Market updates on oilseeds and vegetable oils with up-to-date price trends
Oilseeds
Feb 29, 2024

Sesame seeds: decline in cultivation expected

NEW DELHI. The forecasts for the summer crop in Gujarat were revised this week. Meanwhile, a lack of demand from the domestic and overseas markets is putting pressure on prices in the Indian sesame seed market.
Oilseeds
Feb 28, 2024

Mustard seeds: EU imports from Ukraine 29% up

OTTAWA/BRUSSELS. Agriculture and Agri-Food Canada has revised the estimates for the 2024/2025 mustard seed season. Competition is fierce and demand sluggish for suppliers in Canada. Ukraine may have upped its shipments to the EU by 29% but Russia still is the top supplier.
Oilseeds
Feb 28, 2024

Pumpkin seeds: fewer shine skins than expected

DALIAN. As large quantities of snow whites were wrongly labelled as shine skins, the remaining shine skin stocks on the Chinese pumpkin seed market are lower than initially expected. Prices rose after the New Year celebrations.
Nuts
Feb 26, 2024

Peanuts: optimistic outlook in the USA

NEW DELHI/ATLANTA. In India, prices continue to fall and demand for peanut oil and seeds is extremely low. In the USA, the outlook is much better, while there have been harvest delays in Nicaragua.
Grains
Feb 23, 2024

Grains and oilseeds: frost risk in China

BRUSSELS. Exporters in Ukraine fear that the Red Sea crisis will render wheat shipments to Indonesia more expensive. Opinions are divided over Argentina’s corn crop. China can afford to wait for soy, but frost may considerably damage the country’s rapeseed crop.
Oilseeds
Feb 22, 2024

Sunflower seeds: measures must be taken

SOFIA/KYIV. The farmers' protests in Poland continue to hinder the flow of Ukrainian agricultural goods. All parties involved are in favour of a solution that protects Polish growers but also maintains trade.
Oilseeds
Feb 22, 2024

Sesame seeds: Indian exporters have no chance

NEW DELHI. The current tender from South Korea has been finalised. Indian exporters had to come to terms with the fact that, despite high expectations, they had no chance against the competition.
Oilseeds
Feb 21, 2024

Blue poppy seeds: crop data will be updated

CHRUDIM. The final crop data is to be announced next week, market players expect corrections compared to previous estimates.
Oilseeds
Feb 21, 2024

Flaxseed: production has more than halved

ASTANA. The previous production estimates for Kazakh flaxseed production in 2023 by the Kazakh Grain Union were already disappointing, and the official data now published undercuts this result even further.
Oilseeds
Feb 21, 2024

Pumpkin seeds: trade is slowly picking up again

DALIAN. After the Chinese New Year celebrations, trading on the pumpkin seed market is only slowly picking up again. Speculators are likely to soon resort to their usual tricks to drive up prices.
Nuts
Feb 19, 2024

Peanuts: Indian traders are not optimistic

NEW DELHI/BEIJING. Prices in India continue to decline and market experts do not expect this to change in the near future. The situation is also tense in China, while all eyes in Brazil are on the new crop.
Grains
Feb 16, 2024

Grains and oilseeds: frustration over low yields

BRUSSELS. Russia has dragged down US and EU wheat quotations. Limited optimism prevails for corn in Argentina. Soybean yields are frustratingly low in Brazil and rapeseed is only marginally affected by the blockages at the Polish-Ukrainian border.
Oilseeds
Feb 15, 2024

Sesame seeds: new tender over 12,000 mt

NEW DELHI. Indian exporters are confident about their participation in the current sesame seed tender from South Korea; there seems to be hardly any competition.
Oilseeds
Feb 14, 2024

Sunflower seeds: decline in cultivation in Ukraine

KYIV/SOFIA: The licensing procedure introduced by the EU for trade with Ukraine is facing new challenges. Not all EU countries concerned are prepared to comply with the requirements. Meanwhile, experts believe that sunflower seed sowing in Ukraine could decline this year.
Nuts
Feb 12, 2024

Peanuts: market gears up for challenges

NEW DELHI. India is gearing up for a sharp rise in arrivals. Aflatoxin is still an issue for US peanuts. Peanut oil suppliers are hoping that demand will pick up in China. Rain has worked wonders in Brazil but will prove a challenge for harvesting.
Grains
Feb 9, 2024

Grains and oilseeds: Ukraine stages incredible export recovery

BRUSSELS. Ukraine’s exports have recovered to an incredible degree for wheat and corn. China’s soybean stocks have slumped by 19% and Tallage expects EU rapeseed production to decline in 2024/2025.
Oilseeds
Feb 8, 2024

Sesame seeds: drought jeopardises summer crop

NEW DELHI/N'DJAMENA. Sesame seed farmers in Gujarat will soon start seeding the summer crop, but the drought in the main growing regions could become a problem. The next sesame seed tender is expected in a few days.
Oilseeds
Feb 7, 2024

