Market News on Oilseeds

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.

Oilseeds

Aug 23, 2021

Flaxseed: experts reduce crop estimates again

NUR-SULTAN. Cultivation estimates for the 2021 Kazakh flaxseed crop diverge significantly. Meanwhile, heat and drought are causing noticeably reduced crop expectations. This is also reflected in prices.

Oilseeds

Aug 20, 2021

Sesame seeds: rising prices reduce chances of tender participation

NEW DELHI. The result of the current sesame seed tender will be announced next week. Due to recent price hikes in the Indian market, traders fear that their chances of winning the tender are slim.

Oilseeds

Aug 19, 2021

Sunflower seeds: doubts about optimistic EU forecasts

SOFIA. In its latest report, the European Commission has once again raised its estimates for the EU sunflower seed crop in 2021. However, uncertainty is spreading among market players in Bulgaria.

Oilseeds

Aug 19, 2021

Flaxseed: low initial yields in Kazakhstan

OTTAWA/NUR-SULTAN. In Canada, the flaxseed harvest has just started, so reliable data regarding yields is not yet available. The harvest process also started in Kazakhstan.

Oilseeds

Aug 17, 2021

Pumpkin seeds: first price indications for the new crop

BEIJING. Harvest is about to start in most Chinese growing regions, although rising coronavirus infections could lead to delays. Some market players are already offering first price indications for the new crop.

Oilseeds

Aug 17, 2021

Blue poppy seeds: late start of harvest causes traders to hesitate

CHRUDIM. Czech poppy seed exports for the 2020/2021 season are significantly above last year's level. However, due to harvest delays, August has been much quieter than usual so far. It will take at least one to two weeks before larger quantities of the new crop are available on the market.

Oilseeds

Aug 13, 2021

Sesame seeds: South Korea issues new tender

NEW DELHI/SEOUL. The 12,000 mt tender announced by South Korea was issued yesterday (12.08.). In India, meanwhile, there were significant price increases.

Oilseeds

Aug 12, 2021

Flaxseed: concerns over slump in global production

NUR-SULTAN/OTTAWA. As Kazkhstan, Russia and Canada are confronted with heatwaves flaxseed production is expected to sharply decline in all three countries. Traders have already reacted swiftly.

Oilseeds

Aug 11, 2021

Blue poppy seeds: new production estimates issued

CHRUDIM/BUDAPEST. The Czech Statistical Office has issued new production estimates for poppy seeds. Prospects are highly encouraging here. Production is also being assessed in Hungary.

Oilseeds

Aug 11, 2021

Sunflower seeds: lack of rain is not the only problem

SOFIA. The persistent dry weather in Bulgaria will have an impact on the new crop, depending on where exactly the sunflower seeds are grown. While it has rained in some parts of the country, other parts are confronted with drought-like conditions. Temperatures presently range at 30C (86F) and little rain is forecast in the next two weeks. Transportation is also an issue.

Oilseeds

Aug 9, 2021

Pumpkin seeds: more GWS kernels next season

BEIJING. While less Shine Skins were havested in China last year than GWS kernels, the tables are set to turn this year. Prices for GWS kernels were up and supplies limited in 2020/2021. Now the prices are about to change.

Oilseeds

Aug 5, 2021

Sesame seeds: price hike continues

NEW DELHI. Trading has revived in the sesame seed marekt as a new tender is expected anytime soon. Covid-19 restrictions have also been eased in India. This certainly has an impact on prices.

Oilseeds

Aug 5, 2021

Flaxseed: heat reduces yields

NUR-SULTAN/OTTAWA. Flaxseed farmers are confronted with persistenly high temperatures exceeding 40C (104F) in Eastern Europe and in Canada. As the heat causes the pods to hold less seeds, yields will range much lower than anticipated. Pests are also an issue.

Oilseeds

Aug 4, 2021

Sunflower seeds: conflicting reports over new crop

SOFIA/CHISINAU. Reports over the state of the sunflower seed crop are conflicting. While some suppliers reckon that the crop is developing well, others state that the crop is “on fire” in Bulgaria, Romania and in Russia. Heat is also an issue in Moldova. Fact is that the weather is extremely hot, and that rain is urgently required.

Oilseeds

Aug 4, 2021

Blue poppy seeds: disagreement over prices

CHRUDIM. Attention is now on the new poppy seed crop in the Czech Republic. Opinions, however, differ as to what way prices will turn at the start of the new season. Issue is that the market is witnessing the latest start to the harvest in ten years.

Oilseeds

Aug 2, 2021

Pumpkin seeds: encouraging prospects for new crop

BEIJING. Harvesting will start in August and there is no need for concern in China. That is if the current weather conditions prevail. Buyers, however, prefer to wait for the new pumpkin seed crop.

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