Buckwheat: growers' tactics are not working out

March 1, 2023 at 2:40 PM , Der AUDITOR
Play report as audio

DALIAN. There is little change in the Chinese buckwheat market at present, and farmers' hopes for price increases have not yet been fulfilled. In Ukraine, the acreage could increase again in 2023.

Weak demand in China

The situation in the Chinese buckwheat market has changed little from the time before Chinese New Year, with farmers still reluctant to sell and holding back a large part of their goods. According to Chinese traders, supplies are relatively low, so growers are probably hoping to raise prices with their tactics. So far, however, they have had little success, because over the last four weeks, prices for conventional buckwheat from China have fallen by as much as USD 20/mt and are currently at USD 1,150/mt FOB Dalian. This is mainly due to the weak

View related articles

Go to the News Overview
Grains
Apr 1, 2025
KYIV/DALIAN. Low demand is causing buckwheat prices in the Chinese market to fall again. In Ukraine, the acreage is expected to be lower than originally anticipated.
Grains
Apr 1, 2025
KYIV/DALIAN. Farmers in Ukraine have started sowing the spring crop. However, the millet acreage is expected to be even smaller than previously assumed.
Grains
Mar 5, 2025
DALIAN/KYIV. Chinese market players are keeping an eye on sowing for the coming crop. In Ukraine, lower acreages are expected from the outset.
Grains
Mar 4, 2025
DALIAN/MOSCOW. Low demand is putting pressure on prices on the Chinese market. Meanwhile, Russia has achieved significantly lower millet production in the current 2024/2025 season than in the previous year.