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Oilseeds
Apr 28, 2020

Flaxseed: sowing starts in northern Kazakhstan

NUR-SULTAN. Flaxseed sowing has started early in northern Kazakhstan. Sowing normally starts at the beginning of May. Experts do not, however, rule out a decline in production this season.
Oilseeds
Apr 28, 2020

Pumpkin seeds: exporters demand advance payments in China

PEKING. Financial problems have prompted many pumpkin seed exporters in China to only sell against advance payments. This, however, makes buyers hesitate. Demand has also slumped in the domestic market.
Oilseeds
Apr 28, 2020

Sesame seeds: sluggish demand impacts prices

NEW DEHLI. Reports on closed markets and low supplies in India are still being frequently issued. In reality, however, exporters in India are complaining about a lack of enquiries from overseas.
Dried Fruit
Apr 28, 2020

Dried apricots: speculations on the new crop

MALATYA. Nominal frost damages and persistently cold temperatures in some regions notwithstanding, fresh apricot production is expected to be good. There are, however, also...
Dried Fruit
Apr 28, 2020

Sultanas: hailstorms may be an issue

MANISA. Although the vineyards in Turkey were largely spared from frost damages, hailstorms are forecast for May. Initial estimates state that...
Grains
Apr 27, 2020

Corn: crude oil threatens forced shutdown

PARIS. The corn market in the USA again showed a clear downward trend, with only slight price fixing tendencies on the Black Sea. Bad news came from the U.S. ethanol and slaughterhouse sector, with ADM forced to close some ethanol plants and Tyson Foods forced to close Parco slaughterhouse. If OPEC does not cut crude oil production, an additional 20% of global oil production is threatened with forced shutdown. Ukraine has announced that it will limit corn exports.
Dried Fruit
Apr 27, 2020

Dates: little confidence in Iran’s economic policy

TEHRAN. Ramadan normally prompts a surge in demand and drives up prices. This year prices, however, range 40-50% lower than last year as Meydad Takallouzadeh from the National Association of Iranian Dates points out. Problem are the Covid-19 related export restrictions, which have a devastating impact on the market and the economy.
Dried Fruit
Apr 27, 2020

Raisins: only limited damage

TEHRAN. Frost, hailstorms and floods have hit Iran this spring. Nevertheless, the damage is so far claimed to be limited in the raisin market.
Dried Fruit
Apr 27, 2020

Dried figs: up to 60% damage in some areas

TEHRAN. Heavy rain and hail have caused severe damage in the fig orchards of the Fars province in Iran. In addition, the start of Ramadan does not have the usual impact on the market.
Nuts
Apr 27, 2020

Desiccated coconuts: production has declined sharply

MANILA. Almost all growing countries have to deal with stricter regulations due to the corona pandemic, with the exception of Indonesia, where production is largely unaffected due to weaker measures. In the Philippines, transport problems continue to be a major difficulty.
Nuts
Apr 27, 2020

Hazelnuts: snow freezes trading activities

ORDU. Light snowfall has reportedly occurred at the eastern Black Sea coast in Turkey. Snow has never before been witnessed at this time of year with snowfall been reported...
Oilseeds
Apr 24, 2020

Oilseeds update: exporters adjust sesame seed prices

FRANKFURT. Monitoring of the oilseed sector with day-to-day price comparisons.
AUDITOR Issues
Apr 24, 2020

Der AUDITOR Issue 16/2020

Enclosed you will find the link for the current issue of the raw material information service "Der AUDITOR".
Dairy Products
Apr 24, 2020

Butter: EU to pay close attention to US competition

FRANKFURT/BRUSSELS. As US butter is trading lower than in the EU market players are urged to pay close attention to international competition. Panic buying has reportedly stopped in Germany. The dairies are, nevertheless, confronted with a shift in demand.
Oilseeds
Apr 23, 2020

Oilseeds update: sesame seeds trade higher in Ethiopia

FRANKFURT. Monitoring of the oilseed sector with day-to-day price comparisons.
Spices
Apr 23, 2020

Spice market update: turmeric market on the road to recovery

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander, turmeric, chilli and black pepper as well as a price list for more than 70 products.
Nuts
Apr 23, 2020

