Latest News - Page 80

Surveys and Studies

Jul 1, 2020

Germany: Covid-19 pandemic hits food industry exports particularly hard

BERLIN The German economy has been hard hit by the virus since March and the impact on the food industry is severe. In a survey recently conducted by AFC Managament Consulting the Federation of German Food and Drink Industries (BVE) highlights the effects the pandemic has had on food industry exports.

Spices

Jul 1, 2020

Cumin: organic production triples

TEHRAN. Production prospects are highly encouraging in Iran this season with the harvest season still in full swing and the gearing up of cultivation of organic cumin. Market prospects are, however, anything but encouraging. Problem are current market developments, which are proving to be a great challenge.

Nuts

Jul 1, 2020

Desiccated coconuts: surprising turn in Europe

MANILA. Some producers in the Philippines have been forced to run extra shifts to tackle a backlog. Traders, meanwhile, report a surprising shift in Europe.

Oilseeds

Jun 30, 2020

Pumpkin seeds: prices remain high

BEIJING. Although prices have more or less crashed for Grade A pumpkin kernels over the last few weeks, they still range considerably higher than last year.

Spices

Jun 30, 2020

Saffron: Covid-19 jeopardises monopoly

TEHRAN. The saffron market in Iran is still suffering from the impact of the coronavirus crisis. Market players reckon that the situation is so bad that Iran’s position as the world’s leading producer is at stake, along with its monopoly in the export market.

Dried Fruit

Jun 30, 2020

Dried figs: production set to decline by 16%

AYDIN. Recently issued INC estimates state that dried fig supplies will decline in 2020/2021. And yet, it is still far too early for final production estimates in Turkey.

Dried Fruit

Jun 30, 2020

Sultanas: similar prices for the new crop

MANISA. Although the TMO has set higher bid prices for June, the farmgate prices for type 9 sultanas still...

Dried Fruit

Jun 30, 2020

Dried apricots: production estimates called into question

MALATYA. Harvesting is picking up speed in Malatya in Turkey. Labourers are permitted to travel from other provinces, providing they have tested negative of Covid-19.

Oilseeds

Jun 29, 2020

Flaxseed: China steps up shipments from Kazakhstan

NUR-SULTAN/OTTAWA. China is increasingly turning to Kazakhstan for flaxseed. More than 50 companies have been approved to ship flaxseed to China.

Nuts

Jun 29, 2020

Pistachios: suppliers race against time

TEHRAN. Iran’s pistachio exports have witnessed a sharp recovery in May. The export performance is, nevertheless, lagging far behind this this season so far. Market players are growing increasingly concerned as suppliers race against time.

Nuts

Jun 29, 2020

Almonds: turnaround takes market by surprise

MADRID/SACRAMENTO. The almond market has taken a surprising turn over the last few days. For weeks...

Nuts

Jun 29, 2020

Hazelnuts: suppliers issue prices for new crop in Georgia

ORDU. Attention is now exclusively centred on the new hazelnut crop. As official prices have not yet been issued, the prices on offer differ considerably.

Oils

Jun 29, 2020

Oilseeds daily: phase one deal dismissed as farce

CHICAGO/HAMBURG. John Bolton's scathing memoir on President Donald Trump vividly illustrates how egocentric Trump's approach to China is. Politcal experts uniformly agree that the phase one deal with China is a farce designed to boost voting for Trump in his electoral campaign. Market players are, meanwhile, puzzled by the persistently high prices for sunflower oil.

AUDITOR Issues

Jun 26, 2020

Der AUDITOR Issue 25/2020

Enclosed you will find the link for the current issue of the raw material information service "Der AUDITOR".

Oilseeds

Jun 26, 2020

Blue poppy seeds: concerns dissipate

CHRUDIM. Any concerns that the weather may adversely impact production in the Czech Republic have not been confirmed. Blue poppy seed traders have even issued the first prices for the new season.

Oils

Jun 25, 2020

Soybeans: traders deride China's request for virus-free cargoes

HAMBURG/CHICAGO. Following closer inspections on frozen meat and fruit imports, customs officials in China are now demanding soybean exporters in the US, Brazil and Canada to provide documents guaranteeing that cargoes are free of Covid-19 contamination. The move has mainly sparked confusion in the market.

