News overview & archive

First GDT auction in October 2020: + 2.2% on average; Butterfats with a strong boost The first Global Dairy Trade (GDT) auction in September 2020 confirmed an upward trend with an average result of + 2.2% . After the two milk powders set the tone in the pre-auction, this time it is the butter fats that were instrumental in driving the share price…

Oil seed market: the prices are oriented upwards. The International Grain Council estimates the global soy harvest in 2020/21 to be 372.5 million t (previous year 338 million t), somewhat lower than in the previous month. The main cause is the reduced expectations in the USA with only 116.5 million t . Global consumption is classified at 369.5…

Updated harvest estimates: IGC World: Wheat unchanged - Corn lower - COCERAL-EU-27: Less grain In its latest September estimate, the International Grains Council (IGC ) forecasts a largely constant high global wheat supply with a slight increase in stocks. Weaker harvests in the EU and the USA are more than offset by higher results in Russia and…

Second GDT auction in Sep. 2020: + 3.3% on average; Milk powder in the plus The second September 2020 auction of Global Dairy Trade (GDT) shows an upward trend with an average result of + 3.3% . The result is characterized by strong additions in the milk powder area. Pure butter also scores consistently positive. With 33 791 t handling volumes have…

ASP case in Germany: it was a matter of time. The confirmed ASP discovery of an already decayed wild boar carcass on German soil near the Polish border raises the question of future German export opportunities. A distinction must be made between EU internal market and third country trade. In the case of the EU internal market , the regionalization…

Oilseeds: USDA corrects oilseed harvest 2020 - soy in the USA cut back The most recent September 2020 estimate by the US Department of Agriculture (USDA) showed a global oilseed harvest of 609 million t or approx. 5.7% higher than in the previous year, but slightly lower than in the previous month. The high proportion of soy largely determines the…

Sep 2020: USDA corrects world grain supply 2020/21 In its 4th estimate of global grain supply 2020/21, the US Department of Agriculture (USDA) corrects production to 2,230 million t. This result is 2.8% above the previous year. On the consumption side, 2,211 million t or an increase of 2% are predicted. This results in final stocks of 666 million t…

First GDT auction in Sep. 2020: - 1.7% on average; only skimmed milk powder in the plus The first September 2020 auction of Global Dairy Trade (GDT) again closes with a negative average result of -1.0% . The result is again characterized by inconsistent surcharges and discounts in the delivery dates. With 35,656 t the envelope amounts to Vorauktion…

BMEL: Preliminary official rapeseed harvest report 2020 - Soy courses with strong buoyancy The Federal Ministry of Agriculture (BMEL ) has based on the cultivation surveys of the Stat. Federal Office and yield determinations on approx. 740 rapeseed fields calculated the German rapeseed harvest at 3.51 million t . The result is approx. 24.4 % better…

BMEL: Harvest Report 2020 As of August 28, the Federal Ministry of Agriculture (BMEL), on the basis of almost 7,000 yield samples and the area surveys of the Stat. Federal Office determined a preliminary official grain harvest of 42.9 million t. This is -3.1% less than in the previous year, compared to the five-year average - 6%. The decisive…

COCERAL further reduces the EU-28 grain harvest to 295.5 million t, for the EU-27 276 million t apply. The umbrella association of European grain and oilseed traders (COCERAL) estimates the EU-28 grain harvest in its August issue -5% lower to 295.5 million t compared to the previous year. With a reduced cultivation area, the lower yield of 57.7 dt…

COCERAL further reduces the EU-28 grain harvest to 295.5 million t. For the EU-27 276.2 million t apply. The umbrella association of European grain and oilseed traders (COCERAL) estimates the EU-28 grain harvest to be -5% lower to 295.5 million t in its Aug edition Previous year. With a reduced cultivation area, the lower yield of 57.7 dt / ha on…

MARS: Yield estimates 2020 mostly corrected downwards In its Aug report, the Agrometeorological Institute of the EU Commission (MARS) corrected the yield estimates slightly compared to the previous month. In a five-year comparison, the winter fruits performed below average, while the summer fruits performed above the five-year average. Total grain…

Second GDT auction in Aug 2020: - 1.7% on average; only skimmed milk powder in the plus The second Aug 2020 auction of Global Dairy Trade (GDT) again closed with a negative average result of -1.7%. The result is characterized by inconsistent surcharges and discounts in the delivery dates. With 31,331 t the handling volumes are only slightly fallen…

