Blue poppy seeds: tough anti-coronavirus measures impact prices

October 22, 2020 at 11:04 AM , Der AUDITOR
Play report as audio

CHRUDIM/ANKARA. The two-week lockdown imposed in the Czech Republic as of Thursday has given rise to a high degree of uncertainty in the blue poppy seed market. Traders report that market developments are quite different this year.

Good production confirmed

The official poppy seed production estimate recently issued by the Czech Statistical Service is in line with expectations. At 29,000 mt production ranges more than 4,500 mt higher than last year and is the best result recorded in recent years. Although rain has impacted quality in some places, it is in general said to be good.

Poppy production, Czech Republic

Year

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.