News overview & archive

USDA increases oilseed production in 2021/22 and rising consumption In its Nov estimate, the US Department of Agriculture (USDA ) forecast the oilseed harvest in 2021/22 to be 4.1% higher to around 628 million t (previous year 603 million t). Consumption is expected to grow from 509 to 527 million t. gain weight. The final stock is estimated at an…

USDA cuts global wheat supply again, increases corn stocks In its Nov. 2021 edition, the US Department of Agriculture (USDA) estimated the world grain harvest in 2021/22 to be a little higher than in the previous month at 2,274 million t. Global consumption is also set to be somewhat higher at 2,278 million t. The inventories remain at around 605…

GDT auction in Nov. 2021: + 2.2% on average In the Nov. 1, 2021 auction of Global Dairy Trade (GDT), the prices were increased again by + 4.3% compared to the pre-auction. The upward trend continues in all sectors. The largest price increases are achieved with skimmed milk powder. The handling volumes increase due to seasonal factors continue, but…

Turnaround in China's pork production Around half of the world's pork is produced and consumed in China. In comparison, EU production is around 25% and the USA accounts for around 12% of global pig farming. The nationwide spread of African swine fever (ASF) in China led to a collapse in annual pork production in 2020 from the original almost 56…

IGC: Rising soy supply in 2021/22 The International Grains Council (IGC) assessed the global supply situation in the soy sector as higher in its October issue. The global soybean harvest is now just under 380 million t (previous year 366 million t). Consumption is estimated at 376 million t (previous year 361 million t). This results in a final…

Oct 2021: IGC corrects world grain supply slightly upwards in 2021/22 In its October 2021 edition, the International Grain Council (IGC) estimates the global grain harvest to be 2,290 million t or 1 million t higher than in the previous month. Compared to the previous year, the result is + 3.4% higher. Consumption is estimated to have increased…

. GDT auction in October 2021: on average + 2.2% In the 2nd October 2021 auction of Global Dairy Trade (GDT) the prices were increased by an average of + 2.2% after the zero round in the pre-auction. The upward trend continues in all sectors. The greatest price increases are achieved with normal butter. The throughput volumes continue to rise due…

USDA Report: The Pork Market Relaxes In 2022 Global pork production increased significantly by 11% in 2021. The main increases took place in China. With the growing Chinese self-sufficiency, imports have declined. The pig prices in China, which have fallen to less than half, have left their mark on all exporting countries in the world. After the…

Oil seed market: Improved situation in the oil seed market, but rapeseed remains scarce and expensive The US Department of Agriculture (USDA) revised global oil seed production slightly downwards in its latest October estimate. Compared to the previous year, generation is even 4.3% higher. Consumption is expected to increase by 3.5% year-on-year…

USDA cuts global wheat supply, increases corn stocks In its October 2021 edition, the US Department of Agriculture (USDA) estimated the world grain harvest in 2021/22 to be a little lower than in the previous month at 2,270 million t. Global consumption is also estimated to be somewhat lower at 2,273 million t. The inventories fall to 605 million t…

GDT auction in Oct. 2021: 0.0% on average In the 2nd September 2021 auction of Global Dairy Trade (GDT) the prices were changed by an average of + 0% . The expected upward trend will not continue in all sectors. Whole milk powder with a market share of more than 50% fell by -0.4% while the other products rose between 0.4 and 0.5%. The throughput…

Fertilizers are becoming even scarcer and prices continue to rise. Fertilizer is becoming scarce and prices are rising. KAS costs almost € 400 / t at the German import ports at the beginning of October, AHL is traded for € 320 / t and urea prices are around € 600 / t. The cause of the extreme price increase is the rise in energy prices, with a…

Pork prices in the deep valley - beef prices in the heights - How does that fit together? At the end of Sep 2021, pig prices dropped to 1.25 € / kg (in a wide range from 1.20 to 1.30 € / kg), while at the same time the R3 bull prices fell to 4.16 € / kg in a narrow range from 4.15 to 4.21 € / kg show further increasing tendencies. What's behind it…

IGC estimates in Sep. 2021 World grain supply again slightly better in 2021/22 In its September 2021 edition, the International Grain Council (IGC) estimates the global grain harvest to be 2,288 million t or 5 million t higher than in the previous month. Compared to the previous year, the result is + 3.4% higher. Consumption is estimated unchanged…

GDT auction in Sep. 2021: further upward trends: +1% In the 2nd September 2021 auction of Global Dairy Trade (GDT), prices were increased by an average of + 1% . The expected upward movement continues, somewhat weaker. The surcharges for whole milk powder are leading. Normal butter has to give up some of the previous surcharges. The handling…

