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Grains
Mar 16, 2020

Corn: disaster mode in Western Europe

PARIS. The corn markets continued to collapse in the USA and also in Western Europe. More and more countries are declaring national emergencies and disasters, and fears of a global recession are growing. In the food sector, retailers, shipping companies and industry are trying to maintain supply chains, which is likely to put logistics to a tough test. Avian influenza subtype H5 has been detected in laying hens in Saxony.
Oilseeds
Mar 16, 2020

Sesame seeds: South Korea buys less than expected

NEW DELHI. In the Indian sesame market, there were some price corrections at the beginning of the week. At the same time, details regarding the new tender from South Korea were announced.
Nuts
Mar 16, 2020

Desiccated coconuts: uncertainty rules the market

MANILA. At the moment there is a tense silence on the coconut markets, as the traders are insecure and hardly make any purchases. Production has not yet been significantly affected.
Oilseeds
Mar 16, 2020

Oilseeds update: sporadic offers for GWS pumpkin kernels

FRANKFURT. Monitoring of the oilseed sector with day-to-day price comparisons.
Dried Fruit
Mar 16, 2020

Dried figs: Covid-19 restrictions disrupt trade

TEHRAN. Although traders stress that health issues come first, the impact of the coronavirus on the economy is causing great concern. Iran’s dried fruit market is also confronted with losses. Traders report that demand in China is still largely subdued.
Alerts and Regulations
Mar 16, 2020

Germany shuts down borders

FRANKFURT. Germany has closed the borders with some neighbouring countries to travellers. Delivery traffic is to continue as normal. Some restrictions have, however, been imposed.
Nuts
Mar 16, 2020

Hazelnuts: new TMO sales in April

ORDU. The TMO is expected to issue a base price for further inventories over the next few days. Sales are scheduled for April. Market players are, meanwhile, reacting quite differently to the current situation.
AUDITOR Issues
Mar 13, 2020

Der AUDITOR Issue 10/2020

Enclosed you will find the link for the current issue of the raw material information service "Der AUDITOR".
Interviews
Mar 13, 2020

Stringent measures imposed to maintain supply chains

ROME/VIENNA. All shops in Italy are now closed with the exception of supermarkets, drugstores and pharmacies. The agricultural sector and industry are also permitted to operate. Work continues here, but with stringent safety measures in place.
Nuts
Mar 13, 2020

Almonds: shift in spot market prices

MADRID/SACRAMENTO. This season's US almond production ranges 12% higher than last year. In considering the carry-in stocks this season's total supplies...
Spices
Mar 12, 2020

Spice market update: exports stagnate due to coronavirus

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.
Dairy Products
Mar 12, 2020

Butter: corona-induced panic buying toxic for industry

FRANKFURT/BRUSSELS. The consumers are stockpiling table butter and other dairy products in Germany. Although the retailers are ordering large volumes, the producers have lost out.
Oilseeds
Mar 12, 2020

Flaxseed: shift in prices in Kazakhstan

NUR-SULTAN. Exchange rate fluctuations have prompted a drastic shift in export prices. In addition, there are nominal delays in customs clearances at the border to China.
Interviews
Mar 12, 2020

Oil mills: coronavirus emergency measures hit factories hard

PRAGUE. In illustrating the effects the government's containment policy has on an oil mill in the Czech Republic the challenges the industry as a whole are confronted with become apparent.
Grains
Mar 11, 2020

Corn: consumers are buying more canned goods

PARIS. The corn markets were able to recover slightly due to an increase in crude oil prices, which are supporting the market via ethanol. The purchasing behavior of consumers, who tend to buy canned food and avoid fresh products due to the risk of a coronavirus infection, which is also increasingly affecting butchers' shops, is causing concern. This could affect the feed market as well.
Oilseeds
Mar 11, 2020

Oilseeds update: opposing price developments

FRANKFURT. Monitoring of the oilseed sector with day-to-day price comparisons.
Oilseeds
Mar 11, 2020

Sunflower seeds: factories enhance hygiene standards

SOFIA. Bulgarian sunflower seed prices react to the collapse of the oil market. Factories take first steps to curb Covid-19.
Interviews
Mar 11, 2020

