The Leading News Portal for the Food and Feed Commodity Market
Topical, Independent and Direct from the Market
Oilseeds
May 28, 2020

Oilseeds update: traders promote agressive sales

FRANKFURT. Monitoring of the oilseed sector with day-to-day price comparisons.
Spices
May 28, 2020

Spice market update: cardamom auctions started again

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.
Oilseeds
May 28, 2020

Flaxseed: drastic correction of production estimates

NUR-SULTAN/OTTAWA. The prices for Eastern European flaxseed follow the trend of the last weeks. Meanwhile, Agriculture and Agri-Food Canada made significant adjustments to their forecasts for the coming season.
Grains
May 28, 2020

Wheat: retail sales still at risk

FRANKFURT. The wheat markets tends to be weaker due to rain, after at least some minor precipitation fell in parts of Western Europe, which should brighten the crop outlook a little. Heavy precipitation is predicted for the Black Sea region, but there have already been rainfalls in the critical "dry zones" in the eastern parts of the Ukraine and southern Russia. The HDE warned that declining retail sales, which could reach 10 to 15% of total retail sales over the year, continue to cause concern.
Oilseeds
May 28, 2020

Sunflower seeds: shift in demand prompts different perceptions on buying

SOFIA. Hailstorms have caused some concerns in Bulgaria. Demand has shifted as industrial bakeries are running shifts to keep up with demand.
Grains
May 27, 2020

Corn: India is hit by plague of locusts

PARIS. Corn trended sideways on the Chicago futures exchanges and slightly down in Paris. In the USA, the trade agreement with China is apparently losing importance. The US government is allegedly supporting the withdrawal of US companies in Hong Kong and China back to the USA. In India, farmers are struggling with the consequences of Cyclone Amphan and an incipient plague of locusts. In the south of France and Germany, in Poland, Romania and on the Black Sea, corn cultivation benefited from rainfall, which suggests good crops in Western and Eastern Europe for the time being.
Oilseeds
May 27, 2020

Blue poppy seeds: all eyes are on the weather

CHRUDIM. Czech poppy sowing continues to benefit from the favourable weather conditions. Farmers and traders are nevertheless cautious with speculative prices for the 2020 crop.
Dried Fruit
May 27, 2020

Raisins: unsustainably low prices

TEHRAN. The coronavirus crisis has not only stalled exports but has also given rise to a bizarre market situation with incredibly low prices for raisins in Iran. Quality is another problem. Traders in the country are convinced that drastic changes are needed.
Oilseeds
May 26, 2020

Pumpkin seeds: sowing prompts price corrections

PEKING. Reports state that the sowing for Shine Skins has been completed in Xinjiang and in Inner Mongolia. Acreage has...
Oilseeds
May 26, 2020

Oilseeds update: rise in sowing promotes price collapse

FRANKFURT. Monitoring of the oilseed sector with day-to-day price comparisons.
Dried Fruit
May 26, 2020

Dried figs: price adjustments for the export market

AYDIN. Despite the weak trading week due to the public holidays, the Turkish dried fig market experienced noticeable price corrections. Compared to last week...
Nuts
May 26, 2020

Pine nuts: sluggish customs clearance makes raw nut imports more difficult

PEKING. Chinese pine nut traders still have problems in obtaining raw nuts from Russia. At the Russian-Chinese border...
Nuts
May 26, 2020

Desiccated coconuts: Philippines struggle with double burden

MANILA. In addition to the difficulties caused by the coronavirus pandemic, producers in the Philippines are currently having to cope with the effects of typhoon "Ambo". This double burden raises some problems.
Dried Fruit
May 26, 2020

Dried apricots: new crop comes into focus

MALATYA. The drop in temperature in large parts of Turkey from over 40°C to around 20 °C was accompanied by snowfall at higher altitudes. It also snowed in Malatya, the main growing region for apricots.
Dried Fruit
May 26, 2020

Sultanas: sudden change in weather prompts concerns

MANISA. While heat records were broken in Turkey last week, the country is now confronted with snow in higher altitudes in the Black Sea Region and in the east. Producers are becoming increasingly concerned.
Nuts
May 25, 2020

