesame seed market is slowly easing again, which also has an impact on prices.
Oilseeds
Feb 7, 2023

Pumpkin seeds: prices increase significantly

DALIAN. Commodity prices have climbed noticeably in both the GWS and shine skin markets, which is also having an impact on export prices. In addition to rising demand, the buying behaviour of suppliers also plays an important role.
Nuts
Feb 6, 2023

Peanuts: water supply becomes a problem

NEW DELHI. Rising prices are tempting farmers to grow more peanuts again. However, this could lead to difficulties with regard to water supply. Higher seed prices also need to be considered.
Grains
Feb 3, 2023

Grains and oilseeds: key players’ showdown

BRUSSELS. EU wheat imports have nearly tripled to 4,968 million mt. Exports are also 7.7% up at 18.8 million mt. The war in Ukraine, however, continues to overshadow the entire grain market. China is also a key figure for corn. Developments in South America are crucial for soy and the showdown between Indonesia and the EU is impacting rapeseed.
Oilseeds
Feb 2, 2023

Sesame seeds: export prices at 8-year high

NEW DELHI. The Indian sesame seed market saw massive price increases, and yet traders believe that a tender participation should not be in vain.
Oilseeds
Feb 2, 2023

Sunflower seeds: production in Ukraine could increase by 12%

KYIV/DALIAN. For the EU border states as well as for the Ukrainian industry, the massive export increases hold new challenges. Meanwhile, experts are optimistic about the 2023 crop.
Oilseeds
Jan 30, 2023

Pumpkin seeds: speculators to sell shine skins

DALIAN. There are reports from the Chinese market that speculators, who are hoarding a huge part of the shine skin supplies in their warehouses, are ready to sell large quantities. If this were to happen, it would have a significant impact on prices.
Nuts
Jan 30, 2023

Peanuts: peanut oil in high demand

NEW DELHI. The shortage of sesame oil is making many buyers in India and overseas switch to peanut oil as a popular alternative. The higher demand is also causing prices to rise. There is good news regarding import duties.
Oilseeds
Jan 27, 2023

Sesame seeds: run on supplies

NEW DELHI. While sesame seed suppliers in India have been unable to compete in the international market, the tide may now be turning in their favour. This also has implications for South Korea’s tender.
Oilseeds
Jan 26, 2023

Blue poppy seeds: decisive weeks ahead

CHRUDIM. As the poppy seed market has witnessed an upsurge in demand in January prices have risen. Some producers are, however, still holding back in anticipation of even higher prices.
Oilseeds
Jan 26, 2023

Mustard seeds: Russia remains leading supplier

OTTAWA. Agriculture and Agri-Food Canada anticipates further sharp price cuts for mustard seeds in 2023/2024. Production will only rise a bit. Germany still strongly relies on Russia for supplies.
Oilseeds
Jan 26, 2023

Flaxseed: production to rise slightly in 2023

OTTAWA/NUR-SULTAN. Agriculture and Agri-Food Canada is confident that flaxseed production will rise by 5% in 2023/2024. Exports are, however, not going quite as well as official estimates suggest.
Oilseeds
Jan 25, 2023

Sunflower seeds: new export duty as master plan

SOFIA/NUR-SULTAN. Kazakhstan will impose a new export duty on sunflower seeds as of February. Although prices are firm in Europe, the market is concerned over the anticipated supply squeeze towards the end of the season.
Nuts
Jan 23, 2023

Peanuts: farmers outsmart industry

NEW DELHI. Farmers are in full control of India’s peanut market. Not only do they still hold more than 35% of all stocks but they also know how to play to their advantage. Artificial intelligence may also prove an asset in limiting aflatoxin contamination.
Oilseeds
Jan 19, 2023

Sesame seeds: India to lose more market shares

NEW DELHI. Chances are dwindling for India to regain its international market position for sesame seeds in the near future. In next week's tender it will be difficult for the country to compete.
Oilseeds
Jan 19, 2023

Sunflower seeds: tight supplies

SOFIA/KYIV. Hulled sunflower seed trading is still rather subdued, which is impacting prices. Since production declined in many countries this should affect supplies in the final months of the season.
Oilseeds
Jan 18, 2023

Blue poppy seeds: bleak prospects for 2023

CHRUDIM. Prices are simply too low for the blue poppy seed producers in the Czech Republic. Sowing will consequently decline for the second year in a row if farmers switch to more attractive alternatives.
Oilseeds
Jan 18, 2023

Pumpkin seeds: market about to turn

DALIAN. Chinese New Year has largely subdued trading. The national seven-day long holiday starts on 21 January and ends on 27 January, after which traders expect the prices for pumpkin seeds to shift.
Nuts
Jan 16, 2023

Peanuts: back on track

NEW DELHI. Peanuts are back on track again. Yet, there is some friction between suppliers in India and importers in China. Inflation is also prompting suppliers to act.
Oilseeds
Jan 12, 2023

