Blue poppy seeds: surprising price reductions

December 2, 2020 at 4:14 PM , Der AUDITOR
Play report as audio

CHRUDIM. Farmers and traders in the Czech Republic still have so many unsold blue poppy seeds that there have been noticeable price reductions - a circumstance that is extremely unusual at the end of the year.

Many goods and low sales

In the Czech Republic, an exceptional turn of events can be observed on the blue poppy seed market: some farmers have decided to sell as much as possible before the end of the year. This is unusual at the end of the year, as farmers usually want to save taxes and therefore prefer to put their sales in January or February. This year, however, the situation is different, as the biggest crop of the last years with a volume of 29,000 mt meets extremely weak demand - one trader told the AUDITOR editorial staff that he cannot rememb

View related articles

Go to the News Overview
Nuts
Nov 25, 2024
NEW DELHI/BUENOS AIRES. Prices for Indian peanuts are currently volatile and there is disagreement as to whether they will rise or fall in the coming weeks; both seem possible. Argentine market players are facing numerous challenges.
Grains
Nov 22, 2024
BRUSSELS. With the war in Ukraine taking new terrible turns concerns are growing that wheat and corn will be impacted. Rumour has it that France exported much more wheat to Morrocco than official figures suggest. US soybean exporters depend much less on China than one may think. Euronext rapeseed futures have slipped.
Oilseeds
Nov 21, 2024
NEW DELHI/BRASÍLIA. India's sesame seed exports increased significantly in volume terms in October 2024, while the export value rose only moderately due to lower prices. Despite a smaller crop, the recent price declines could be only temporary.
Oilseeds
Nov 21, 2024
CHRUDIM. Larger acreages and higher yields have significantly increased the Czech blue poppy seed crop this year. This has ensured that prices have become noticeably more favourable again compared to previous years.