The impact of the coronavirus on the climate

FRANKFURT. The adverse impact of the Covid-19 epidemic is highlighted in the news every day. There is, however, one positive aspect to be considered.
Oilseeds
Mar 11, 2020

Blue poppy seeds: temperature checks for arrivals

CHRUDIM. As of today, the schools in the Czech Republic will remain closed and events with more than 100 participants have been suspended until further notice. Meanwhile, the blue poppy seed farmers have started sowing.
Dried Fruit
Mar 10, 2020

Dried figs: March starts off with 40% surge in exports

AYDIN. The dried fruit market in Turkey started off into March with a drastic rise in exports. Dried fig overseas shipments ranged at...
Grains
Mar 10, 2020

Wheat: Italy under state of emergency

FRANKFURT. The wheat markets are under pressure due to massive crashes on the stock and commodity exchanges, the failed OPEC Plus negotiations and the continuing spread of the coronavirus. As a result, the currencies in crude oil supplier countries such as Russia are coming under pressure. Italy's nationwide state of emergency due to Covid-19 shows how the situation could also deteriorate in Western Europe.
Spices
Mar 10, 2020

Cumin: coronavirus disrupts export activities

KERMAN. As the coronavirus death toll rises and neighbouring states have closed their borders with Iran trading and exporting has been largely disrupted in the cumin market. The spread of the coronavirus is, however, not the only problem the market is confronted with.
Dried Fruit
Mar 10, 2020

Dried apricots: Turkey relies on strict controls

MALATYA. Official reports state that Turkey has so far been spared from Covid-19 infections. Market players...
Dried Fruit
Mar 10, 2020

Sultanas: organic supplies are sold out

MANISA. While new contracts for conventional sultanas from Turkey are only slowly being entered, market players report that organic supplies are very much limited.
Alerts and Regulations
Mar 9, 2020

Coronavirus leads to supply shortages

FRANKFURT. According to reports, there are currently some supply shortages between producers and stockists in Northern Italy and buyers in the Czech Republic.
Nuts
Mar 9, 2020

Pecans: US consumption rises sharply

ATLANTA. Pecan nut shipments from the US have declined drastically. Contrary to this, the uptick in US consumption has lent the market some support.
Oils
Mar 9, 2020

Soybeans: Black Friday and Monday on world stock markets

CHICAGO. The US soybean market gave way to pressure from pandemic fears of the corona virus, heavy price losses on the stock and commodity exchanges, the failure of the OPEC Plus Conference in Vienna and a lack of soybean exports to China. The US leading index Dow Jones recorded the biggest price slide on the New York Stock Exchange in ten years.
Oilseeds
Mar 9, 2020

Sesame seeds: South Korea to issue new tender

NEW DELHI. South Korea is set to issue a new tender, the exact details will transpire over teh enxt few days. At the same time, market players report delays in shipments from Africa.
Nuts
Mar 9, 2020

Pistachios: road to Europe blocked due to coronavirus

TEHRAN. The outbreak of the coronavirus has stalled demand in China and other countries in East Asia since the end of January. Now the pistachio market has received another blow. As Turkey has closed the border to Iran, transport to Europe has become extremely difficult.
Spices
Mar 9, 2020

Saffron: exports suspended amid fears of coronavirus

TEHRAN. As flights to and from Iran have been suspended, borders are closed, and travel restrictions are in place the situation is worsening in the saffron market, which is feeling the full impact of the coronavirus. Traders report that…
Nuts
Mar 9, 2020

Hazelnuts: first crop estimates for 2020

ORDU. The first flower counts were conducted in Turkey last week. Market players reckon that the first production estimates will be issued soon
Oils
Mar 6, 2020

Rapeseed: prices in France decline significantly

HAMBURG. The market for canola and rapeseed was burdened by price losses on soybeans and palm oil, which put pressure on prices in Winnipeg and Paris. The euro exchange rate, which rose to over 1.13 USD/EUR, led to a considerable downward price correction in France and Germany. With regard to the crude oil market, traders reckon that OPEC will decide on a cutback in crude oil production.
AUDITOR Issues
Mar 6, 2020

