Market updates on oilseeds and vegetable oils with up-to-date price trends
Nuts
Oct 23, 2023

Peanuts: possible price hikes for peanut oil

NEW DELHI. The Indian peanut market has seen price declines to which growers are reacting in different ways. Large purchases from Indonesia have so far failed to materialise, but other countries are showing increased buying interest.
Oilseeds
Oct 19, 2023

Flaxseed: new crop with many shortcomings

ASTANA. Kazakhstan's flaxseed crop is not up to scratch in terms of quality and appearance. Arrivals are also considerably delayed and organic supplies cannot be shipped until November. Russia has gained considerable ground in the EU and China.
Oilseeds
Oct 18, 2023

Sunflower seeds: reduced global production estimates

SOFIA/KYV. The International Grains Council (IGC) has issued some corrections to global output. Global sunflower seed production will, in effect, be smaller than anticipated.
Oils
Oct 18, 2023

Olive oil: Turkey extends export ban

IZMIR. Turkey has extended the export ban for olive oil, which was initially set to expired on 31 October. Although the industry took a hit, the export of value-added products is highly attractive.
Oilseeds
Oct 18, 2023

Pumpkin seeds: speculators drive market

DALIAN. Contrary to expectations, the prices for pumpkin seeds have surged at the start of the new season in China. Low end-of-season stocks and busy speculators are driving the market.
Nuts
Oct 16, 2023

Peanuts: nothing but a fig leaf

NEW DELHI. Vietnam has rejected nearly 200 containers from India blaming quality. This is, however, only a fig leaf as other issues are at stake for peanuts. Expectation is that market prices will turn direction soon.
Grains
Oct 13, 2023

Grains and oilseeds: EU reduces imports

BRUSSELS. Grain markets reacted nervously to the Israel-Hamas war. Wheat quotations have, however, changed direction. The EU has sharply cut its corn imports and Australia is keen to fill the gap for rapeseed. Soybean exports have exceeded expectations in the USA and Brazil.
Oilseeds
Oct 12, 2023

Sunflower seeds: Coceral cuts EU crop forecast

SOFIA/CHISINAU. Experts at Coceral have adjusted crop estimates for the EU sunflower seed production. Meanwhile, Moldova has assured that transit would not be affected by the ban on sunflower seed imports from Ukraine.
Oilseeds
Oct 12, 2023

Sesame seeds: good crop prospects in Burkina Faso

NEW DELHI/ABUJA. Pakistan was able to win the sesame seed tender, but not all bids were accepted and the tender was again not fully met. Meanwhile, a good crop is expected in Burkina Faso, with growers due to start work at the end of October.
Oilseeds
Oct 11, 2023

Blue poppy seeds: further price increases

CHRUDIM. There is still no end to the price increases on the Czech blue poppy seed market - low stocks and a smaller crop will cause prices to rise until the end of the month. So far, this has not dampened demand.
Nuts
Oct 9, 2023

Peanuts: new crop puts pressure on prices

NEW DELHI/ATLANTA. The winter harvest in India has begun and with large arrivals flooding the markets in the coming weeks, traders expect prices to fall sharply. Meanwhile, the US could increase exports to the EU.
Oilseeds
Oct 5, 2023

Flaxseed: global production shrinks by 26%

ASTANA/OTTAWA. The Kazakh Grain Union estimates that global flaxseed production will decline by about 26% in 2023. Just recently, Agriculture and Agri-Food Canada had also significantly reduced its estimates for this season's Canadian flaxseed crop once again.
Oilseeds
Oct 5, 2023

Sesame seeds: new crops are gradually reaching the markets

NEW DELHI/ABUJA. The Indian sesame seed market is currently quiet, and market players expect it to remain like this until the end of the month. In Nigeria, the first quantities from the new crop are available, which is putting pressure on prices.
Oilseeds
Oct 5, 2023

Sunflower seeds: Bulgaria stops imports from Ukraine

SOFIA/KYIV. Bulgaria has temporarily stopped imports of sunflower seeds from Ukraine. No imports will take place until the end of November. Meanwhile, the EU Commission has again slightly reduced its crop forecast.
Nuts
Oct 2, 2023

Peanuts: moisture content too high

NEW DELHI. Persistent rains are ensuring that the Indian peanuts of the new crop are not yet convincing with their quality. Chinese purchases are raising question marks, while the Gujarat government is supporting farmers.
Oilseeds
Sep 28, 2023