Sunflower seeds: first production estimates for 2023

SOFIA/KYIV. Not only has European trade association Coceral issued its production estimates for sunflower seeds in 2023 but the EU Commision has also revised its figures downwards for 2022. Buyers anticipate higher prices.
Oilseeds
Jan 11, 2023

Sesame seeds: new tender in January

NEW DELHI. While trading has been rather subdued in recent weeks, this may change soon as South Korea will issue a new tender for sesame seeds at the end of January. Prices are at present, however, unlikely to attract buyers.
Nuts
Jan 10, 2023

Peanuts: January to prove decisive

NEW DELHI. India’s peanut market finally witnessed a turnaround at the end of last year. Suppliers are now waiting for demand to bounce back in China and in the Gulf states.
Oilseeds
Jan 6, 2023

Hazelnuts: "The world has been a chaotic place to live in"

SEEHEIM/ANKARA. What kind of new challenges did the year 2022 provide? How do buyers deal with the sometimes significant price increases and what are the expectations for the coming year 2023? We were talking to one of our business partners from the Turkish hazelnut market, who kindly answered all our questions. Read the complete interview here.
Oilseeds
Jan 4, 2023

Pumpkin seeds: low demand despite Chinese New Year

DALIAN. Although the Chinese New Year is approaching, demand for pumpkin seeds is unusually low. This is mainly due to the high Covid infection figures that still severely affect China's economy.
Oilseeds
Jan 4, 2023

Flaxseed: "A reduction in acreage is likely”

SEEHEIM/NUR-SULTAN. What kind of new challenges did the year 2022 provide? How do buyers deal with the sometimes significant price increases and what are the expectations for the coming year 2023? We were talking to oilseed expert Evgeniy Karabanov, chairman of the Kazakh Grain Union in Kazakhstan, who kindly answered all our questions. Read the complete interview here.
Oilseeds
Jan 2, 2023

Sesame seeds and Spices: “Collaborative steps are needed”

SEEHEIM/GUJARAT. What kind of new challenges did the year 2022 provide? How do buyers deal with the sometimes significant price increases and what are the expectations for the coming year 2023? We were talking to one of our business partners from the Indian market, who kindly answered all our questions. Read the complete interview here.
Oilseeds
Dec 30, 2022

Saffron and Pistachios: “The US sanctions are the biggest problem”

SEEHEIM/TEHRAN. What kind of new challenges did the year 2022 provide? How do buyers deal with the sometimes significant price increases and what are the expectations for the coming year 2023? We were talking to one of our business partners from the Iranian market, who kindly answered all our questions. Read the complete interview here.
Oilseeds
Dec 28, 2022

Dried Fruit: “There will be changes in buying and consumption”

SEEHEIM/IZMIR. What kind of new challenges did the year 2022 provide? How do buyers deal with the sometimes significant price increases and what are the expectations for the coming year 2023? We were talking to one of our business partners from the Turkish dried fruit market, who kindly answered all our questions. Read the complete interview here.
Oilseeds
Dec 26, 2022

Sunflower seeds: “The damage is irreversible“

SEEHEIM/SOFIA. What kind of new challenges did the year 2022 provide? How do buyers deal with the sometimes significant price increases and what are the expectations for the coming year 2023? We were talking to one of our business partners from the Bulgarian sunflower seed market, who kindly answered all our questions. Read the complete interview here.
Oilseeds
Dec 23, 2022

Peanuts: “The prices in India will not decrease”

SEEHEIM/NEW DELHI. What kind of new challenges did the year 2022 provide? How do buyers deal with the sometimes significant price increases and what are the expectations for the coming year 2023? We were talking to one of our business partners from the Indian peanut market, Santhosh Kumar, who kindly answered all our questions. Read the complete interview here.
Nuts
Dec 19, 2022

Peanuts: golden opportunity

NEW DELHI. Farmers and suppliers in India are waiting for the opportunity to turn their peanuts into gold. Negotiations are tense.
Grains
Dec 16, 2022

Grains and oilseeds: heavy blow to shipments

KIYV/BRUSSELS. Russia has intensified its missile attacks on Ukraine’s critical infrastructure with a barrage of rockets being fired at several parts of the country on Friday morning. Loading of grains and oilseeds is also slow to pick up in the port of Odessa after recent attacks as power cuts are frequent, truck freight costs are up and trucks are lacking. Yet, Ukraine has managed to export 19.7 million mt of grains in 2022/2023 so far, which however is 31.5% down on the 28.7 million mt exported in the same period last year. Russia may, by contrast, be able to increase exports to 25.5 million mt.
Oilseeds
Dec 15, 2022

Sesame seeds: lack of demand creates pressure

NEW DELHI. Lack of demand leads to price corrections in the Indian sesame seed market. Meanwhile, Germany has reduced its imports by a good 30% this season.