Blue poppy seeds: sowing forecast seems confirmed

May 3, 2021 at 3:57 PM , Der AUDITOR
Play report as audio

CHRUDIM/ANKARA. Czech poppy seed farmers are taking advantage of the current situation and hold back their supplies. At the same time, market players are confident about the acreage for the 2021 crop.

Good demand keeps prices up

Czech market players continue to report comparatively high demand. Farmers are taking advantage of this and are holding back their supplies, which is having an impact on spot offers. Czech blue poppy seeds arecurrently traded at prices of EUR 1.91-1.96/kg FCA Czech Republic. However, the higher the desired quality, the more difficult the goods are to procure. Meanwhile, export prices for poppy seeds from Turkey are trending somewhat lower. Blue poppy seeds with less than 20 ppm morphine are available from USD 2.70

View related articles

Go to the News Overview
Grains
Nov 1, 2024
BRUSSELS. Russia’s failed attempt to drive up wheat prices has slowed shipments. Ukraine’s corn exports are 18% up. Rain has prompted sowing to gain pace for soybeans in Brazil and Argentina. Rumour has it that China will slash retaliatory tariffs on Canada's canola.
Oilseeds
Oct 31, 2024
OTTAWA. Although the Canadian flaxseed crop is smaller than in recent years, market players are currently reporting high demand from China. The EU could also be an interesting sales market this season if the export potential was not limited.
Oilseeds
Oct 31, 2024
OTTAWA. The Canadian mustard seed harvest has so far resulted in lower yields than initially hoped for, but the crop result remains significantly better than in previous years.
Oilseeds
Oct 30, 2024
SOFIA/DALIAN. Disappointing crops in the European sunflower seed market are driving some suppliers to take drastic measures. In the Chinese market, however, the new crop is causing prices to fall.