Flaxseed: old crop is becoming scarce and expensive

OTTAWA/ASTANA. Market players expect that the Kazakh flaxseed crop will not be available in the market before November, which is unusually late.
Oilseeds
Sep 28, 2023

Sesame seeds: firm prices until the end of the year

NEW DELHI/ABUJA. Lower production estimates and good domestic demand are leading to firmer prices in the Indian sesame seed market. However, the availability of new crops from other origins partly negates this.
Oilseeds
Sep 27, 2023

Sunflower seeds: "It is stupid to ban imports that do not exist"

SOFIA/CHIȘINĂU. There is still no mutually satisfactory arrangement with the EU states concerned regarding agricultural imports from Ukraine, but efforts are being made to reach an agreement soon. Meanwhile, Moldovan growers are also demanding measures from the government.
Nuts
Sep 25, 2023

Peanuts: focus is on good quality

NEW DELHI. In India, but also in North and South American growing countries, market players are paying more attention to the good quality of their goods in order not to jeopardise exports to Europe. There were further price increases on the Indian market.
Oilseeds
Sep 21, 2023

Sesame seeds: crop damages in Gujarat

NEW DELHI/ABUJA. South Korea has issued a new tender for sesame seeds for the first week in October. Farmers reckon that rain will reduce production in India's state of Gujarat.
Oilseeds
Sep 21, 2023

Blue poppy seeds: smallest crop in years

CHRUDIM. Producers reckon that the poppy seed crop will fall well short of official estimates. The Czech Statistical Office still needs to issue new estimates. Prices have risen.
Oilseeds
Sep 20, 2023

Sunflower seeds: farmers take to the streets in Bulgaria

SOFIA/KYIV. Reactions are quite diverse over the European Union's decision not to extend the import ban for certain agricultural products from Ukraine to neighbouring member states beyond 15 September.
Oils
Sep 20, 2023

Olive oil: prices have doubled

IZMIR. Although Turkey's Ministry of Trade banned olive oil exports in the final quarter of 2022/2023, shipments range much higher than last year. Prices have, in addition, more than doubled.
Nuts
Sep 18, 2023

Peanuts: unexpected turn

NEW DELHI. Although the peanut harvest is underway in India, prices have taken a rather unexpected turn. News on the US crop is confusing and harvesting is well underway in China.
Oilseeds
Sep 14, 2023

Sesame seeds: South America too competitive for India

NEW DELHI. Cheap offers for sesame seeds in Brazil are giving exporters in India quite a headache. Expectation is that South Korea will issue a small tender in the next few days.
Oilseeds
Sep 14, 2023

Flaxseed: global deficit and harvest delays

ASTANA/OTTAWA. Rain is delaying the flaxseed crop in Kazakhstan and some fields still need to be harvested in Canada. Expectation is that global production will show a massive deficit.
Oilseeds
Sep 13, 2023

Sunflower seeds: conflict may escalate

SOFIA/KYIV. Any decisions over an extension of the EU import ban are still to be made and Ukraine is far from happy with the fact that some EU member states intend to introduce their own restrictions.
Oilseeds
Sep 13, 2023

Pumpkin seeds: inflated demand in run up to Golden Week

DALIAN. Domestic demand for pumpkin seeds has surged in China as the Golden Week will be celebrated at the start of October. Traders are forcing processors to pay high prices.
Nuts
Sep 11, 2023

Peanuts: still waiting for rain

NEW DELHI. India is still waiting for rain. Farmers have started harvesting peanuts in China and estimates are circulating in Brazil. Exports are really disappointing in Argentina and the US has witnessed some rain.
Grains
Sep 8, 2023

Grains and oilseeds: market turns in favour of Southern Hemisphere

BRUSSELS. Russia is flooding the markets with wheat. Brazil will take the lead from the USA in exporting corn in 2023/2024 and Argentina’s soybean production will finally bounce back this year. Tallage has slashed the EU production estimates for rapeseed.
Oilseeds
Sep 7, 2023

Sesame seeds: first quantities from Nigeria

ABUJA/NEW DELHI. Small volumes of Nigeria's new crop and traders' efforts to sell off their stocks are putting pressure on sesame seeds prices. At the same time, the sesame seed trade in Africa is overshadowed by ongoing political tensions.
Oilseeds
Sep 6, 2023

Sunflower seeds: expected production increase of 25%

SOFIA/KYIV. The Ukrainian Grain Association expects production to increase by 25% this year. In the EU, sunflower seed traders are waiting anxiously to see whether there will be an extension of import restrictions.
Oilseeds
Sep 5, 2023