Almonds: Spain increases exports

MADRID/SACRAMENTO. Growing demand and good crops have ensured almond deliveries from Spain to constantly increase in recent years.
Oilseeds
Apr 23, 2020

Pumpkin seeds: exporters hold back offers

PEKING. Although prices vary greatly depending on supplier, the pumpkin seed prices are following a clear trend in China.
Nuts
Apr 23, 2020

Cashews: massive slump in exports

HANOI/ACCRA. Cashew nut exporting countries such as Vietnam, Ghana and India are facing major problems due to the Covid-19 pandemic. In Vietnam, the export value could fall by 25%.
Oilseeds
Apr 23, 2020

Sunflower seeds: shift in farmgate prices

SOFIA. The weather remains largely dry in Bulgaria and rain is required. Negotiations for the new sunflower seed crop are to start soon.
Interviews
Apr 23, 2020

Ukraine: time to rethink dependency on China

KIEV/SEEHEIM-JUGENHEIM. For the Ukraine the current situation presents a chance to further enhance trade relations, if there are disruptions in supply chains elsewhere. In an interview with Mundus Agri Sergey Zhaburovskyi, head of the export helpdesk at the German-Ukrainian Chamber of Industry and Commerce, explains the situaion.
Oils
Apr 22, 2020

Soybeans: slight upward price impulses

CHICAGO. The US soybean market surprised with higher quotations for beans, meal and oil. President Donald Trump wants to support the US oil industry with billions in government aid. China finally bought soybeans from the United States. First slaughterhouses reopen since closing two weeks ago. In Western Europe, softening pig prices could weigh on the soybean market.
Oilseeds
Apr 22, 2020

Sesame seeds: no danger of delivery delays

NEW DELHI. Agriculture and food exports are among the few activities that are exempt from the curfew in India. Drastic delivery delays for sesame seeds are not to be expected for the time being.
Oilseeds
Apr 22, 2020

Flaxseed: contrasting trends

NUR-SULTAN/FRANKFURT. While farmgate prices in the growing countries continue to rise, supply on the European spot market is developing in a different direction.
Sugar
Apr 22, 2020

Südzucker: not possible to assess impact of coronavirus pandemic

MANNHEIM. In the preliminary figures for the 2019/2020 financial year, which ended on 29 February, the Südzucker AG states that group revenues declined to EUR 6.7 billion. By contrast, a drastic rise in the group operating result to EUR 116 million has been observed.
Oilseeds
Apr 21, 2020

Blue poppy seeds: outlook for 2020

CHRUDIM. Sowing is estimated to have risen this year. The weather will now prove decisive for yields.
Grains
Apr 21, 2020

Corn: Waterloo on the crude oil market

PARIS. The Chicago corn market is sliding deeper and deeper into the red. The crude oil market experienced a Waterloo yesterday for the WTI variety. Pressure is coming from the US meat market, and after Smithfield Foods and Cargill, JBS has now announced further closures of production sites. Dark clouds are also gathering on the Western European meat market.
Dried Fruit
Apr 21, 2020

Dried figs: stable prices after prior correction

AYDIN. Turkish dried fig exporters experience the current market situation very differently. Some say there should be no export problems, while others report sluggish demand.
Dried Fruit
Apr 21, 2020

Dried apricots: cautious optimism for the 2020 crop

MALATYA. Although there are some points that speak against an above-average apricot crop, many market players remain optimistic about production estimates for the 2020/2021 season.
Dried Fruit
Apr 21, 2020

Sultanas: overdue price adjustments

MANISA. This year, the month of Ramadan starts with a four-day curfew. The curfew applies to all ages and will be effective in 31 cities as of 23rd April. Sultana exports have, however, picked up.
Nuts
Apr 21, 2020

Pistachios: extensive frost damages

TEHRAN/SACRAMENTO. Frost, rain and hailstorms have hit the pistachio orchards in Iran hard in mid-April. Floods have also occurred over the last few days. As first estimates show that the damage is extensive in the main producing provinces, the exact extend still needs to be assessed.
Interviews
Apr 21, 2020

China: stopover in hotel quarantine

PEKING. After weeks of imposed quarantine, restrictions are gradually being eased in cities in China. Few people, however, want to go further than their own front door or garden. Mundus Agri has talked to trading partners about everyday life.
Grains
Apr 20, 2020