Harvest estimate by the DBV: Harvest 2020 again graduated The German Farmers' Association (DBV) has lowered the grain harvest in 2020 for the third time. The threshing results vary in a very wide range even on a small area. On the less water-retaining locations, the May / June drought combined with additional frost caused considerable damage. Some…

Aug. 2020: USDA forecasts increasing world grain supply in 2020/21 In its third estimate of global grain supply in 2020/21, the US Department of Agriculture (USDA) increases production to 2,230 million t. The result is 2.7% above the previous year. On the consumption side, 2,210 million t are predicted or an increase of 1.9%. This results in an…

Oilseeds: USDA increases oilseed harvest in 2020 - soy grows sharply The latest Aug. 2020 estimate by the US Department of Agriculture (USDA) showed a global total harvest of 610 million t or approx. 5.7% higher than in the previous year. The increased soybean harvest with an increase of 9.8% played a decisive role in this. The global rapeseed…

DRV harvest estimate: just under the multi-year average, but below the previous year In its Aug. 20 issue, the German Raiffeisen Association (DRV) rated the German grain harvest somewhat lower than in the previous month. The reason is the downward revised cultivation areas according to the surveys of the Federal Statistical Office. The returns have…

First GDT auction in Aug 2020: - 5.1% on average; Milk powder pulls down The first Global Dairy Trade (GDT) auction in July 2020 closes again with a negative average result of -5.1%. This will interrupt the previous upward trend. This time the two milk powders were decisive in the price discount. At 32,696 tonnes , the volume handled increased by…

China doubles its pork imports - EU holds 57% The ASP-related loss of pork production in China is trying to mitigate by increasing imports. In the first half of 2020, the country imported around 3 million t of pork measured in product weight. That is approx. twice as much as in the two previous years. The EU has with approx. 1.65 million tonnes…

OECD FAO study: Pork production and -Consumption medium term measured by the average for the years 2017-19, the current pig meat market suffered a significant setback. The cause is the African swine fever (AFP), which has led to a halving of the herd in China , the world's largest production area. But the disease has also affected other Asian and…

MARS: Improved yield prospects, especially for summer crops in Europe The agricultural meteorological institute of the EU Commission (MARS) corrected the yield prospects for the previous month in its July report. The most recent rainfall has contributed significantly to the fact that favorable conditions prevailed in the crucial grain filling phase…

IGC estimates higher soybean production - good prospects in the USA - record harvest in Brazil In July, the International Grains Council (IGC) increases its previous month's soybean estimate to 365 million tonnes. The global soybean harvest is around 27 million . t above the previous year's level. Consumption is estimated at 364.5 million tons…

IGC cuts global grain harvest 2020/21 from the previous month - less wheat and corn The international grain council (IGC) in its monthly July edition has corrected the global grain harvest significantly downwards compared to previous estimates. Global grain production is estimated at 2,225 million tons . That is 12 million t less than in the…

USDA: Global milk production increases by 1.5% in 2020 - China is the world's largest importer According to estimates by the United States Department of Agriculture (USDA), cow's milk production in major countries will increase by 1.5% in 2020. The EU with 156 million tons belongs to the really big milk producers, the USA with approx. 100 million…

Second GDT auction in July 2020: - 0.7% on average; Butter prices pull down The second Global Dairy Trade (GDT) auction in July 2020 ends with a negative average result of -0.7%. This will interrupt the previous upward trend. The decisive factor in the discount was the butterfat. At 23,955 t , sales are back at a reduced level. Whole milk powder…

July 2020: DRV corrects rape harvest estimate 2020 to only 3.21 million t In its latest July estimate, the German Raiffeisenverband (DRV) has cut the German rapeseed harvest to 3.21 million t. The result is around 14% better than in the previous year, but remains significantly behind a 5-year average. The stat . The area under cultivation…

DRV harvest estimate: slightly better than feared - barley weak - corn strong The German Raiffeisenverband (DRV) rated the German grain harvest slightly better in the July edition than in the previous month. The reason is better than expected area yields due to the recent rainfall. In particular, the late-ripening cereals such as wheat and corn…

USDA corrects global pork production in 2020 In the latest July report, the US Department of Agriculture (USDA) estimates that global pork production in 2020 in the world's key production areas is just under 96 million t lower than in previous years. Compared to the starting year 2018 with the start of the ASP in China, production in the current…

USDA downgrades higher oilseed production in 2020/21 from the previous month In its July estimate, the US Department of Agriculture (USDA) increased the oilseed harvest 2020/21 by 4.7% year-on-year to approx. 604 million t forecast. However, a slight decrease is predicted compared to the previous month's estimate. However, the final inventory will…

