News overview & archive

GDT auction in April 2021: price level reached not quite asserted. The second April 2021 auction of Global Dairy Trade (GDT) could not quite maintain the price level reached so far with an average of -0.1%. Normal butter experienced the biggest setback and had to give the increase in Vorauktion again. The turnover amounts are in accordance with the…

DRV estimates the German grain harvest in 2021 slightly higher than in the previous month In its latest April 2021 edition, the German Raiffeisen Association (DRV) raised the German grain harvest in 2021 to around 44 million t compared to the March estimate. The main reason is an increased expectation of earnings due to the previous growth…

USDA: Global Pork Production 2021 Lower Than Expected Global pork production in 2021 is expected to improve by almost 5% compared to 2020, but remains below 90% compared to pre-ASP 2018. The US Department of Agriculture (USDA) has the earlier result in its most recent quarterly estimate of global pork production in early April Reduced by around 2…

USDA Apr. 2021: Global oilseed production higher than estimated in the previous month, but short end stocks The US Department of Agriculture (USDA) increases global oilseed production to 598 million t , around 2 million t, in its latest April 2021 issue larger than estimated in the previous month. The majority of the increase is due to soybeans…

USDA Apr. 2021- Supply balances 2020/21 for grain - hectic price reaction on the stock exchanges The US Department of Agriculture (USDA) only slightly increased the global grain supply in its April 2021 issue. Production in 2020/21 will be 2,222.7 million t; consumption is estimated at 2,245 million t. This means that the calculated final stocks…

GDT auction in April 2021 confirms the price level reached so far with minor surcharges and discounts. The first April 2021 auction of Global Dairy Trade (GDT) brought only a few changes in prices. Normal butter made the decisive contribution to the overall result. The envelope amounts are in accordance with the normal seasonal development failed…

Surprisingly low US acreage - sharp price jumps on the stock exchanges The results of the survey of US farmers' acreage in 2021 surprised the expectations of market participants. The prevailing assessment was that due to the current high prices, the acreage would be expanded considerably. The US farmers, however, have grown or planned differently…

IGC: World grain harvest 2021/22 2.8% higher than in the previous year - but supply is still scarce In its March 2021 edition, the International Grain Council (IGC) estimates the global grain harvest to be 2.8% higher than in Previous year. Consumption is estimated at 2,286 million t . The overhang stocks thus remain largely unchanged at 609…

German piglet imports dropped significantly in 2020. Germany's piglet imports from Denmark and the Netherlands have ranged between 10.5 and 11.5 million animals in recent years. In the final months of 2020, imports fell sharply. The main reason was the backlog of slaughter pigs in connection with an abrupt fall in prices. German pig farmers held…

Optimal sales dates for wheat in the course of the fiscal year. The wheat price development so far this year 2020/21 has caused a few surprises. The prices initially rose significantly from the harvest, but remained within the usual developments in a post-harvest period. With the start of the first The follow-up supply phase in November 2020 began…

Mars estimates 3.4% higher grain yields due to climate change - rapeseed + 4.3% The Agrometeorological Institute of the EU Commission (MARS) has evaluated the European climate data in the period from February 1st to March 8th, 2021. The results vary from region to region. For the western part of the EU with the countries France Benelux, Germany as…

GDT auction in March 2021 with a moderate setback of -3.8% to the record-breaking pre-auction of + 15%. The second March 2021 auction of Global Dairy Trade (GDT) partially corrected the high surcharges of the pre-auction downwards. Whole milk powder and normal butter were once again the driving force, this time in the other direction. The handling…

DRV estimates the grain harvest in 2021 at the previous year's level - Currently high prices have no influence on the result The German Raiffeisen Association (DRV) estimates the German grain harvest at 43.5 million t. In the previous year, the result was slightly lower at 43.3 million t. The cereal acreage was found to be 0.4% higher. The expected…

