Latest News - Page 87

Oilseeds

Apr 6, 2020

Flaxseed: limited supplies for Western Europe

NUR-SULTAN/OTTAWA. While farmgate prices are largely stable in Kazakhstan, price adjustments are taking place on the spot market in Europe. Agriculture and Agri-Food Canada has, in addition, issued revised estimates.

Nuts

Apr 6, 2020

Pistachios: slump in demand prompts shift in price

TEHRAN. The spread of the coronavirus and the end of the new year holidays has limited demand and prompted a decline in exports. This is also reflected in prices.

Grains

Apr 6, 2020

Wheat: Brazil's mills on import course

FRANKFURT. The wheat markets in the USA began this with significant price increases, while the price level in Western Europe and on the Black Sea remained at last week's level. Brazil is unable to cover its import enquiries from Argentina for logistical reasons and is therefore looking for goods in other countries. Wheat exports in Western Europe flattened out somewhat and uncertainty about the further course of the market remains high. The industry must prepare for longer restrictions due to the Covid19 pandemic.

Nuts

Apr 6, 2020

Desiccated coconuts: large plantations have to shut down temporarily

MANILA. Philippine coconut plantations are currently struggling with the effects of the Covid-19 pandemic. Some large factories have already had to close temporarily.

Nuts

Apr 6, 2020

Hazelnuts: run on TMO

ORDU. More precise information on the frost damages of the last few weeks is still to be pubilshed. The TMO has issued prices for April.

Interviews

Apr 6, 2020

Anderson Exports: export disruptions and appreciation for the food business

SEEHEIM/SACRAMENTO. In light of recent events regarding the Covid-19 pandemic, Mundus Agri talked to Erik Anderson, CEO of Anderson Exports, discussing notable disruptions in the supply chain and the luck to be working in an essential industry – food.

AUDITOR Issues

Apr 3, 2020

Der AUDITOR Issue 13/2020

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

Nuts

Apr 2, 2020

Pine nuts: quarantine measures hamper border traffic

PEKING/MOSCOW. Freight traffic between Russia and China by train and container ships is usually no problem. Deliveries by truck, however, are difficult. Among others, Chinese pine nut traders are feeling the effects of this.

Oilseeds

Apr 2, 2020

Pumpkin seeds: sudden slump in demand

PEKING. The processing of release oders previously on hold has driven up raw seed prices in China. Pumpkin seed exporters, however, report that...

Alerts and Regulations

Apr 2, 2020

Covid-19 spurrs Ukraine's self-proclaimed republics into sudden action

LUHANSK. A "Mundus Agri" correspondent, living in the Luhansk People's Republic, outlines the enormous impact the outbreak of the new coronavirus has on daily life. The first infection has only recently been confirmed. Measures to contain the virus are only starting to be implemented.

Interviews

Apr 2, 2020

Protective measures against Covid-19 - when is an end in sight?

SEEHEIM-JUGENHEIM. Doctors and virologists hear this question over and over again. They are supposed to try to find an answer by means of estimates and mathematical assumptions, and yet they can only give a vague estimate at best. Decisive for the point in time when the corona protection measures can be loosened is the behaviour of the citizens.

Oilseeds

Apr 1, 2020

Sunflower seeds: delays in shipments

SOFIA. Sowing is still in full progress in Bulgaria and official estimates are to be issued soon. Meanwhile, the producers' restraint proved to be successful.

Nuts

Apr 1, 2020

Almonds: traders make price corrections

MADRID/SACRAMENTO. The US crop continues make a good progress, as reports state. Meanwhile, Spanish traders have adjusted their export prices.

Dried Fruit

Apr 1, 2020

Raisins: lack of health guidelines hamper exports

MASHAD. Raisins are the most important export product in Iran’s Khorasan Razavi Province. The Trade Commission of the Khorasan Razavi Chamber of Commerce, however, states that raisin exports have declined sharply since the coronavirus outbreak in Iran.

Oilseeds

Mar 31, 2020

Blue poppy seeds: farmers in Turkey to switch to white poppy seeds

CHRUDIM/ANKARA. Traders in Turkey report that farmers are considering to switch to white poppy seeds this year. Meanwhile, sowing has been largely completed in the Czech Republic.

Oilseeds

Mar 31, 2020

Sesame seeds: massive price increase

NEW DELHI/FRANKFURT. Since there are currently no offers for sesame seeds from the growing countries such as India, Sudan and Nigeria, demand on the European spot market is high.

