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Oilseeds
May 6, 2020

Flaxseed: prices set to decline for new crop

NUR-SULTAN. As sowing has started unusually early in northern Kazakhstan this will certainly have an impact on flaxseed production.
Spices
May 6, 2020

Cumin: extensive crop damages

TEHRAN. Last week’s floods and hailstorms have damaged up to 40%-60% of acreage in some areas in Iran’s main producing region, the Khorasan Razavi province. Cumin production was initially expected to rise this year.
Nuts
May 5, 2020

Desiccated coconuts: shift in demand

MANILA. Due to the corona pandemic, supplies of desiccated coconuts and coconut oil will be noticeably lower this season. Demand is shifting from food service providers to consumers.
Oils
May 5, 2020

Soybeans: Brazil sets new export record

CHICAGO. On the US soybean market there is still great uncertainty about how strongly the corona crisis will restrict demand for animal feed. The Trump government is apparently planning new punitive tariffs for China.
Dried Fruit
May 5, 2020

Dried figs: preparations for the 2020/2021 season

AYDIN. As market players report, Turkish dried fig farmers have started to prepare the trees. As far as the coming season is concerned...
Dried Fruit
May 5, 2020

Dried apricots: differing crop forecasts

MALATYA. Dried apricots in export quality are hardly to be found on the free market. This is reflected in the export prices of Turkish traders.
Dried Fruit
May 5, 2020

Sultanas: trade at commodity exchange makes prices rise

MANISA. The bustle on the commodity exchange in Izmir and price corrections of the TMO pushed up prices for Turkish sultanas at the beginning of the week.
Nuts
May 5, 2020

Pistachios: exports decline by 22%

TEHRAN. Pistachio exports from Iran declined by around 22% in the first half of the season as compared with 2017/2018. A drastic rise has, however, been recorded in March.
Nuts
May 5, 2020

Cashews: difficult export situation

HANOI/NEW DELHI. Although the first quarter was successful as far as exports are concerned, Vietnamese market players expect difficulties in the following quarters due to the coronavirus. The import of RCN is also experiencing certain problems these days.
Grains
May 4, 2020

Corn: IGC forecast with many uncertainties

PARIS. The corn market continues its weaker trend. France's corn sowing is 70% complete. Since 27 April, the EU has put customs duties of EUR 5.27 per metric tonne tonne on imports of rye, corn and sorghum. The IGC expects a corn crop of 388.8 million metric tonnes in the USA.
Nuts
May 4, 2020

Hazelnuts: TMO price takes market by surprise

ORDU. As the TMO has announced the next round of sales for May, the selling price is unexpectedly high. Market players reckon that hazelnut production will take a 20% dip in Turkey this year.
Spices
May 4, 2020

Saffron: coronavirus gives rise to illegal trading activities

TEHRAN. Traders report that smuggling is on the rise in the saffron market. Problem is that farmers are left with few alternatives but to turn to smugglers as economic growth has slowed. Traditional export destinations, such as Europe, have also been cut off.
Oilseeds
May 4, 2020

Sesame seeds: port clearances are possible

NEW DELHI. India has extended the lockdown to prevent the coronavirus from spreading by two weeks. While the country is divided into three zones, depending on the risk of contracting Covid-19, exceptions have been issued to stimulate trade. Sesame seed exports are possible.
Dairy Products
May 1, 2020

Butter: dairy market voices fierce criticism over EU aid scheme

FRANKFURT/BRUSSELS. Market players have voiced fierce criticism over the EU’s decision to implement the private storage scheme for skimmed milk powder, butter and cheese in to stabilise the market. There is far too much milk in the market.
Oilseeds
Apr 30, 2020

Sesame seeds: supply glut in India

NEW DEHLI. A supply glut has been reported in India as 375 containers of sesame seeds were ordered in Africa before the lockdown was imposed. An additional 25,000 mt were shipped from Africa in February and March.
AUDITOR Issues
Apr 30, 2020

Der AUDITOR Issue 17/2020

View the latest issue of the soft commodity information service "Der AUDITOR".
Spices
Apr 29, 2020

Spice market update: pepper harvest comes to standstill

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
Apr 29, 2020

Oilseeds update: exporters take drastic action in India

FRANKFURT. Monitoring of the oilseed sector with day-to-day price comparisons.
Oilseeds
Apr 29, 2020

Sunflower seeds: surge in demand is followed by a lull

SOFIA. Market players are watching the weather in the Bulgarian growing regions with concern. The coming days are expected to be largely free of rainfall and there might be temperatures above 30 °C over the weekend.
Oilseeds
Apr 29, 2020

Blue poppy seeds: rainfall is urgently needed

CHRUDIM. Uncertainties and lack of demand dominate the Czech blue poppy seed market. In addition, there is the lack of rainfall and the hope of rain in May.
Nuts
Apr 28, 2020

Almonds: is the next bumper crop in sight?

MADRID/SACRAMENTO. Based on the latest report from the California Department of Food and Agriculture (cdfa), the Californian almond crop could reach a new record in 2020/2021.
Dried Fruit
Apr 28, 2020

Dried figs: stable demand

AYDIN. Despite the fact that Turkey celebrated a holiday on 23 April called "Sovereignty and Children’s Day", which meant that the trading week was shorter, fig exports continued to increase.
Grains
Apr 28, 2020

Wheat: rainfall causes markets to calm down

FRANKFURT. The wheat markets are showing clear signs of weakness. According to the trade, demand for flour has continued to decline. Concerns about rising insolvencies of bakeries, especially in cities, are being addressed because the companies are suffering heavy losses in sales due to the shutdown. The weather forecasts remain rainy in Western and Eastern Europe until Sunday.
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.