Coceral estimates the EU-28 rapeseed harvest in 2021 at around 17.7 million t. - + 3% above previous year The European umbrella association of grain and oilseed traders estimated the EU-28 rapeseed harvest at 17.7 million t (previous year 17.15 million t) in its March 2021 edition. A slight increase in the area under cultivation by 0.6% and the…

Coceral estimates the EU-27 grain harvest in 2021 at 283.5 million t (previous year 278.2 million t) The umbrella association of European grain and oilseed traders (Coceral) announced the EU-27 grain harvest in mid-March 2021 in its second forecast Estimated at 283.5 million t in 2021. Incl. GB it is around 307 million t . The close trade relations…

Future prospects for China - with reservations The Chinese Ministry of Agriculture, the FAO, the USDA, Rabobank in Beijing and other institutions have developed scenarios for the Chinese pork supply for the coming years up to 2030. The Chinese themselves predict a very optimistic variant. In the current year 2021, Chinese own production is expected…

Mar 2021 USDA: Global oilseed production estimated broadly unchanged. In its latest March 2021 edition, the US Department of Agriculture (USDA) has reduced global oilseed production to 596 million t , around 1 million t higher than estimated in the previous month. The majority of the increase in concentration is due to soybeans, which amount to…

USDA Mar 2021 Estimate of Grain Supply Balances - Few Changes The U.S. Department of Agriculture (USDA) only marginally increased global grain supply in its March 2021 issue. Production in 2020/21 will be 2,221.6 million t; consumption is estimated at 2,224.4 million t. This means that the calculated final stocks (EB) fall to 619.7 million t or a…

GDT auction in March 2021 with a bang + 15% on average; The first March 2021 auction of Global Dairy Trade (GDT) continues the uninterrupted upward trend of the pre-auctions since December 2020 with a strong + 15% on average. Whole milk powder and normal butter were once again the driving force. The handling volumes take over the Vorauktionen…

IGC confirms unchanged soy supply - Brazil in the final stage of a high harvest In its February 2021 edition, the International Grain Council (IGC) leaves the global soy harvest in 2020/21 unchanged at around 360 million t. Global consumption is estimated at 365 million t. The declining final stocks (EB) of 45 million t correspond to only 12.3% EB…

IGC: World grain production in 2020/21 remains lower In its February 2021 edition, the International Grain Council (IGC) only slightly corrected the world grain harvest compared to the last estimate at the end of January 2020 to 2,216 million t. Worldwide consumption is estimated at 2,222 million t . The final stocks thus remain at 611 million t…

Feb. 2021: The price of fertilizers rose unexpectedly. The prices for N fertilizers rose sharply in February 2021. KAS and AHL increased by around € 20 / t. Several factors play a decisive role in the price development: Energy prices have risen unusually sharply. Natural gas prices are of great importance for N fertilizer production because they…

GDT auction in February 2021: + 3% on average; Whole milk powder + 4.3% The second Global Dairy Trade (GDT) auction in February 2021 continues the uninterrupted upward trend of the previous auctions since December 2020 with an average of + 3.0% . Whole milk powder and normal butter were the driving forces. The handling volumes take over the…

Feb 2021 USDA: Global oilseed production unchanged - closing stocks falling. The US Department of Agriculture (USDA) is reducing global oilseed production to 595 million t in its latest February 2021 edition, which corresponds to the previous month 's estimate . Soy remains largely unchanged, while sunflowers are rated slightly higher. The changes…

USDA Feb 2021 estimate: scarce supply with outstanding risks The US Department of Agriculture (USDA) only slightly reduced the global grain supply in its Feb. 2021 issue . Production in 2020/21 will amount to 2,212 million t; consumption is estimated at 2,223.5 million t. This means that the calculated final stocks (EB) fall to 620.4 million t or…

GDT auction in February 2021: +1.8% on average; Butter + 6.2% The first Global Dairy Trade (GDT) auction in February 2021 continued the positive upward trend of the previous auctions with an average of + 1.8% . After the strong Jan auction this time, the price premiums were lower. Skimmed milk powder even had to accept cuts. For this, normal butter…