Wheat: boosting the market with export quotas

FRANKFURT. The wheat market grew noticeably in the USA and Western Europe. This was mainly due to statements by Russia and the Ukraine that exports would be suspended as soon as export quotas or export targets were exhausted. This stimulated higher wheat export expectations in the USA.
Spices
Apr 20, 2020

Saffron: drastic decline in shipments to EU

TEHRAN. Although saffron production exceeded 450 metric tonnes in Iran last year, the US sanctions and the economic crisis prompted by the coronavirus have hit exports hard. Shipments to the EU have declined for the third year in a row.
Nuts
Apr 20, 2020

Hazelnuts: exporters drive up prices

ORDU. Although the Turkish lira has again declined in value, the export prices have been adjusted. Problem are the exporters' trading activities in the raw hazelnut market.
AUDITOR Issues
Apr 17, 2020

Der AUDITOR Issue 15/2020

Enclosed you will find the link for the current issue of the raw material information service "Der AUDITOR".
Spices
Apr 16, 2020

Spice market update: trade in India resumed

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander, turmeric, chilli and black pepper as well as a price list for more than 70 products.
Dried Fruit
Apr 16, 2020

Raisins: buyers delay purchases

TEHRAN. Raisins are the third most important non-oil exporting products in Iran, after carpets and pistachios. Nevertheless, the market is anything but cost-efficient. The spread of the coronavirus has also hit exports hard.
Nuts
Apr 16, 2020

Walnuts: attractive spot prices

PEKING/SANTIAGO. The Chinese walnut crop in 2019 has reached a new record with an estimated 1 million metric tonnes of in-shells and is showing a much greater presence in the export market this season. In the European...
Dried Fruit
Apr 16, 2020

Dates: exporters suffer heavy losses

TEHRAN. As much as 500,000 tones of dates are available in the warehouses in Iran. If these volumes are not sold soon, the market will be in trouble. Problem is that the government is considering export duties.
Oilseeds
Apr 16, 2020

Flaxseed: high demand boosts prices

NUR-SULTAN. European flaxseed traders currently make very different experiences with their customers. Some of them report...
Oilseeds
Apr 15, 2020

Sunflower seeds: farmgate prices on the rise

SOFIA. Farmgate prices continue to rise. Meanwhile, the weather forecast is highly encouraging for the sunflower seed production in Bulgaria.
Oilseeds
Apr 15, 2020

Blue poppy seeds: price correction despite low demand

CHRUDIM. In the Czech blue poppy market, price adjustments are made due to exchange rate fluctuations. Despite low trading activity, a significant increase in exports can be recorded.
Grains
Apr 15, 2020

Corn: between the flanks of the crude oil and meat markets

PARIS. The corn market is currently experiencing a test of strength, the market has been caught in the flanks of a drop in the price of crude oil as yet unheard of and, in addition, a slump in meat consumption in North America and China as a result of the Covid-19 pandemic, which is reducing demand for animal feed. Another topic is the progress of corn sowing this year.
Oilseeds
Apr 15, 2020

Pumpkin seeds: fear of loss-making transactions

PEKING. Market players who are looking for new pumpkin seed suppliers in China are currently confronted with an above-average number of advance payment invoices.
Interviews
Apr 15, 2020

Iran: shutdown would push country over the edge

TEHRAN/SEEHEIM-JUGENHEIM. In an interview with Mundus Agri, Dawood Nazirizadeh shares his experience with and views on the healthcare system in Iran, the impact of Covid-19 on daily life, business and trade as well as Trump and the controversial issue of the US sanctions.
Nuts
Apr 15, 2020

Almonds: US shipments set new monthly record

MADRID/SACRAMENTO. In March, US almond shipments reached a new monthly record of around 94,449 metric tonnes, which is a plus...
Oils
Apr 14, 2020

Soybeans: US pork market under pressure

CHICAGO. The soybean markets went into reverse again. Pressure came from crude oil and a collapse in demand for pork in the USA. The 9.7 million barrel reduction in crude oil production decided by the OPEC Plus Group will not be sufficient to compensate for the collapse in demand caused by Covid-19. The introduction of quarantine, first in China and then in the USA, will reduce demand for pork in both countries, which will have a negative impact on soy demand.