Grains and oilseeds: worries over new plague in Argentina

September 6, 2024 at 1:25 PM , Der AUDITOR
Play report as audio

BRUSSELS. Australia may have put the wheat market in Asia under pressure but the situation is different in Russia and the EU. Drought and cicadas are a worry for corn. Argentina’s farmers will switch to soybeans. In a standoff with Canada China has issued an anti-dumping investigation concerning canola.

Bridging the gap between good and bad wheat crops

While competition is turning fierce in the market in Asia due to improved crop projections in Australia, the opposite is the case in Russia and in the EU. Prompted by received rainfall in the most important growing areas ABARES has raised the projection for Australia’s wheat crop by as much as 2.7 million mt to 31.8 million mt. Last year’s production stood at 26 million mt. SovEcon has, by contrast, reduced the crop estimate for Russia by 800,000 mt to 82.5 million mt. Expectation is also that EU wheat ex

View related articles

Go to the News Overview
Oilseeds
Mar 27, 2025
NEW DELHI/DODOMA. With the coming summer crop, the Indian sesame seed market lacks any basis for rising prices. In Tanzania, farmers have completed sowing.
Oilseeds
Mar 26, 2025
BUCHAREST/SOFIA. Sunflower seeds are about to be sown in European countries. Good weather conditions and high prices might be an incentive for larger acreages.
Nuts
Mar 24, 2025
NEW DELHI/BRASÍLIA. The peanut harvest in Brazil is about halfway through and growers are satisfied in terms of quantity and quality. In India, prices have fallen slightly.
Oilseeds
Mar 20, 2025
NEW DELHI/ISLAMABAD. Sowing is progessing well for sesame seeds in India. The area sown is similar in size to last year. Pakistan ranks amongst the top three suppliyng countries in China. India has gained market shares in the EU as recent import statistics show.