Export of pork to China: Germany is left behind The China export business with pork is increasingly bypassing Germany . Of the 85% increase in Chinese imports in 2020, Germany received comparatively little with + 5%. The big winners are Spain, the USA and Brazil, with delivery volumes more than doubling over the previous year. Denmark and Holland…

MARS: Different degrees of winter hardiness in wheat - first damage due to wintering The development of frost tolerance has progressed differently in the individual European wheat-growing regions due to the different temperature developments. Progress can be seen in the north, east and central Europe. Winter hardiness is weaker than usual in the…

US pork market in 2021 with little favorable price outlook. In the latest monthly issue, the US Department of Agriculture (USDA) published a forecast of the US pork market for 2021. The essential basis is the determination of the pig population with the reference date December 1, 2020. For the whole of 2021, an increase in production of almost 1%…

GDT auction in Jan 2021: + 4.8% on average; Concentrated butter + 17.2% The second Jan 2021 auction of Global Dairy Trade (GDT) continues the positive upward trend in Dec 2020 with an average of + 4.8% . away. In all sectors, surcharges were achieved with a special focus on concentrated butter with unusual increases of over 17% on average. The…

IGC: World grain production 2020/21 lower - sharp decline in global corn supply In its January 2021 edition, the International Grain Council (IGC) classified the world grain harvest as lower than the last estimate at the end of November 2020 at 2,210 million t . Worldwide consumption is estimated at 2,216 million t . This will reduce the end stocks…

Jan-2021 USDA: Global pork production will rise again in 2021. The U.S. Department of Agriculture (USDA) has published a new estimate of global pork production in major countries for the year 2021 in its quarterly Jan. 2021 issue. Although production remains at -8.1% down on 2018, but increased compared to last year for the first time by approx. 6%…

Jan 2021 USDA: Global oilseed production estimated lower. In its latest January 2021 edition, the US Department of Agriculture (USDA) has reduced global oilseed production to 594 million t , around 1 million t less than estimated in the previous month. The major part of the reduction is due to soybeans, which are only 361 million t. come. In…

Jan.-2021 USDA: Supply situation tighter than previously estimated. The US Department of Agriculture (USDA) reassessed the world grain balance in its most recent Jan 2021 issue . The production increases less than the consumption. The consequence is a depletion of stocks, a development that has lasted for several years. If you exclude China from…

First GDT auction in 2021: + 3.9% on average; Butter rises even faster The first Global Dairy Trade (GDT) auction in 2021 continues the positive upward trend in Dec 2020 with an average of + 3.9% . Surcharges were achieved in all sectors, with a particular focus on normal butter. With 30,313 t the handling volumes over the Vorauktionen are again…

China's pork market remains the largest in the world, ahead of the EU and the US, despite the ASF-related cuts. Supplying the Chinese market is of crucial importance for the price of the affected surplus countries in the world. Chinese production of 41.5 million t is forecast for 2021. Consumption should be 45.9 million t . For comparison: in the…

Results of the pig census from November 3rd, 2020 - excess population in higher weight fattening pigs - reduction of the sow population - increasing piglet deficit. The cattle census of November 3, 2020 confirms an above-average number of higher-weight fattening pigs, which is also known as supply backlog. At the time of the count, the number of…

The spread between producer and consumer prices is getting bigger and bigger. The decline in pig and piglet prices is only moderated in the downstream stages. In the supermarket, consumers hardly pay less than they did before the crisis. In the past few months the gap between producer revenues and supermarket prices for pork has widened. While the…

US Department of Agriculture estimates oilseed supply in 2020/21 differently After last year's decline, the USDA estimates global oilseed production to be higher again. The soybean plays a decisive role in this. In contrast, significant harvest losses are expected for sunflowers and cottonseed . The global rapeseed harvests remain at the reduced…

