Buckwheat - the new gold of agriculture?

September 23, 2020 at 2:42 PM , Der AUDITOR
Play report as audio

WARSAW/PEKING. Buckwheat is becoming scarce; market players from different growing countries report declining production volumes and discuss the matter.

Buckwheat is not very profitable

Chinese exporters reported that buckwheat yields in the main growing region have declined by 50% this year. Prices are trending strongly upwards and are regularly withdrawn and then raised again. Market experts from Russia, Lithuania and Poland also report declining yields and expect a higher price level for the 2020/2021 season.

According to FAO, the Polish buckwheat crop has fluctuated between 90,000 mt and 110,000 mt in recent years. This year the result is expected to be lower, but unlike in China this

View related articles

Go to the News Overview
Organic Commodities
Nov 12, 2024
ASUNCIÓN. As yields dropped to shockingly low levels for chia seeds in South America, the new season started off with a shock for the market. Silver lining is that things may change in December.
Grains
Oct 31, 2024
DALIAN/KYIV. Smaller acreages are causing a significant drop in production in Ukraine. Meanwhile, the EU was able to increase its total imports by 12% thanks to increased shipments from Kazakhstan.
Grains
Oct 30, 2024
DALIAN/KYIV. The new crop is causing prices to fall in China. In Ukraine, the average yield per hectare of the 2024 millet crop has fallen by 18% compared to last year.
Grains
Oct 17, 2024
LIMA. Favourable weather conditions and larger acreages led to an increase in quinoa production in Peru this year. In some regions, the crop was 85-90% larger than last year.