USD estimate cuts global grain production 2020/21 - wheat prices rise, US corn prices not In its July 2020 estimate of the global grain market 2020/21 , the US Department of Agriculture (USDA) cut production to 2,228 million tonnes a month earlier. However, this result is still 2.75% above the previous year. On the consumption side, 2,205 million…

First GDT auction in July 2020: +8.3% - whole milk powder driving factor The first July 2020 auction of the Global Dairy Trade (GDT) continues the upward trend of the pre-auctions with an increase of +8.3% . The main driving force is whole milk powder with a double-digit surcharge. At 25,688 t , sales are on the increase again. Whole milk powder…

Perspectives on German pig farming against the background of the animal husbandry regulations Over the past 10 years, sow farming in Germany has been around 21.4% decreased. This structural change took place primarily in the southern German states of Bavaria, Baden-Württemberg, Rhineland-Palatinate and Hesse, which have lost between 40 and 50% of…

USDA: Acreage Significantly Lower - High Inventories - Rising Market Prices The acreage survey by the US Department of Agriculture (USDA) as of July 1, 2020 delivered a surprising result. Compared to the cultivation intentions as of March 1, 2020, US farmers have restricted corn cultivation by 5.4%. This would mean that, with the same yield…

German farmers 'association estimates grain harvest in 2020 again lower At the end of June 2020, the German farmers' association (DBV) only estimates the German grain harvest at approx. 42.6 million tons . The forecast is 3.7% below the weak previous year and significantly below the multi-year average. The forecast is based on the information…

IGC rates global grain supply even higher - stock market prices are inconsistent In its June edition, the International Grains Council (IGC) again estimated that global grain production in 2020/21 was 2.8% higher at 2,237 million tons compared to the previous year. Consumption is only expected to be 1.7% higher at 2,217.6 million t . From this, an…

Pig and sow populations in Germany are shrinking considerably. According to the latest cattle survey in May 2020, only 25.375 million pigs were counted in Germany. At the same time in 2015, there were still 28.1 million animals in the stables. The decline in stocks continues until recently. In May of the previous year, 2.6% more pigs were counted…

Second GDT auction in June 2020 improved the average result of the pre-auction. The second June 2020 auction of the Global Dairy Trade (GDT) improved the pre-auction result with an increase of +1.9 % on average. However, the forward prices of the individual products show differences. At 21,410 t, sales remain stable at the seasonal low level. Whole…

MARS corrects yield forecasts for the EU harvest 2020 between -2.2 to + 2.1%. The Agricultural Meteorological Institute of the EU Commission (MARS) has corrected its monthly yield forecasts based on the current climate data analysis. For cereals as a whole, there were no changes compared to the previous month, but the average yields are -3.7% below…

USDA estimates higher oilseed production in 2020/21 and even higher consumption - prices inconsistent In its June estimate, the US Department of Agriculture (USDA) increased the oilseed harvest 2020/21 by 5.3% year on year to approx. 606 million t forecast. However, the final inventory will decrease slightly due to an even stronger increase in…

USDA predicts increasing global grain supply in 2020/21 In its second estimate of grain supply in 2020/21, the US Department of Agriculture (USDA) increases production to 2,258 million tonnes. This result is 3.8% above the previous year. On the consumption side, 2,210 million tons are predicted or an increase of 1.9%. This results in an increase in…

COCERAL corrects the EU-28 rapeseed harvest downwards to 16.5 million t. In its June edition, the umbrella organization of European grain and oilseed traders (COCERAL) estimates the EU-28 rapeseed harvest by around 2.56% lower to 16.5 million t - compared to the previous year. The 2.63% reduction in acreage contributes significantly to the result…

COCERAL downgrades the EU-28 grain harvest to 299.1 million tons. In its June edition, the umbrella organization of European grain and oilseed traders (COCERAL) estimates the EU-28 grain harvest to be -4% lower at 299.1 million tons compared to the previous year. With a somewhat reduced acreage, the lower yield of 54 dt / ha on average (previous…

First GDT auction in June 2020 claimed average result of the pre-auction. The first June 2020 auction by Global Dairy Trade (GDT) maintained the pre-auction result with an increase of + 0.1% on average. However, the forward prices of the individual products show considerable differences. At 21,968 t, sales are on the up again. Whole milk powder…

IGC corrects the 2020/21 soybean downwards - good supply situation - low prices The International Grains Council (IGC) estimates the soybean harvest of the 2020/21 marketing year to be only 3.7% higher than in the weak previous year. This means that the production level is back in the multi-year trend. The main causes are the two largest growing…