Mars increases yield prognoses for maize in the EU with regional differences The agrometeorological institute of the EU (MARS) has increased the yields for maize and other summer cereals compared to earlier prognoses in its latest Sep.21 publication. The basis is provided by climate data that is closely related to the area yield. Years of…

Oilseeds market: Improved situation in the oilseed market, but rapeseed remains scarce and expensive The US Department of Agriculture (USDA) has increased global oilseed production slightly compared to the previous month in its latest September estimate. Compared to the previous year, however, generation is almost 6% higher. Consumption is expected…

USDA estimates world grain supply somewhat more favorable than in the previous month, the US Department of Agriculture (USDA), in its edition Sep.2021 the world grain harvest 2021/22 to 2,277 million tonnes estimated slightly higher than in the previous month. Global consumption is also set to be somewhat higher at 2,279 million t. The inventories…

GDT auction in Sep. 2021: The upward phase continues In the September 1st, 2021 auction of Global Dairy Trade (GDT), prices were increased by an average of + 4% . The expected upward movement continues. The surcharges for skimmed milk powder are leading. The other products also move in up mode. Butter again showed strong price increases. The…

StatsCan: Canada's 2021 rapeseed harvest will fall 25% year-on-year. The latest Canadian rapeseed harvest estimate is 14.7 million t or around 25% worse than in the already weak previous year. In the previous month's forecast, 16 million t were assumed. For comparison: in the peak year 2017/18, around 22 million t were harvested. The background to…

US Department of Agriculture: China's pork production will decline in 2022 The reconstruction of Chinese pork production after the ASF slump in 2018/19 is not going smoothly. Although it was possible to increase in-house production from 36 million t to 44 million t in 2021, it still lags behind the starting level before the ASP period of 54 million…

BMEL, DRV, DBV almost unanimously estimate the German rapeseed harvest in 2021 at 3.5 million t.The German rapeseed harvest is estimated by the Federal Ministry of Agriculture (BMEL), the German Raiffeisen Association (DRV) and the German Farmers Association (DBV) with insignificant deviations on the order of 3, 5 million tons estimated. This means…

Aug. 2021: IGC shortens world grain harvest 2021/22 with the previous month - supply close The International Grains Council (IGC) estimates in its Aug.-2021 edition of the global grain harvest to 2,283 million tonnes, or 12 million t small it than the previous month . Compared to the previous year, however, the result remains + 3.2% higher…

BMEL: preliminary harvest report for grain 42.09 million. The Ministry of Agriculture (BMEL) is presenting the preliminary harvest report for 2021. The results are based on the cultivation surveys of the Federal Statistical Office as well as the yield determinations of the so-called “special harvest determination” with around 10,000 yield samples…

MARS is pulling back the yield prospects for the EU harvest in 2021 a little. In its Aug.21 issue, the Agrometeorological Institute of the EU Commission (MARS) predicts slightly lower grain yields on average for the 2021 harvest. But the results are very different in the individual regions. The basis is the evaluations of the current climate data…

Rap prices soaring - why and for how long? The rapeseed prices on the Paris stock exchange have risen from 375 to over 550 € / t since the beginning of the year. The producer prices are only slightly behind this development. In Canada, the price increases to 600 € / t were even greater. Why does this development, which has been unusual for years…

GDT auction in Aug. 2021: start of an upward phase? In the Aug. 2, 2021 auction of Global Dairy Trade (GDT), prices were increased by an average of + 0.3% . There is hope of an upward trend. Whole milk powder , however, remains weak. The remaining products in upward mode. Butter again with heavy surcharges. The throughput volumes are smaller, but…

DRV cuts grain harvest to 42.9 million t The German Raiffeisen Association (DRV) has reduced the German grain harvest to 42.9 million t in its sixth and, for the time being, last estimate, compared to the July forecast of 43.8 million t. The decisive reason is the weather-related weak ear and grain formation. The stat. The cultivation areas…

Oilseeds market: improved situation in the soy sector - rapeseed remains scarce and expensive In its latest August estimate, the US Department of Agriculture (USDA) cut global oilseed production by almost 1% compared to the previous month. Compared to the previous year, however, generation is almost 5% higher. Consumption is expected to increase by…

USDA cuts world grain harvest compared to previous month's estimate - stocks are falling In its latest publication, the US Department of Agriculture (USDA) estimated the world grain harvest in 2021/22 to be 2,261 million t lower. Worldwide consumption is estimated at 2,272 million t. As a result, stocks will be reduced significantly to 590 million…