Oils

Mar 31, 2020

Soybeans: South American municipalities tighten controls against the will of their governments

CHICAGO. Soybean markets were weaker in the USA and South America, but firm in Western Europe. Efforts are underway between the USA and Russia to jointly support the crashed crude oil market by cutting crude oil output by more than 20% in order to avert the threatened wave of US bankruptcies for shale oil producers. Argentina's and Brazil's municipalities have tightened border controls against the will of their governments because of the Covid-19 pandemic.

Dried Fruit

Mar 31, 2020

Dates: price turnaround expected

TEHRAN. The outbreak of the coronavirus has slashed all hopes in Iran that an upsurge in demand would drive up prices in the run up to Ramadan. Although there is an uptick in demand for nutrients, especially for dates, the prices have so far failed to rise. Traders are, nevertheless, optimistic that the situation may change.

Dried Fruit

Mar 31, 2020

Dried figs: sufficient export supplies

AYDIN. The TMO's sales announcement has stabilised farmgate prices for dried figs and there should be sufficient export goods available on the market.

Dried Fruit

Mar 31, 2020

Sultanas: between shopping frenzy and buying stop

MANISA. Significantly more sultanas are being exported from Turkey than last year at this time. In addition to early contract release orders, traders are also benefiting in other ways from the effects of the corona crisis.

Dried Fruit

Mar 31, 2020

Dried apricots: concerns about the new crop

MALATYA. The market for dried apricots is currently at a complete standstill. The number of Covid-19-infected people in Turkey continues to rise steadily and many companies have temporarily closed down.

Oilseeds

Mar 30, 2020

Sesame seeds: surge in demand expected

NEW DELHI. All export trade has been put on hold in India for the time being and the local spot markets are closed. Market players are, however, reckoning with a drastic rise in sesame seed prices after the lockdown.

Dried Fruit

Mar 30, 2020

Dried figs: trading activities remain disrupted

TEHRAN. Market players in Iran reckon that the coronavirus outbreak will prompt a 20% decline in export volume and a 50% decline in export value. One of the main issues are the restrictions on traffic at the borders. The spread of the virus also has a massive impact on demand for dried figs.

Oilseeds

Mar 30, 2020

Flaxseed: Russia buys raw seeds in Kazakhstan

MOSCOW/NUR-SULTAN. Due to high prices, the oil mills in Russia there are increasingly buying raw seeds in Kazakhstan. Shipnebts to Germany have, however, declined this season.

Grains

Mar 30, 2020

Corn: Saudi Arabia puts heavy pressure on the crude oil market

PARIS. The US corn market is under heavy pressure because Saudi Arabia has increased its crude oil production in order to take revenge on Russia for Moscow's failure to respond to the demand for a crude oil cutback. The US ethanol industry is in the red and US farmers are sitting on unsold corn. In the EU, a higher euro exchange rate improves the import chances for corn.

Nuts

Mar 30, 2020

Hazelnuts: new season to start without carry-over stocks

ORDU. Market players reckon that there will be no carry-over stocks for hazelnus this season. At the same time, the fist reference prices for the 2020 crop are circulating in the market.

Interviews

Mar 30, 2020

How Mundus Agri maintains internal operations

SEEHEIM-JUGENHEIM. Michael Gütlich, CEO and IT expert of the Dedere Deutschland GmbH, explains which measures are in place to protect Mundus Agri's workforce.

AUDITOR Issues

Mar 27, 2020

Der AUDITOR Issue 12/2020

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

Alerts and Regulations

Mar 27, 2020

America first - also when it comes to health?

WASHINGTON, D.C. As early as next week, the measures taken against the spread of the corona virus could be eased again in the USA. The president is putting the population at great risk.

Spices

Mar 26, 2020

Spice market update: trade in India comes to standstill

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

Interviews

Mar 26, 2020

FoodDrinkEurope: EU must act fast to avoid confusion and delays

BRUSSELS. Unprecedented quarantine measures and travel restriction throughout Europe are prompting concerns over supply chains and the workforce in Europe’s largest manufacturing industry. FoodDrinkEurope is working closely with the EU Commission to adopt fast action. In an interview with Mundus Agri, Will Surman, Director of Communications and Public Affairs, outlines how the industry is holding up to the Covid-19 pandemic.

Oilseeds

Mar 26, 2020

Sunflower seeds: sharp rise in release orders

SOFIA. Sowing has been temporarily suspended due to rain. Although low prices are currently keeping the market up and running, the producers are pushing for a shift.