Der AUDITOR Issue 09/2020

Enclosed you will find the link for the current issue of the raw material information service "Der AUDITOR".
Grains
Mar 6, 2020

Wheat: markets tend to be weak

FRANKFURT. The wheat markets are tending to be weak due to concerns about the spread of the coronavirus epidemic. Traders expect temporary drops in demand, either for logistical or economic reasons. Higher wheat crops in the coming season in Russia, India and Australia also indicate lower prices.
Oilseeds
Mar 5, 2020

Sesame seeds: consistent price levels after further corrections

NEW DELHI. Market players are still having difficulties with the forecasts for the summer crop 2020, but market prices have reached a consistent level.
Spices
Mar 5, 2020

Spice market update: acreage for coriander almost doubled

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
Mar 5, 2020

Sunflower seeds: more high-oleic kernels in 2020?

SOFIA. The first estimates for Bulgarian sunflower seed production in 2020 have already been submitted. Now market players are speculating on the distribution between high-oleic kernels and other varieties.
Oilseeds
Mar 4, 2020

Blue poppy seeds: traders react with price corrections

CHRUDIM/ANKARA. Recently, blue poppy seed traders in the Czech Republic had increased their export prices due to the stronger Czech koruna. This week, new price adjustments were made.
Oilseeds
Mar 4, 2020

Flaxseed: good sales opportunities

NUR-SULTAN. In the European spot market, Eastern European flaxseed is traded at significantly higher prices than in the past two years. For the farmers, this is a reason to increase the area under cultivation again this year.
Grains
Mar 4, 2020

Corn: USA lowers key interest rate

PARIS. The corn market recovered slightly in the USA and Western Europe, but the Black Sea market continued to decline. Yesterday, the US central bank cut the key interest rate by 0.5 percentage points, to which stock and commodity markets initially reacted with price rises. Recently these turned negative again, the interest rate cut was interpreted as meaning that the consequences of the coronavirus could hit the economy even worse than expected.
Nuts
Mar 4, 2020

Peanuts: new taxes drive up prices in Argentina

BUENOS AIRES/PEKING. While China is slowly returning to normality, Brazil is fighting against the poor quality of the last crop. Significant price increases are expected in Argentina.
Nuts
Mar 4, 2020

Cashews: Vietnam expects production increase

HANOI. In the south of Vietnam, cashew farmers have started harvesting. Despite the slightly delayed start, experts expect a good production result.
Oils
Mar 3, 2020

Rapeseed: more confidence in coping with Covid-19

HAMBURG. The share price development in Winnipeg and Paris showed a noticeable upward trend again. Tighter regulations from the USA and Malaysia as well as firmer crude oil prices led to rising prices. Politicians say that they want to support the economy in connection with the effects of the coronavirus.
Oilseeds
Mar 3, 2020

Oilseeds update: price decline continues

FRANKFURT. Monitoring of the oilseed sector with day-to-day price comparisons.
Grains
Mar 3, 2020

Wheat: Morocco and Ethiopia announce new tenders

FRANKFURT. The wheat markets showed further downward corrections. The focus was set on the new crop, with significantly higher expectations in India and also Australia following the poor crop of last year. The price decline in Russia also put pressure on wheat prices in Paris. Nevertheless, there were new wheat tenders from Morocco and Ethiopia.
Organic
Dried Fruit
Mar 3, 2020

Dried figs: rising demand for organic figs

AYDIN. Weekly exports of dried figs exceed last year's level. While exporters should be sufficiently covered for future deliveries, commodity stocks are slowly running short.
Oilseeds
Mar 3, 2020

Pumpkin seeds: delayed export releases

PEKING. In many Chinese pumpkin seed factories, work could be resumed by now. While the logistical infrastructure is no longer a problem, delays are occurring in a different area.
Nuts
Mar 3, 2020

Pine nuts: exporters are waiting for new commodities

PEKING. Chinese exporters continue to lack raw materials. Market players currently reckon that bottlenecks will continue to occur in the coming weeks and...