Almonds: revised production estimates for last year

MADRID. While new almond production estimates have been issued in Spain for this year, the production estimates for last year have come under scrutiny.
Oils
May 25, 2020

Soybeans: Brazil expands Northern Arc

CHICAGO. The US soybean market was under the influence of political tensions between the USA and China, with the autonomy of Hong Kong at stake, which drove the dollar and crude oil exchange rate. In the US, stock exchanges will remain closed today due to the Memorial Day holiday. The Itaipu Dam was opened to raise the low water level of the Parana River. In Brazil, the expansion of the so-called Northern Arc is underway.
Nuts
May 25, 2020

Hazelnuts: snow in the growing regions

ORDU. The low temperatures in the growing regions, accompanied by snowfalls, gave rise to two opinions in the Turkish hazelnut market: was the crop damaged or not?
Dried Fruit
May 25, 2020

Dried figs: traders stop selling

TEHRAN. The closure of borders due to Covid-19 and the uncertainty governing the market has prompted trading activities to come to a stop in Iran. Dried fig exports to China declined by 10% in March. Many shipments are stuck behind borders.
Oilseeds
May 25, 2020

Sesame seeds: traders disappointed by new crop

NEW DELHI. Market players report that some farmers started harvesting the summer crop too eartly. As much as one third of the sesame seed arrivals in Saurashtra are, for instance, claimed to not meet quality standards.
Dried Fruit
May 25, 2020

Dates: exports decline by 30%

TEHRAN. While Iran’s government imposed a temporary ban on date exports last year to prevent further price rises, the situation is entirely different this year. Exports have declined by 30% on last year amid coronavirus related travel restrictions in 2020/2021.
AUDITOR Issues
May 22, 2020

Der AUDITOR Issue 20/2020

Enclosed you will find the link for the current issue of the raw material information service "Der AUDITOR".
Dairy Products
May 22, 2020

Butter: bye bye pre-pandemic market

FRANKFURT/BRUSSELS. Although it is generally being reported throughout Europe that dairy prices have bottomed out as restrictions are being eased, traders are anything but optimistic. Eating habits have changed with lasting effects and cheaper offers are not designed to change this. Market players, in other words, discard any illusions that sales volumes will return to pre-pandemic levels.
Interviews
May 22, 2020

Flaxseed: buyers in China and in the EU engage in fierce competition

NUR-SULTAN/SEEHEIM. In an interview with the AUDITOR Eugeniy Karabanov, the founder of the Northern Grain group of companies and oilseed expert at the Kazakh Grain Union (www.grainunion.kz), provides a detailed analysis of the global flaxseed market with a focus on the trading activities between Kazakhstan and the EU.
Spices
May 20, 2020

Spice market update: weak demand hits all markets

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.
Oilseeds
May 20, 2020

Sunflower seeds: long awaited rainfall

SOFIA. Good demand on the oil market supports commodity prices in Bulgaria, while interest in spot purchases of bakery kernels is rather low.
Oilseeds
May 20, 2020

Blue poppy seeds: new record crop in sight?

CHRUDIM. While spot prices on the Czech blue poppy market are easing, farmers and traders are still shying away from making offers for the new crop.
Nuts
May 20, 2020

Pistachios: buyers in EU prefer US pistachios

TEHRAN/SACRAMENTO. Subdued demand, difficult conditions and financial problems have prompted a 22% decline in exports in Iran between September 2019 and March 2020. Pistachio exports range as low as 85,000 metric tonnes. US shipments have also decreased sharply this season.
Oilseeds
May 20, 2020

Flaxseed: Russia has doubled exports to China

MOSCOW/OTTAWA. The expert estimates for the Russian sowing in 2020 do not correspond with previous expectations. Meanwhile, a rising price trend can be seen in the international flaxseed market.
Oilseeds
May 20, 2020

Pumpkin seeds: prices fall below last year's level

PEKING. The prices for Chinese pumpkin seeds in Grade A and Grade AA quality have rarely been as close to each other as they are this season. As a consequence, the price adjustments of the exporters have very different effects on the price level.
Oilseeds
May 19, 2020