DBV reduces harvest estimate due to low threshing results The German Farmers' Association (DBV) corrects its earlier harvest estimates downwards based on the threshing results currently recorded in the regional associations. The barley harvest, which is almost complete, only has an area yield of 71 dt / ha; The decisive reason is the small grain…

GDT auction in Aug. 2021: on average -1% weaker, but butterfats in the clear plus In the August 1st 2021 auction of Global Dairy Trade (GDT), prices were reduced by an average of -1%. The price decline has been continuing since mid-March 2021. The fallen prices for whole milk powder were the decisive factor once again. In contrast, significant…

IGC cuts global grain production and supplies compared to the previous month The International Grain Council (IGC) estimates global grain production and consumption to be somewhat lower than in the previous month in its latest July issue. Compared to the previous year, an increase of + 3.7% is predicted. The global grain trade is estimated at 419…

MARS estimates higher area yields in 2021 In its July issue, the Agrometeorological Institute of the EU Commission (MARS) predicts higher grain yields for the 2021 harvest . The basis is the evaluations of the current climate data, which are closely related to area yields. This is based on long-term research results. In the most recent observation…

Milk market 2021: Production increases by 1.3% - China dominates world trade - EU benefits The most recent semi-annual publication by the US Department of Agriculture (USDA) estimates cow milk production in major countries to rise by 1.3% to 541 million tonnes in comparison the previous year. Fresh milk consumption is expected to increase by 1.5%…

USDA estimates higher oilseed production in 2021/22 and even higher consumption In its July estimate, the US Department of Agriculture (USDA) has increased the oilseed harvest in 2021/22 by 5.4% to around 635 million t (previous year 600.5 million t) ) forecast. Consumption is expected to increase to a similar extent. The final stock is estimated…

USDA July 21 estimate: Global pork production will rise 8.6% in 2021. In its quarterly July 2021 edition, the U.S. Department of Agriculture (USDA) estimated global pork production in 2021 to be + 8.6% higher than in the previous year. Production is still around -6.8% behind the ASP outbreak year 2018. Chinese pork production has the decisive…

Global Harvest Estimates in July 2021 USDA's 3rd Grain Harvest Estimation 2021/22: Wheat withdrawn The US Department of Agriculture (USDA) has published its 3rd estimate of the world's grain supply in 2021/22. The first stock exchange prices in the USA rose strongly, in Paris only moderately. The USDA estimates that the total harvest, which was cut…

DBV estimates the grain harvest in 2021 at 45.6 million t - the highest estimate to date The German Farmers' Association (DBV) has estimated German grain production at 45.6 million t. The result is around 5% higher than the previous year, but remains only just about the multi-year average. With a largely unchanged cultivation area overall, the…

GDT auction in July 2021: on average again -3.6% weaker. The first July 2021 auction of Global Dairy Trade (GDT) has continued the decline in GDT average prices at -3.6% since mid-March 2021. The courses for skimmed milk powder tipped the balance. Even concentrated butter could not maintain the level of the pre-auction. The volumes handled rose…

High price increases on the mineral fertilizer market: + 50% since the beginning of the year Contrary to the common decline in fertilizer prices after the end of the main fertilization period in early summer, prices have risen steeply this year. Falling fertilizer prices in the summer months regularly provide the foundation for a cheap early…

Census May 2021: Pig population in Germany continues to decline As of May 3, 2021, 24.6 million pigs were kept in Germany. According to preliminary results, the number of pigs has fallen by 5.5% or 1.4 million animals since the last survey on November 3, 2020. The November 2020 count was strongly influenced by the traffic jam among slaughter pigs…

IGC June 2021: World grain harvest 2021/22 by 3.8% over the previous year - supply is not too plentiful In its June 2021 edition, the International Grain Council (IGC) estimates the global grain harvest to increase again to 2,301 million t or around 3.8% higher compared to the previous year. Consumption is estimated unchanged from the previous…

What do our pig prices have to do with China? Low battle figures in the middle of the barbecue season and the ongoing European Football Championship as well as reopened restaurants have not been able to prevent the VEZG listing from falling from -9 ct / kg to 1.48 € / kg. Even the house prices in the previous week with 1.54 € / kg were undercut…

GDT auction in June 2021: on average again -1.3% weaker. The second June 2021 auction of Global Dairy Trade (GDT) once again had to reduce the price level reached so far by an average of -1.3%. The prices for milk powder with their high market shares were decisive. Only pure butter was able to hold its own at the level of the pre-auction. In line…