IGC estimates world grain supply somewhat higher - stock prices are picking up again The International Grains Council (IGC) increased the global grain supply 2020/21 again in its May issue. Production is estimated to be 2.2% higher than the previous year at 2,230 million tons . Consumption is only expected to be 1.6% higher at 2,218 million tons…

USDA: Preview of the US Pork Market The Department of Agriculture (USDA) released a corrected preview of the US pork market on May 18, 2020. The Covid19 pandemic has caused significant drops in pork production, processing and consumption. In April 2020 alone , production fell by approx. 11% back compared to last year. The beef industry was hit even…

Second GDT auction in May 2020 ended with an increase of 1% The second May 2020 auction of the Global Dairy Trade (GDT) fully offset the decline in the pre-auction with an increase of +1%. The high surcharges for skimmed milk powder contributed significantly to the result; pure butter is also impressive. At 16,787 t, sales are in the usual seasonal…

MARS cuts yield forecasts for the EU harvest 2020 between 1 to 5% The agricultural meteorological institute of the EU Commission (MARS) has adjusted its monthly yield forecasts downwards based on the climate data evaluation. The winter seeds were hit hardest. Rapeseed yields were estimated to be 6.1 lower than in the previous month. Winter barley…

DRV: Corrected rapeseed harvest estimate 2020 - 3.25 million t In its latest estimate of the German rapeseed harvest, the German Raiffeisen Association (DRV) comes to 3.25 million tons. The result is approx. 15% better than last year, but remains significantly behind a 5-year average. The acreage determined by the Federal Office of Statistics is 11…

DRV: Corrected harvest estimate 2020 - 44.6 million tons In its latest estimate of the German grain harvest, the German Raiffeisen Association (DRV) comes to 44.6 million tons. The result is only slightly better than in the previous year, but remains behind a 5-year average. The acreage is 2.2% below the previous year in 2020, but will be offset by…

USDA estimates higher oilseed production in 2020/21 and even higher consumption In its May estimate, the US Department of Agriculture (USDA) increased the oilseed harvest 2020/21 by 5.3% year on year to approx. 606 million t forecast. However, the final inventory will decrease slightly due to increasing consumption, but will still remain at a…

USDA predicts increasing global grain supply in 2020/21 In its first estimate of the grain harvest in 2020/21, the U.S. Department of Agriculture (USDA) forecasts production of 2,250 million tonnes. This result is 3.7% above the previous year's result. On the consumption side, 2,207 million tons are predicted or an increase of 1.8%. This results in…

First GDT auction in May 2020 ended with moderate discounts of -0.8% points The May 1, 2020 auction of the Global Dairy Trade (GDT) ended with an average of - 0.8% . In view of the current Coronavirus faults , the result can be categorized as tolerable. While the powdered milk prices were able to hold their own, the butter prices fell noticeably…

IGC corrects global soybean harvest 2020 slightly downwards - good supply situation remains The international grain council (IGC) has reduced its current estimate of world soy production slightly downwards to 364 mln t compared to the previous month. The triggers are Brazil with a higher harvest and the USA with a slightly lower expectation of…

IGC estimates world grain harvest and consumption in 2020 is lower than in the previous month - The International Grains Council has 2020 Apr. edition the world grain harvest in 2020 from the previous month slightly lower t estimated in its most recent on 2,218 million. The decline is primarily due to lower wheat production, while global corn…

MARS estimates cereal yields in 2020 despite a lack of precipitation only slightly lower, the Agricultural Meteorological Institute of the European Commission (MARS) is reduced in its recent publication, the expected yield per unit area on average in the EU Member States only very slightly compared to the previous month estimate. The evaluation of…

EU-KOM Short Term Outlook: robust EU pork market 2020 In its forecast for 2020, the EU Commission (EU-COM) considers the pork market to be very resilient to the turmoil caused by the Covid19 pandemic. The forecast is based on the EU-27 figures, i.e. excluding the UK, which is considered a third country. The market experts expect a slight increase…

GDT auction in Apr. 2020 ended with average discounts of -4.2% The second Apr. 2020 auction of the Global Dairy Trade (GDT) ended with an average result of - 4.2% . In addition to the other dairy products, the cuts in pure butter in particular contributed to the result. At 20,601 t, sales remained at the reduced level of the pre-auction. Whole milk…

DRV corrects German rapeseed harvest - lack of rainfall, frost and insect damage The German Raiffeisenverband (DRV) is revising its rapeseed harvest forecast downwards due to the recent unfavorable growth conditions. Compared to the previous month's estimate, production of 3.34 million tonnes is now assumed. Compared to the weak previous year, this…