Market News on Oilseeds

Oilseeds

Oct 28, 2021

Flaxseed: exports stagnate at the border

NUR-SULTAN/OTTAWA. In Russia and Kazakhstan, the flaxseed harvest is coming to an end and most of the new crop should already be available in the market. Despite the disappointing developments in Kazakhstan and Canada, experts report that Russia's farmers are said to have achieved a record crop this year.

Oilseeds

Oct 28, 2021

Mustard seeds: price forecast for Canada raised again

OTTAWA. Agriculture and Agri-Food Canada once again updated its forecasts for the current 2021/2022 season. After the former massive cut in the crop estimate, this remained unchanged for the time being, but price forecasts were increased by a further 10%.

Oilseeds

Oct 27, 2021

Blue poppy seeds: 2021 crop estimates officially revised downwards

CHRUDIM. The Czech Statistical Office recently published the updated data for the 2021 poppy seed crop. These are significantly behind the highly optimistic estimates from July.

Oilseeds

Oct 25, 2021

Pumpkin seeds: prices for GWS kernels rise significantly

BEIJING. After the GWS market was initially spared the price increases experienced by the shine skin market, prices have now risen noticeably. The quality of the goods plays a decisive role.

Oilseeds

Oct 21, 2021

Blue poppy seeds: producers hold back supplies

CHRUDIM. A certain normality has resumed in the blue poppy seed market. Prices have, however, failed to decline so far. Issue is that many farmers refuse to sell.

Oilseeds

Oct 20, 2021

Sunflower seeds: high prices fail to put off buyers

CHIȘINĂU/SOFIA. The rising prices for oilseeds continue to drive up the sunflower seed market in Eastern Europe. Traders in Moldova report that demand for bakery kernels is, nevertheless, high. This is also reflected in recent EU import data.

Oilseeds

Oct 20, 2021

Sesame seeds: rain fuels concerns about quality loss

NEW DELHI. Indian exporters are stocking up to meet shipments to South Korea, which is supporting prices. At the same time, rains are now causing concerns about crop quality in other growing regions.

Oilseeds

Oct 18, 2021

Flaxseed: sellers can do what they want

NUR-SULTAN/OTTAWA. Prices remain high in the international flaxseed market. Last year's profits enable farmers in Kazakhstan to hold back supplies and drive up prices. A high degree of uncertainty has gripped the market.

Oilseeds

Oct 18, 2021

Pumpkin seeds: speculative trading picks up again

BEIJING. Last week, speculators took a break in commodity buying. However, this lasted much shorter than market players had expected. This also has an impact on export prices.

Oilseeds

Oct 13, 2021

Blue poppy seeds: August exports 40% up on last year

CHRUDIM. After long delays, the majority of the Czech poppy seed crop is finally available on the market. However, demand is high, which is why prices are stable for the time being. August exports were significantly higher than last year.

Oilseeds

Oct 13, 2021

Sunflower seeds: concern is spreading in the market

SOFIA. Bulgarian sunflower seed traders are looking at the current developments in the bakery market with growing despair. Hardly anyone believes that prices will soon reach a level similar to that of the last few years.

Oilseeds

Oct 13, 2021

Flaxseed: KGU announces new crop estimates

NUR-SULTAN. As the flaxseed harvest in Kazakhstan progresses, it is becoming increasingly clear what this year's production can bring. However, experts at the Kazakh Grain Union (KGU) believe the official cultivation figures are too optimistic.

Oilseeds

Oct 12, 2021

Pumpkin seeds: speculators rely on tactics

BEIJING. After prices had risen due to numerous speculative purchases, buyers are now following a new tactic. The most preferred kernels are still shine skins.

Oilseeds

Oct 11, 2021

Sesame seeds: cultivation decreases compared to 2020

NEW DELHI. Compared to last year, significantly less sesame seeds were grown in India for the Kharif crop. With the arrival of the crops, there are again more offers in EU quality. Meanwhile, Indian exporters were able to win a large part of the last sesame seed tender.

Oilseeds

Oct 7, 2021

Sesame seeds: main crop from Gujarat now available

NEW DELHI. The new crop from Gujarat is available, but traders are still holding back due to the low quality. In other Indian states, the sesame seed crop is said not to have been affected by the excessive rainfall.

Oilseeds

Oct 7, 2021

Flaxseed: uncertainty about crops in Eastern Europe

OTTAWA/NUR-SULTAN. The availability of the flaxseed crops in Russia and Kazakhstan is still a big question mark for market players. In Canada, too, work in the fields is slowly coming to a close.

