Price: €11.00
Member Price: €0.00

Grains and oilseeds: estimates prompt scepticism

April 5, 2024 at 12:20 PM , Der AUDITOR
Play report as audio

BRUSSELS. Ukrainian wheat will not be subjected to import restrictions in the EU and US traders are sceptical about recent estimates for corn. Uncertainty prevails over Brazil’s soybean crop and the EU will need to import more rapeseed from Ukraine and Australia.

EU import restrictions do not apply for wheat

US wheat is profiting from a weaker US dollar and rising export prices in Russia. Although SovEcon estimates that stocks range at 5.6 million mt in southern Russia, which is 12% up in last year, the lack of rain in this part of the country has driven up quotations. Abundant rain and low temperatures are, by contrast, creating problems in northwestern Europe. Floods may very well occur in France and in the UK. Traders expect UK imports to rise to 2 million mt in the current financial year.

Brussel’s demand f

View related articles

Go to the News Overview
Oilseeds
Apr 17, 2025
NEW DELHI/MAPUTO. While the Indian sesame seed market is struggling with cash problems, farmers in Mozambique have had a promising start to the season. Brazil wants to expand its trade with China.
Grains
Apr 16, 2025
LIMA/SUCRE. The quinoa harvest in Peru and Bolivia is expected to gain momentum at the end of April, and the prospects are certainly positive. Demand in the EU is also increasing noticeably, and the two South American countries are the most important suppliers here.
Oilseeds
Apr 16, 2025
SOFIA/KYIV. The sunflower seed market is largely quiet. Sowing is underway in the European growing countries. High prices are slowing down trading activity.
Oilseeds
Apr 16, 2025
OTTAWA/ASTANA. Market experts are sceptical about Agriculture and Agri-Food Canada's low cultivation forecast. In the Kazakh flaxseed market, prices are maintaining the higher levels of recent weeks.