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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.
Oilseeds
Apr 14, 2020

Oilseeds update: individual price corrections

FRANKFURT. Monitoring of the oilseed sector with day-to-day price comparisons.
Oilseeds
Apr 14, 2020

Sesame seeds: India partially resumes export business

NEW DELHI. The Indian food industry, including exporters of farmgate goods, is now entitled to resume its full range of activities. Only limited capacities at the ports lead to export delays.
Dried Fruit
Apr 14, 2020

Dried figs: frost and snow cause extensive damage

TEHRAN. Temperatures have declined sharply in some parts of Iran over the last few days. Some provinces have even experienced heavy snow. Frost damages have been reported in some of the fig orchards, especially in the North Khorasan province.
Nuts
Apr 14, 2020

Hazelnuts: market waits for production estimates

ORDU. Although night frosts are no longer expected, hazelnut production estimates still need to be issued in Turkey.
Dried Fruit
Apr 14, 2020

Dried figs: export pace continues

AYDIN. Turkey's dried fig exports can maintain their high pace. Demand has increased due to Ramadan.
Dried Fruit
Apr 14, 2020

Dried apricots: Ramadan boosts sales

MALATYA. As exporters are currently buying a lot of goods, there has been movement on the apricot market. Demand from Europe, however, remains low.
Dried Fruit
Apr 14, 2020

Sultanas: crop forecast not before early May

MANISA. While TMO prices for popular sultana types are rather unattractive, market players report that a total of 600 mt...
Dairy Products
Apr 13, 2020

Butter: crazy market situation in the EU

FRANKFURT/BRUSSELS. The Covid-19 pandemic has prompted a drastic shift in demand within the EU. Farmers associations in Germany and in Ireland report dual dynamics in the dairy market. Although panic buying has eased somewhat, the market situation is difficult to adjust to.
Nuts
Apr 10, 2020

Walnuts: Chile will be back in the race soon

SACRAMENTO/KIEV. Due to the high prices at the start of the season, US walnut exports are still well below last year's result. However, there were some signs of increased buying interest in March.
AUDITOR Issues
Apr 9, 2020

Der AUDITOR Issue 14/2020

Enclosed you will find the link for the current issue of the raw material information service "Der AUDITOR".
Interviews
Apr 9, 2020

Almond Board of California: high demand and hardly any export issues

SEEHEIM/SACRAMENTO. Mundus Agri had the chance to talk to Richard Waycott, president and CEO of the Almond Board of California, about the current situation and the impact of the coronavirus on the US almond market.
Spices
Apr 9, 2020

Spice market update: Indian markets remain closed

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander, turmeric and chilli, as well as a price list for more than 70 products.
Oilseeds
Apr 8, 2020

Sunflower seeds: shift in demand

SOFIA. The export stop of sunflower seeds from Kazakhstan is causing a shift in demand, and Bulgarian suppliers are also feeling the effects.
Oilseeds
Apr 8, 2020

Mustard seeds: EU increases imports by 20%

NUR-SULTAN/OTTAWA. Although Canadian mustard seed production has declined in the 2019/20 season, export shipments to the EU have increased significantly in the past year.
Spices
Apr 8, 2020

Cumin: export demand fails to revive

TEHRAN. Low prices and high costs have put farmers off from cultivating cumin only a few years back. The lack of a clear export market is an additional problem. With the spread of the coronavirus export demand is largely subdued.
Oilseeds
Apr 8, 2020

Blue poppy seeds: traders refrain from speculations

CHRUDIM. Sowing has been completed in the Czech Republic. Although prospects are encouraging, traders refuse to speculate on production.
Interviews
Apr 8, 2020

Tioga: Spanish almond market loses Easter business

AGUADULCE/SEEHEIM-JUGENHEIM. In an interview with Mundus Agri, José Luis Balanzá Bosch and Amancio Landín from Tioga answer a few short questions on the impact of the Covid-19 pandemic on the almond market in Spain.
Nuts
Apr 7, 2020

Almonds: local frost damages

MADRID. As Tioga Nut Fruit Services reports, almond blossoms have developed well in Spain. Local frost damages have, however, also occurred.
Dried Fruit
Apr 7, 2020

Dried figs: increase in exports

AYDIN. Since the beginning of the season, 50,822 metric tonnes of dried figs and dried fig products have been shipped overseas, which is an...
Oilseeds
Apr 7, 2020

Oilseeds update: waiting containers are being dispatched

FRANKFURT. Monitoring of the oilseed sector with day-to-day price comparisons.
Grains
Apr 7, 2020

Corn: quarantine clauses

PARIS. The US corn market is resisting the vehement price pressure from crude oil. However, US corn inventories are also expected to rise. In Western Europe, demand remained very stable, as confirmed by higher corn prices in France. In the Lower Rhine region, corn prices fell temporarily, which compound feed producers are likely to use for purchases, the trade said. Corn importers, too, are likely to supplement the contract terms with clauses on substitute delivery to ensure greater security of supply in the event of quarantines caused by the coronavirus.
Spices
Apr 7, 2020

Saffron: slump in exports shocks producers

TEHRAN. The prices for saffron have declined by around 10% since the outbreak of the coronavirus in Iran. Problem is that saffron is a luxury product that is mainly exported. For the producers the current market situation could hardly be worse.
Oilseeds
Apr 7, 2020

Sesame seeds: South Korea fixes dates for new tender

NEW DELHI/SEOUL. After the curfews in the producing countries and supply issues forced South Korea to cancel the last tender, the country has now issued a new attempt.
Dried Fruit
Apr 7, 2020

Dried apricots: exports are up and running again

MALATYA. Market players remain optimistic that there will be an upswing in dried apricot production in 2020. Exports have, in addition, revived.
Dried Fruit
Apr 7, 2020

Sultanas: TMO sells stocks

MANISA. The TMO started selling last week. Exporters, however, reckon that the prices are by no means attractive.