Sunflower seeds: Polish farmers to start blocking borders

SOFIA/KYIV. Ukraine's goverment has simplified licencing procedures for exporting sunflower seeds to Bulgaria. Farmers in Poland intend to block border checkpoints with Ukraine.
Oilseeds
Feb 7, 2024

Blue poppy seeds: prices to exceed EUR 3.00/kg

CHRUDIM. The Czech blue poppy seed market has experienced massive price increases. The first official cultivation forecasts for the coming season are to be published in a few weeks.
Nuts
Feb 5, 2024

Peanuts: various factors dampen trade

NEW DELHI/BUENOS AIRES. The peanut trade is currently rather quiet in India, but also in other important producing countries such as Argentina and China, for various reasons. These include the crisis in the Red Sea, exchange rates and the upcoming Chinese New Year.
Grains
Feb 2, 2024

Grains and oilseeds: Russia to profit from illegal seizures

BRUSSELS. Russia’s wheat industry is set to profit from illegal land seizures in Ukraine. Improved weather conditions have turned the table for corn. Sluggish demand in China has highly embarrassing consequences for US soybeans. Canada’s canola production may fall short of expectations.
Oilseeds
Feb 1, 2024

Sesame seeds: India's December exports up by 22%

NEW DELHI/ISLAMABAD. India's sesame seed exports once again increased significantly at the end of the calendar year. Pakistan can also report successful exports.
Oilseeds
Feb 1, 2024

Flaxseed: Canadian production to shrink by 8%

OTTAWA/ASTANA. Kazakhstan and Canada are currently experiencing low demand. Nevertheless, Canadian exporters are hoping for more enquiries from Europe in the future. Meanwhile, experts are predicting further declines in production for the coming season.
Oilseeds
Feb 1, 2024

Mustard seeds: farmers to sow less in Canada

OTTAWA. While mustard seeds came under pressure in Canada last week, the situation is now easing slowly. Agriculture and Agri-Food Canada expects the area sown to drop in 2024/2025.
Oilseeds
Jan 31, 2024

Sunflower seeds: Coceral expects EU-wide decline in production

SOFIA/DALIAN. The experts at Coceral have made initial forecasts for EU sunflower seed production in 2024, while the European Commission has made further corrections to the data for the current financial year. Meanwhile, domestic demand in China is causing prices to rise further.
Oilseeds
Jan 31, 2024

Pumpkin seeds: history repeats itself

DALIAN. Demand for shine skins has increased in the run-up to Chinese New Year and, as every year, speculators are taking advantage of the situation. They have a large proportion of the goods and are currently holding them back in order to drive up prices.
Nuts
Jan 29, 2024

Peanuts: suppliers miss the right time

NEW DELHI/BRASÍLIA. In the hope of further price increases, Indian stockists had not released their goods for sale at the right time - now prices are low, demand is weak and suppliers are sitting on their goods. In the USA, Brazil and Sudan, crop failures are expected.
Grains
Jan 26, 2024

Grains and oilseeds: analysts caught out by weather

BRUSSELS. While wheat is trading firm, a high degree of uncertainty prevails over the corn crop in Argentina and Brazil. Analyst estimates are being called into question for soybeans and global rapeseed sowing is down.
Oilseeds
Jan 25, 2024

Sesame seeds: delayed sowing due to drought

NEW DELHI. Indian exporters achieved great success in the last sesame seed tender. However, the prospects for the summer crop are clouded as there are expected delays in the main growing areas due to drought.
Oilseeds
Jan 25, 2024

Flaxseed: global production down by 30%

ASTANA/OTTAWA. With global flaxseed production down by more than 30%, rising prices seem inevitable in the coming weeks. Kazakhstan's exports have fallen significantly year-on-year.
Oilseeds
Jan 24, 2024

Sunflower seeds: country-specific safeguards are being discussed

KYIV/SOFIA. A proposal on how to protect EU countries neighbouring Ukraine from market-influencing imports is to be presented this week. Meanwhile, the Chinese sunflower seed market is booming, which is also having an impact on prices.
Oils
Jan 24, 2024

Olive oil: massive price increases expected

IZMIR. Prices for Turkish olives and olive oil have already tripled year-on-year, and market experts forecast further significant increases. The main reason for this is the decline in production in the growing countries.
Oilseeds
Jan 23, 2024

Blue poppy seeds: no further reductions in sowing

CHRUDIM. Adverse weather conditions may have damaged the Zeno poppy seeds sown in autumn. Silver lining is that no further reductions are anticipated for the 2024/2025 sowing campaign.
Oilseeds
Jan 23, 2024