Organic Commodities

Oct 7, 2021

Organic chia seeds: weather adversities cause prices to rise sharply

ASUNCION/KAMPALA. Frost and drought have severely affected South America's chia crops this year. A massive price increase was the result, accompanied by higher procurement costs in the international market due to logistical hurdles and restrictions.

Oilseeds

Oct 6, 2021

Blue poppy seeds: market players cannot reach agreement

CHRUDIM/ANKARA. In the Czech blue poppy seed market, there is disagreement between buyers and sellers about prices for the new crop. In Turkey, however, poppy seed prices are holding at the level of the past weeks.

Oilseeds

Oct 6, 2021

Sunflower seeds: prices defy cultivation figures

SOFIA/BRUSSELS. While the sunflower seed harvest in Bulgaria is now complete, farmers in Russia and Ukraine are still in the process. A price decline is still not in sight. Meanwhile, the EU Commission announced its updated crop estimates.

Oilseeds

Oct 5, 2021

Mustard seeds: Canada's crop hits 40-year low

OTTAWA. Canadian authorities expect this year's crop to be the lowest since the 1970s. This is also reflected in the price forecasts for the 2021/2022 season.

Oilseeds

Sep 30, 2021

Sesame seeds: new tender to be announced this week

NEW DELHI. The new sesame seed tender from South Korea is expected soon and Indian exporters hope for good chances in participating. There was little trading activity in individual regions due to heavy rains.

Oilseeds

Sep 30, 2021

Flaxseed: worst crop result in over two decades

OTTAWA/NUR-SULTAN. Losses in the Canadian flaxseed market are becoming increasingly drastic. According to recent reports, the average yield per hectare is the lowest it has been in more than 20 years.

Oilseeds

Sep 30, 2021

Sunflower seeds: fluctuating production estimates

SOFIA/KIEV. In Russia and Ukraine, the sunflower seed harvest continues to progress. In both countries, about one third of the crop has been harvested so far.

Oilseeds

Sep 29, 2021

Blue poppy seeds: delayed availability causes prices to rise

CHRUDIM/BUDAPEST. Due to severe rainfalls, there are delays in processing the blue poppy seed crop at the cleaning plants. Many farmers are also hesitant to sell their goods.

Oilseeds

Sep 27, 2021

Pumpkin seeds: speculators probe the market

BEIJING. The Chinese pumpkin seed market attracts speculators who hope to make a big catch. For foreign buyers, however, prices are already at a six-year high due to the freight rates.

Nuts

Sep 27, 2021

Peanuts: Argentina struggles with logistical hurdles

BUENOS AIRES/ATLANTA. The peanut market is currently experiencing a lot of ups and downs, as Herman Driesens, manager at the Commodity Exchange in Rotterdam, states in his latest report on cornhouse.nl. Although high-quality crops are expected from Argentina and Brazil as well as from the USA, not all prospects are this promising.

Oilseeds

Sep 24, 2021

Sesame seeds: producers concerned about poor quality

NEW DELHI. Unfavourable weather conditions are causing further price corrections in the Indian sesame seed market. Gujarat is particularly affected, but market players are worried about the whole crop. A trend reversal can be seen in sesame seed imports to Germany.

Oilseeds

Sep 23, 2021

Flaxseed: yield forecasts corrected downwards again

NUR-SULTAN. Only in the course of the harvesting process does the full extent of the damage caused by the drought become apparent. Crop estimates for the Kazakh flaxseed crop were once again corrected downwards.

Oilseeds

Sep 22, 2021

Sunflower seeds: still no price declines

SOFIA. In the Bulgarian sunflower seed market, prices have still not achieved the long-awaited turnaround. According to market players, this is caused by various factors.

Oilseeds

Sep 22, 2021

Pumpkin seeds: price cuts only short-lived

BEIJING. Farmgate prices for shine skins and GWS kernels have declined slightly, but will increase again as the new crop arrives on the market. It is difficult for buyers to know the perfect time for their purchases.

Oilseeds

Sep 16, 2021

Sesame seeds: crop losses expected in Gujarat

NEW DELHI. As South Korea purchased less sesame seeds than expected in the recent tender a new one is expected to be issued in the next few weeks. Persistent rain is reported to have nearly cut yields by half in Gujarat. Traders have high hopes.

Oilseeds

Sep 16, 2021

Flaxseed: secondary growth interferes with harvesting

OTTAWA/NUR-SULTAN. Farmers in Canada are confronted with several problems. While harvesting has progressed well in some parts of the country, there are delays in other parts. This is, for instance, the case in northwestern Manitoba.