Oilseeds

Jun 25, 2020

Flaxseed: drought in parts of Kazakhstan

OTTAWA/NUR-SULTAN. While Agriculture and Agri-Food Canada has recently issued the June report for 2020/2021, prices have taken a surprising turn in Kazakhstan and in Russia. The recently issued..

Oilseeds

Jun 24, 2020

Sunflower seeds: uncertainty governs market

SOFIA. Although daytime temperatures range as high as 30C and regular rains currently provide ideal conditions for the sunflowers in Bulgaria, market players are concerned that there is too much rain. Problem is that...

Nuts

Jun 24, 2020

Pistachios: global production to exceed 1 million metric tonnes

SACRAMENTO/TEHRAN. This year is an "on year" for US pistachios in the biennial cycle. Production is, however, not only set to be larger than last year but...

Interviews

Jun 24, 2020

"Covid-19 is a wake-up call"

BERLIN. In a local call with the German Agriultural Society's department for Eastern Europe Frank Nordmann explains how the pandemic highlights flaws in the food system. Nordmann is a General Manager for Key Accounts and Sustainable Development at the GRIMME factory for agricltural machinery and Co-Chairman of the German Agribusiness Alliance.

Oilseeds

Jun 23, 2020

Pumpkin seeds: exporters desperate to part with stocks

BEJING. The coronavirus crisis has changed consumer behaviour in many countries. This trend also has an impact on the pumpkin seed market.

Dried Fruit

Jun 23, 2020

Dried figs: price gap of USD 1,000 per metric tonne

AYDIN. Fig harvesting will start in two months' time in Turkey. Yields still are a matter of uncertainty.

Dried Fruit

Jun 23, 2020

Sultanas: prices issued for new organic crop

MANISA. The weather leaves a lot to be desired in the growing regions. Heavy rains, hailstorms and cold temperatures...

Dried Fruit

Jun 23, 2020

Dried apricots: slow start to harvest

MALATYA. The first farmers have started harvesting apricots in Turkey with only small volumes arriving in the fresh fruit market. In addition, the weather is a matter of concern.

Dried Fruit

Jun 22, 2020

Raisins: buyers profit from attractive prices

TEHRAN. Quchan city in the Khorasan Razavi Province is a production hub for seedless raisins, which attract buyers from all over the world, especially from Europe. As much as 25% of production are, in fact, exported to Europe.

Dried Fruit

Jun 22, 2020

Dates: production to range at 1.24 million metric tonnes

TEHRAN. Harvesting will start in less than two months in Iran. Some farmers are, however, still sitting last year's stocks. Problem is that the demand for dates has...

Dried Fruit

Jun 22, 2020

Dried figs: exporters in Iran desperately try to compete

ESTAHBAN. The pollination of the fig trees is underway in Iran and the outlook is highly encouraging in terms if production. Market players are, however, concerned over Iran’s export performance.

Nuts

Jun 22, 2020

Almonds: organic market follows trend

MADRID. Traders have readjusted the prices in Spain. The prices on offer for organic almonds also reflect the current trend in the market.

Nuts

Jun 22, 2020

Hazelnuts: exporters undercut each other

ORDU. Buyers are speculating on lower prices for hazelnuts in the new season. Some suppliers have already complied with this wish.

Interviews

Jun 22, 2020

Pesticides are far less controversial in Eastern Europe

SEEHEIM/FRANKFURT. Food embargoes, Vladimir Putin and different standards, trading with Russia and Eastern Europe is anything but easy for the EU. In an interview with The AUDITOR Dr Olga Hunger, Area Director for Eastern Europe at the German Agricultural Society (DLG e.V), talks about the difficult relationship between the EU, Russia and Eastern Europe, pesticides and the role of online trading platforms.

AUDITOR Issues

Jun 19, 2020

Der AUDITOR Issue 24/2020

Enclosed you will find the link for the current issue of the raw material information service "Der AUDITOR".

Spices

Jun 18, 2020

Spice market update: price collapse on the cardamom market

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.

Grains

Jun 18, 2020

Wheat: markets tend to be firmer again

FRANKFURT. The wheat markets showed a slight upward trend at midday. Good harvest progress in the USA, but record levels of new coronavirus infections are weighing on the market. Crop expectations remain higher on the Black Sea, and Ukraine's export prospects are better than feared.