DRV estimates the rapeseed harvest in 2021 at 3.67 million t - harvest quantities significantly below previous figures In its 4th edition, the German Raiffeisen Association (DRV) estimates the German rapeseed harvest to be 3.67 million t, somewhat higher than in the previous month. The background to this is the slightly increased yield expectations…

DRV increases harvest estimate for 2021 to average level: 44.2 million t In its 4th harvest estimate, the German Raiffeisen Association (DRV) increased German grain production to 44.2 million t compared to the previous month. The result is around 2% above the previous year. A slight decline in cultivation area of -0.6% is more than offset by the…

USDA estimates higher oilseed production in 2021/22 and even higher consumption In its June estimate, the US Department of Agriculture (USDA) has increased the oilseed harvest in 2021/22 by 5.4% to around 633 million t (previous year 600.5 million t ) forecast. Consumption should increase to a lesser extent. The final stock is estimated at an…

USDA estimate for the 2021/22 grain harvest: wheat at record levels The US Department of Agriculture (USDA) has published its 2nd estimate of the world grain supply in 2021/22. The first stock market reactions were still subdued. The USDA estimates the global total harvest 3.1% higher to 2,291 million t compared to the previous year. This is…

Rabobank: global pork production is growing slowly with rising prices The Dutch Rabobank forecasts a slowly increasing global pork production for the year 2021. The pace of growth is slowed by rising costs, especially for feed, losses due to diseases and uncertainties in the development of demand. In the world's largest production area, China , the…

GDT auction in June 2021: on average again -0.9% weaker. The first Global Dairy Trade (GDT) auction in June 2021 once again had to reduce the price level reached so far by an average of -0.9%. Regular butter experienced another major setback in a row. In line with the usual seasonal development, the handling volumes have remained low. Whole milk…

IGC May 2021: World grain harvest 2021/22 up 3.2% on the previous year - supply remains tight In its May 2021 edition, the International Grain Council (IGC) estimates the global grain harvest to increase slightly compared to the previous month to 2,292 million t or 3, 2% higher compared to the previous year. Consumption is estimated to be 2.7%…

MARS increases yield prospects for EU harvests In its May issue, the Agrometeorological Institute of the EU Commission (MARS) predicts higher winter grain yields for the 2021 harvest . The basis is the evaluations of the current climate data, which are closely related to area yields. This is backed by long-term research results. During the period…

Germany: Fewer and fewer pig slaughtering - prices are rising The weekly slaughter figures in Germany have fallen below the line of 850,000 pigs on average between the beginning of the year and the end of May 2021. In the same period of the previous year 2020, the average was 930,000. The decline began as early as the second half of 2020. The usual…

Current estimates for the rapeseed harvest in 2021 In its latest May issue, the umbrella association of European grain and oilseed traders estimates the EU-27 rapeseed harvest in 2021 at 16.65 million t (previous year 16.12 million t). Higher acreage and slightly higher yields are the decisive factors. However, the increase in production is not…

Coceral estimates EU-27 grain harvest in 2021 up to 291.2 million tonnes (previous year 278.1 million tonnes), the umbrella organization of European grain and oilseed traders (Coceral), in its third advance estimate in mid-May, the EU-27 grain harvest in 2021 In 2021, increased to 291 million t compared to the forecast. Incl. GB around 315 million…

DRV estimates the grain harvest in 2021 at an average level: 43.7 million t In its 3rd harvest estimate, the German Raiffeisen Association (DRV) forecast German grain production at 43.7 million t. The result is around 1% higher than the previous year. A slightly declining acreage of -0.6% is more than offset by the higher expected yield of +1.6%…

GDT auction in May. 2021: on average again weaker -0.2%. The second Global Dairy Trade (GDT) auction in May 2021 once again had to reduce the price level reached so far by an average of -0.2%. Normalbutter experienced another setback in a row, while MMP was able to gain again. The handling volumes are down in accordance with the usual seasonal…

USDA May-2021: Global oilseed production up 5.4% year over year in 2021-22. In its latest May 2021 edition, the US Department of Agriculture (USDA) increases global oilseed production to 632 million t , around 33 million t higher than estimated in the previous year. All oilseeds are predicted to increase. The majority of the increases, however, are…

US estimate for the grain harvest 2021/22: no further price increases? The US Department of Agriculture (USDA) has published its 1st estimate of the world grain supply in 2021/22. The first reactions were very cautious: the price increases so far should sufficiently reflect the scarcity situation. The USDA estimates the global total harvest 2.4%…