Oilseeds

Sep 16, 2021

Blue poppy seeds: quality may become an issue

CHRUDIM. Poppy seed harvesting has been completed in the Czech Republic. Many are, however, not happy with the quality of the seeds. Arrivals are only expected to pick up in two to three weeks.

Oilseeds

Sep 15, 2021

Sunflower seeds: EU production estimates confirmed

SOFIA/BRUSSELS. EU sunflower seed production estimates are unusually close this year. The EU Commission recently estimated production at 10.67 million mt. Shipments from the US to the EU are up.

Oilseeds

Sep 15, 2021

Pumpkin seeds: exporters refrain from investments

BEIJING. High domestic demand is driving up prices for Shine Skin kernels in China. Altough GWS kernels are also trading higher , the rise is not quite as sharp. The prices on offer certainly need to become more attractive in October.

Oilseeds

Sep 9, 2021

Sesame seeds: rain drives market up and down

NEW DELHI. Sesame seed prices were up in India last week. The market is, however, presented with an entirely different situation this week. Trading has resumed in the local markets in India.

Oilseeds

Sep 9, 2021

Sunflower seeds: slow harvest keeps prices high

SOFIA. Harvesting is slower than usual in Bulgaria and has to be frequently interrupted. There is no chance of lower prices. More than 500,000 mt of sunflower seeds have, by contrast, already been harvested in Russia.

Oilseeds

Sep 8, 2021

Flaxseed: harvesting is 20% complete in Kazakhstan

NUR-SULTAN. Although production estimates have remained firm for flaxseed in Kazakhstan so far, harvesting is slow and the prices for the new crop are still on the rise. Limited supplies have prompted buyers to adjust their bids.

Oilseeds

Sep 6, 2021

Pumpkin seeds: speculators are lurking behind the corner

BEIJING. Chinese pumpkin kernels continue to trade high. Many exporters have been deterred, while preparations are underway in the domestic market as the holidays are expected to drive up demand. Speculators are, meanwhile, waiting for cheaper prices.

Oilseeds

Sep 2, 2021

Flaxseed: Canada expects massive yield losses

OTTAWA/NUR-SULTAN. The rise in flaxseed prices in recent months has encouraged Canadian farmers to sow far more acreage than in recent years. However, due to this summer's unfavourable weather conditions, yields are expected to be significantly lower.

Oilseeds

Sep 2, 2021

Sunflower seeds: rainfalls delay harvest

SOFIA. Bulgaria's farmers are holding back on selling the new sunflower seed crop. The harvest in Ukraine only started last week and should be available from mid-September.

Oilseeds

Sep 1, 2021

Mustard seeds: drastic decline in production in Canada

OTTAWA. Once again, StatCan has significantly reduced production estimates for the 2021/22 season, as yields are expected to be considerably lower than last season. Consequently, Canadian exports are also expected to decline sharply.

Oilseeds

Sep 1, 2021

Blue poppy seeds: rain hampers harvest progress in the Czech Republic

CHRUDIM/BUDAPEST. Due to unfavourable weather conditions, the poppy seed harvest cannot progress at the planned pace. Market players also fear that these circumstances will have a negative impact on quality.

Oilseeds

Aug 30, 2021

Pumpkin seeds: farmers demand higher prices for the new crop

BEIJING. In the Chinese pumpkin seed market, prices are currently boosting each other. Stocks are tight, and at the same time pumpkin seeds are being bought in the domestic market for the upcoming holidays.

Oilseeds

Aug 26, 2021

Blue poppy seeds: Germany triples imports from the Czech Republic

CHRUDIM. The poppy seed harvest in the Czech Republic continues to progress. In the coming weeks, the process should be completed as long as the weather conditions are favourable. At the same time, demand is increasing.

Oilseeds

Aug 25, 2021

Sunflower seeds: prices have not reached the expected level

SOFIA. The expected price drop at the start of the season has not taken place yet. There will probably be further price adjustments when larger quantities of the new crop are available. Meanwhile, Kazakhstan is planning an export quota for sunflower seeds and oil.

Oilseeds

Aug 25, 2021

Sesame seeds: South Korea buys less than expected

NEW DELHI/SEOUL. The result of the current tender from South Korea has been announced and the country has purchased significantly less sesame seeds than planned. Contrary to the fears of market players, however, exporters from India were able to gain a decisive share.

Oilseeds

Aug 24, 2021

Pumpkin seeds: prices for shine skins increase

BEIJING. Due to the low availability, shine skin prices have risen noticeably since last week. The new crop should be available in the coming days.

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