Oilseeds

Jun 18, 2020

Sunflower seeds: EU imports more than double

SOFIA/MOSCOW. Russia's intention of raising the export tariffs for sunflower seeds is met with resistance in the Eurasian Economic Union. Higher tariffs will also have serious implications for the EU as Russia has supplied nearly 46% of all shipments to the EU this season so far.

Grains

Jun 18, 2020

Cereals daily: price decline continues

FRANKFURT/PARIS. The wheat harvest in the USA is progressing well and yields in the southern part of Kansas are better than expected. The harvest situation in the Black Sea region has also improved. The prices for the new crop are being discussed. The closure of the German slaughterhouse in Rheda-Wiedenbrück shows once again that the coronavirus crisis is far from being over in Germany as well.

Oilseeds

Jun 17, 2020

Oilseeds update: more attractive prices prevail

FRANKFURT. Monitoring of the oilseed sector with day-to-day price comparisons.

Nuts

Jun 17, 2020

Pine nuts: the market is reviving

BEIJING. The Chinese pine nut trade is slowly recovering.

Oilseeds

Jun 17, 2020

Blue poppy seeds: speculative price indications for the new crop

CHRUDIM/ANKARA. Spot prices on the Czech blue poppy seed market are losing support and the first traders are venturing into speculative offers for the new crop.

Grains

Jun 17, 2020

Corn: record high coronavirus infections in the USA

PARIS. The corn markets weakened noticeably in the USA. Corn prices in Western Europe remained surprisingly stable, with prices continuing to plummet, not so much because of the crop rating for US corn as because of record levels of new coronavirus infection in six US states. US brokers warn that the Covid-19 pandemic is far from being over. Unfortunately, there have now been new infections among employees of the slaughterhouse Tönnies in Germany.

Oils

Jun 17, 2020

Oilseeds daily: controversies in Russia

HAMBURG/CHICAGO. While soybean futures have recently lost ground in Chicago and rapeseed futures in Paris, leaked documents reveal that Russia intends to triple export tariffs on sunflower seeds. Meanwhile, Trump's USD 1 trillion infrastrutuce plan weighs on the euro.

Grains

Jun 17, 2020

Cereals daily: markets start weaker in the morning

FRANKFURT/PARIS. Good weather conditions and less exports are causing prices for wheat and corn to fall slightly.

Oilseeds

Jun 16, 2020

Flaxseed: harvest starts well ahead of schedule

NUR-SULTAN. Market players remain confident for the new flaxseed season. Reference prices for the new crop are now available in Kazakhstan and in Russia.

Oils

Jun 16, 2020

Rapeseed: rapeseed oil follows last year's traces

HAMBURG. The markets for canola and rapeseed developed slightly stronger. Support came from crude oil, as the Trump government plans to pump a massive infrastructure package of almost one billion US dollars into the US market by October, which also pulled crude oil up. It is interesting to compare rapeseed oil prices with last year.

Oilseeds

Jun 16, 2020

Sesame seeds: what is the extent of the damage?

NEW DELHI. Contradictory statements are circulating in the sesame seed market regarding the new crop. Among other things, it is reported that unexpectedly heavy rainfall has damaged some of the plants.

Dried Fruit

Jun 16, 2020

Sultanas: weather concerns and price corrections

MANISA. The TMO wants to part with further stocks and has announced sultana prices valid until the end of June. These prices range...

Dried Fruit

Jun 16, 2020

Dried apricots: estimates for the new crop

MALATYA. Malatya Province and the agriculture direcotrate published the first estimates for the apricot crop in 2020. Meanwhile, exports are going well and prices are rising due to lack of availability.

Dried Fruit

Jun 16, 2020

Dried figs: weather hampers fertilization

AYDIN. Rain has hampered the fertilization of the fig trees. The dired fig producers will therefore launch...

Spices

Jun 16, 2020

Saffron: market plunges into recession

TEHRAN. Restrictions on air travel, market closures and sluggish demand – the coronavirus has plunged the saffron market in Iran into a deep recession. The market mainly depends on exports, which have, however, hit shockingly low figures.

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