Sesame seeds: exemptions for exports

NEW DELHI. The summer harvest is slowly picking up in India. Sesame seed production estimates remain optimistic.
Dried Fruit
May 19, 2020

Dried figs: export supplies are shrinking

AYDIN. Dried fig exports from Turkey are maintaining the lead over last year's volume, which is why market players expect prices to rise.
Dried Fruit
May 19, 2020

Dried apricots: rise in prices expected

MALATYA. In the Malatya region, the most important cultivation area for Turkish dried apricots, an inspection of the orchards is to provide information on the yield potential of this year's crop.
Dried Fruit
May 19, 2020

Sultanas: TMO urged to buy again

MANISA. The Aegean Dried Fruits and Products Exporters' Association reckons that the TMO's intervention purchases prevented a price collapse in the sultana market. In the new season, it is very well possible that the TMO will again act as buyer.
Spices
May 19, 2020

Saffron: illegal trafficking spells disaster

TEHRAN. Traders in Iran are outraged at the government’s inactivity in dealing with smugglers. They call for urgent action. Recent rains have, in addition, delayed the cultivation of the new crop.
Oils
May 18, 2020

Soybeans: COFKO dampens import expectations

CHICAGO. The US soybean market gained some ground again. Good results in the NOPA report and the US soybean export control system provided a boost to the market. The market was also supported by the renewed increase in demand for pork. China's soybean warehouses appear to be filling up more and more, so that imports there could collapse somewhat over the summer months. Argentina has massive logistical problems due to low water levels on the Parana River.
Nuts
May 18, 2020

Cashews: plus in exports due to cover purchases

HANOI/NEW DELHI. Despite declining prices, the Indian cashew market shows little trading activity, while demand from China for Vietnamese goods is increasing again.
Interviews
May 18, 2020

When hygiene becomes essential

SEEHEIM-JUGENHEIM. As the measures to contain the spread of the coronavirus are being eased throughout Europe caterers and food retailers need to adjust to new hygiene standars. Mundus Agri employee Carsten Megow has worked in food hygiene for twenty-five years. He shares his experiences and opinions.
Nuts
May 18, 2020

Almonds: prices continue to decline

MADRID/SACRAMENTO. In retrospect, the National Agricultural Statistics Service's subjective crop estimate for 2019 was much closer to the actual result of the almond crop than the objective estimate that hade been made later. If this is also the case in 2020, an enormous increase in yield can be expected.
Nuts
May 18, 2020

Desiccated coconuts: corona and typhoon cause further delays

MANILA. Due to the extension of the corona measures, the delivery delays for coconut products from the Philippines continue. In addition, a typhoon that has already reached the mainland could cause further damage.
Nuts
May 18, 2020

Hazelnuts: TMO sales provide temporary relief

ORDU. The TMO's final round of sales for the season has again prompted enquiries to exceed the volumes on offer. Nevertheless, the additional volumes are sufficient to...
AUDITOR Issues
May 15, 2020

Der AUDITOR Issue 19/2020

Enclosed you will find the link for the current issue of the raw material information service "Der AUDITOR".
Dairy Products
May 15, 2020

Butter: demand revives

FRANKFURT/BRUSSELS. With exports resuming and restrictions being eased for the catering sector, demand and prices have revived throughout the EU.
Nuts
May 15, 2020

Almonds: prices plummet

SACRAMENTO/MADRID. Almond prices have declined drastically. A trend that is set to continue.
Spices
May 14, 2020

Spice market update: cumin is of high quality

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.
Oilseeds
May 14, 2020

Flaxseed: crop forecasts may be too optimistic

NUR-SULTAN/FRANKFURT. Regardless of the possible effects of the weather on the development of this year's crop, the experts at APK-Inform are reckoning that...
Oilseeds
May 14, 2020

Sunflower seeds: lack of demand causes pressure on prices

SOFIA. Unusually high temperatures and low rainfall cause poor preconditions for the development of the Bulgarian sunflower seed crop and therefore...
Oilseeds
May 13, 2020

Oilseeds update: price cuts to boost sales

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