Oilseeds

Mar 26, 2020

Flaxseed: spring festival and Covid-19 hamper trade

NUR-SULTAN. As Kazakhstan celebrates Nauryz, which marks the beginning of spring, and measures have been introduced to contain the spread of the coronavirus the market has come to a standstill. Prices remain largely stable.

Oilseeds

Mar 26, 2020

Blue poppy seeds: Germany cuts imports by 20%

CHRUDIM. Trading is largely subdued in the Czech Republic. Poppy seed shipments to Germany have declined sharply.

Interviews

Mar 25, 2020

Food supply chains: Dachser calls for flexibility

SEEHEIM-JUGENHEIM/KEMPTEN. Reports of long traffic jams at the borders within Europe, particularly at the borders in Poland, shook the market last week. Traders, in addition, reported that suppliers were forced to close on a temporary basis. Although the situation has now improved, the freight forwarders remain concerned.

Nuts

Mar 25, 2020

Pistachios: Covid-19 has surprising impact on prices

TEHRAN/SACRAMENTO. Iran is one of the worst-hit countries by the coronavirus pandemic. Official data indicates that nearly 25,000 people have been infected with Covid-19 and that the death toll exceeds 1,900. Market players, however, report a surprising shift in pistachio prices.

Oilseeds

Mar 25, 2020

Sesame seeds: trading and exports suspended for three weeks

NEW DELHI. Traders in India are currently informing overseas buyers that trading has been suspended over the next few weeks.

Grains

Mar 25, 2020

Buckwheat: export stop only lasts for a short time

MOSCOW. In order to prevent the spread of coronavirus infection to the Russian Federation, the Russian agricultural supervisory authority has closed the borders for the export of cereals, including buckwheat, for 10 days, starting on 20 March. However, these restrictions were discarded after only a few days.

Interviews

Mar 25, 2020

Toilet paper: producers are operating at full capacity

FRANKFURT. As panic buying is taking its toll on the supermaket shelves toilet paper has become the new white gold in Europe. For new customers it is basically impossible to purchase toilet papar directly from the manufacturers. Their priority are existing customers.

Dried Fruit

Mar 24, 2020

Dried figs: temporary plant closures

AYDIN. As numerous release orders are being made early, some factories will temporarily have to shut down once the current orders have been processed.

Grains

Mar 24, 2020

Wheat: irrational stockpiling of toast and pasta

FRANKFURT The wheat markets in the USA, Western Europe and on the Black Sea increased again by 2.5%. In the USA and Western Europe, stockpilings continue to increase, although agricultural ministries do not expect any food shortages. In Germany, irrational stockpilings are pushing logistics to the limits of capacity.

Nuts

Mar 24, 2020

Almonds: ideal conditions for pollination in Spain

MADRID/SACRAMENTO. The weather conditions were ideal for pollination in Spain. Frost may, nevertheless, still have an impact on production.

Oilseeds

Mar 24, 2020

Pumpkin seeds: release orders prompt shift in prices

PEKING. Pumpkin seed processing is up and running in China. There is a noted impact on prices.

Dried Fruit

Mar 24, 2020

Dried apricots: lack of new orders

MALATYA. There is little movement on the apricot markets, as no new orders are concluded. Instead, orders from existing contracts are brought forward.

Alerts and Regulations

Mar 24, 2020

Temporary framework to support SMEs during coronavirus pandemic

BRUSSELS. The EU Commission has taken new measures to provide financial support, especially for small and medium-sized businesses. Funds, however, need be provided by the member states.

Dried Fruit

Mar 24, 2020

Sultanas: no frost damage reported

MANISA. According to market players, future trading activities depend on the success in fighting the coronavirus pandemic. Despite agricultural frost warnings in Manisa, there has been no damage according to the producers.

Grains

Mar 23, 2020

Corn: fake news about export stop in Ukraine

PARIS. The EU corn market is moving upwards as the wheat market continues to put pressure on it. Feed mills increase stocks to ensure supply availability. Ukraine does not restrict agricultural exports under any circumstances. In the USA, China's wheat and corn purchases were seen as a comeback to its trade relations. The low price of crude oil is putting such a strain on the US ethanol market that ethanol plants have to close.

Interviews

Mar 23, 2020

This is why the local tax offices should pay subsidies

SEEHEIM-JUGENHEIM. Michael Gütlich, the CEO of the Dedere Deutschland GmbH, explains why it is necessary to distribute financial aid by means of unbureaucratic channels. Fast action is required.

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