Pumpkin seeds: price increases expected soon

DALIAN. At the moment, low demand from overseas is keeping export prices at a moderate level, but Chinese traders expect that there will be increases after the Chinese New Year, when the sowing season for the new crop approaches.
Nuts
Jan 22, 2024

Peanuts: high palm oil prices stimulate the peanut market

NEW DELHI. As the cost of palm oil is high, especially in Malaysia and Indonesia, Indian peanuts are increasingly coming into the focus of buyers. Ramadan demand has started, but is being dampened by high freight costs.
Grains
Jan 19, 2024

Grains and oilseeds: estimates spark confusion

BRUSSELS. Wheat buyers have turned active and the production estimates issued for corn and soybeans have sparked confusion in Brazil. Exporting to the EU has become too expensive for rapeseed suppliers in Ukraine.
Oilseeds
Jan 18, 2024

Sesame seeds: early harvest in Chad

NEW DELHI/N'DJAMENA. The sesame seed tender will be evaluated at the beginning of next week and Indian exporters are expecting good chances. Meanwhile, the harvest in Chad started a little earlier this year and has therefore already been completed.
Nuts
Jan 15, 2024

Peanuts: attacks in the Red Sea slow down exports

NEW DELHI/BUENOS AIRES. The attacks by Houthi rebels on cargo ships in the Red Sea are currently making shipments considerably more difficult and expensive; this is having a noticeable effect on exports from various countries. A new export tariff on peanuts has been announced in Argentina.
Grains
Jan 12, 2024

Grains and oilseeds: customers snub France

BRUSSELS. As long-standing customers are switching to Russia times have turned difficult for wheat suppliers in France. Brazil’s corn output will range lower than expected and early soybean yields are far from promising. The pressure is on for rapeseed.
Oilseeds
Jan 11, 2024

Sesame seeds: demand is behind schedule

NEW DELHI. Domestic demand for sesame seeds in India is usually high in the winter months, but as the cold temperatures have set in late this season, it has been unusually low so far. Indian exports are also declining slightly.
Oilseeds
Jan 10, 2024

Pumpkin seeds: traders must replenish stocks

DALIAN. The warehouses of Chinese pumpkin seed traders are almost empty and to fulfil their orders, they have to buy expensive raw materials from speculators. Meanwhile, the critical situation in the Red Sea is causing delays in shipments and high freight costs.
Nuts
Jan 8, 2024

Peanuts: not a good start to the new year

NEW DELHI. Various difficulties such as low demand, the attacks on cargo ships in the Red Sea and the war between Israel and Palestine are making life difficult for market players in the peanut market. The outlook for the near future is not exactly rosy either.
Oilseeds
Jan 8, 2024

Blue poppy seeds: “We can hope for an increase in demand”

SEEHEIM/CHRUDIM. 2023 was a year full of hurdles, but also new opportunities. Kristián Vronka from the Czech blue poppy seed trading company Cropful explains how market players faced challenges such as the wars in Ukraine and Israel, global inflation and climate change and what they expect from the 2024/2025 season. Read the full interview here.
Oilseeds
Jan 5, 2024

Sesame seeds and Spices: „Every nation is interdependent on the other”

SEEHEIM/GUJARAT. 2023 was a year full of hurdles, but also new opportunities. Our business partner from the Indian sesame seed and spice market explains how market players faced challenges such as the wars in Ukraine and Israel, global inflation and climate change and what they expect from the 2024/2025 season. Read the full interview here.
Oilseeds
Jan 5, 2024

Sesame seeds: harvest almost complete in Chad

NEW DELHI/TOKYO. In India, the sesame seed market is currently rather sluggish, while Japanese imports are impressive. In Chad, meanwhile, the harvest is drawing to a close.
Oilseeds
Jan 3, 2024

Hazelnuts: “Concerns over climate change are higher than ever”

SEEHEIM/ORDU. 2023 was a year full of hurdles, but also new opportunities. Our business partner from the Turkish hazelnut market explains how market players faced challenges such as the wars in Ukraine and Israel, global inflation and climate change and what they expect from the 2024/2025 season. Read the full interview here.
Oilseeds
Jan 1, 2024

Pistachios and Saffron: “Domestic consumption has decreased by more than 50%”

SEEHEIM/TEHRAN. 2023 was a year full of hurdles, but also new opportunities. Our business partner from the Iranian pistachio and saffron market explains how market players faced challenges such as the wars in Ukraine and Israel, global inflation and climate change and what they expect from the 2024/2025 season. Read the full interview here.
Oilseeds
Dec 29, 2023

Dried fruit: “Cheaper alternatives will not be easy to find”

SEEHEIM/IZMIR. 2023 was a year full of hurdles, but also new opportunities. Our business partner from the Turkish dried fruit market explains how market players faced challenges such as the wars in Ukraine and Israel, global inflation and climate change and what they expect from the 2024/2025 season. Read the full interview here.