Pumpkin seeds: holidays cause prices to rise

DALIAN. With two major holidays coming up in China, roasters and bakeries are stocking up on pumpkin seeds, pushing up prices. The shine-skin harvest is in full swing, while the GWS harvest does not start until next month.
Nuts
Sep 4, 2023

Peanuts: rainfall is crucial

NEW DELHI/ATLANTA. In India, rains over the next two weeks will prove crucial for the yield and quality of this year's crop. US exporters, meanwhile, report rising demand from Europe.
Oilseeds
Aug 31, 2023

Flaxseed: harvest delays and rising prices

ASTANA. Rainfall is causing problems for Kazakh flaxseed farmers. The new crop is not expected to reach the market before October and buyers have to be prepared for price adjustments.
Oilseeds
Aug 31, 2023

Sesame seeds: uncertainty shapes the market

NEW DELHI. Pressure from lack of demand and cheaper competitor origins are causing steady price adjustments in the Indian sesame seed market. Meanwhile, there is still uncertainty about yields for the coming crop.
Oilseeds
Aug 31, 2023

Sunflower seeds: decision still pending

SOFIA/KYIV. Market players are still waiting for a decision by the EU on whether the import ban on certain agricultural goods from Ukraine will be extended. Traders expect this to have a high impact on price developments. Meanwhile, the EU production estimate was adjusted once again.
Oilseeds
Aug 30, 2023

Blue poppy seeds: farmers disappointed with yields

CHRUDIM. While large quantities of blue poppy seeds are still in the fields, growers are very dissatisfied with the yields so far. Germany's imports, meanwhile, are down by almost a third year-on-year.
Oilseeds
Aug 29, 2023

Pumpkin seeds: bleak prospects for the organic market

DALIAN. While a good crop of conventional shine skins is expected this year, floods have led to crop losses in organic fields. Organic GWS kernels are also hardly available in the new season.
Nuts
Aug 28, 2023

Peanuts: El Niño curbs rainfall

NEW DELHI/ATLANTA. Despite the monsoon season, the weather phenomenon El Niño has ensured that rainfall in India has been unusually low in August. This could have a significant impact on yields. Farmers in the USA are also currently facing dry conditions.
Oilseeds
Aug 25, 2023

Soy: excessive heat and parasites give rise to concerns

BRASÍLIA/BRUSSELS. While the US heat dome is driving up US soybean futures, a parasite has gained quite a bit of attention in Brazil’s Mato Grosso state. EU soybean imports have finally started to pick up.
Oilseeds
Aug 24, 2023

Flaxseed: smaller acreage in Russia

OTTAWA/MOSCOW. In view of the declining cultivation forecasts in Canada, Kazakhstan and Russia, prices are currently moving upwards again. In Russia, sowing was 30-35% lower than last year.
Oilseeds
Aug 24, 2023

Sesame seeds: the rumour mill is bubbling

NEW DELHI. The prospect of a smaller crop in India and rumours about liquidity problems of the South Korean government are keeping the sesame seed market on its toes. For the time being, however, prices continue to move downwards.
Oilseeds
Aug 24, 2023

Mustard seeds: Canada's crop forecast reduced again

OTTAWA. The initially very good forecast for this year's mustard seed crop in Canada is now being revised bit by bit and the latest report from Agriculture and Agri-Food Canada reduces the crop estimate yet again.
Oilseeds
Aug 23, 2023

Sunflower seeds: too many question marks spook trade

SOFIA/ASTANA. Traders in Bulgaria prefer to wait before actively buying and selling sunflower seeds. Kazakhstan's National Oilseed Processors Association (NOPA) anticipates a sharp production decline due to dry weather conditions.
Oilseeds
Aug 22, 2023

Soy: opinions divided over revised estimates in Brazil

BRASÍLIA/BRUSSELS. Revised estimates state that Brazil produced a record soybean crop of 157 million mt in 2022/2023. Exports are also highly encouraging and farmers are keen to start planting the new crop. Yet, analysts have sounded a cautious note.
Nuts
Aug 21, 2023

Peanuts: traders are unsettled

NEW DELHI. Prices on the Indian peanut market have again fallen slightly. Traders are now uncertain about further developments and whether it is wise to stock up on goods at this point; opinions are divided here.
Oilseeds
Aug 17, 2023

Sesame seeds: spotlight on Pakistan

NEW DELHI. Harvesting is in full swing in Pakistan and the quality of the sesame seeds is highly promising. Pakistan is, in other words, a serious competitor for India, where prices are declining.