USDA: global grain supply situation: wheat rising, corn falling In its December issue, the US Department of Agriculture revised the global grain harvest upwards slightly in 2020/21 . But consumption was also increased. In the end, the stocks are classified lower. Measured against the global number of supplies, the security of supply drops only…

COCERAL: estimates EU rapeseed production for 2020 and 2021 In its Dec. 20 edition, the umbrella association of grain and oilseed traders estimated the EU rapeseed harvest in 2020 to be 15.9 million t. In the two largest growing areas, low harvests were recorded in Germany with 3.5 million t and in France with approx. 3.26 million t is estimated…

Australia achieves second highest harvest: 28% above long-term average The Australian Department of Agriculture announced in its latest publication the preliminary results of the Australian grain harvest which is coming to an end. At 55 million t , the best result so far was not quite achieved in 2016/17, but at + 28% it remains above the long-term…

Penultimate GDT auction in 2020: + 4.3% on average; VMP with high price surcharges The penultimate 2020 auction of Global Dairy Trade (GDT) marks an encouraging preliminary end of the year with an average of + 4.3% . Significant price surcharges were achieved in all sectors and, with one exception, in all delivery months. With 32,062 t the handling…

Soybeans: IGC reduces global harvest by 5 million t to 365 million t The International Grain Council (IGC) estimates the global soybean harvest to be just 365 million t. In particular, the US harvest will be cut by 2.5 million t and the Argentinian result by 1.8 million t. EU production is also somewhat lower. The IGC estimates the worldwide…

IGC again reduces world grain harvest - less maize available In its latest Nov-20 estimate, the International Grain Council (IGC) has cut the world grain harvest by a further 7 million t to 2,219 million t compared to the previous month's results. In a year-on-year comparison with 2019, this year's production will still be approx. 23 million t…

MARS: Autumn sowing 2020 better than initially feared In its Nov report, the Agrometeorological Institute of the EU Commission (MARS) has put into perspective the impairments to the harvest of late fruits and the sowing of winter fruits 2020 feared in previous editions. The climate data in the period from Beg. October to mid-November 2020 have…

Second GDT auction in Nov. 2020: +1.8%% on average; Strong plus for concentrated butter The second Global Dairy Trade (GDT) auction in November 2020, with an average of +1.8%, almost regained the negative results of the pre-auction. Concentrated butter was the big winner. Whole and skimmed milk powder also gained significantly. The handling volumes…

USDA cuts oilseed production again in 2020/21 - even fewer soy and sunflowers In its Nov. 20 estimate, the US Department of Agriculture (USDA) put the global oilseed harvest in 2020/21 down by 8 million t to 597 million t. The final stock drops from 110 to 98.6 million t. In mathematical terms, the supplies last for 70 days, compared to 85 days in…

Nov. 2020: USDA corrects world grain supply 2020/21 downwards - less corn In the November edition of global grain supply 2020/21 the US Department of Agriculture (USDA) corrects production to 2,220 million t. Although this result is 2.5% above the previous year, it is around 10 million T less than in the previous month's estimate. On the…

Denmark in need The Danish pig industry has been coming under increasing pressure recently. Several factors play a decisive role: Pig farming was expanded considerably in 2020. As a result of the Covid pandemic, the increasing live supply is encountering restrictions at the slaughterhouses with a corresponding backlog of finished pigs for slaughter…

First GDT auction in Nov. 2020: -2.0% on average; Strong demand for normal butter The first Global Dairy Trade (GDT) auction in November 2020, with an average of -2.0%, partially surrenders the positive results achieved so far. While skimmed milk powder suffered considerable price drops, normal butter once again provided an above-average price…

Oct estimate: IGC corrects soybean harvest 2020/21 slightly downwards The International Grains Council (IGC) estimates the soybean harvest for the 2020/21 marketing year to be only 370 million t (previous month 372.5 million t.). Compared to the weak previous year, the increase is approx. 32 million. The main polluters are the two largest growing…

IGC cuts global grain harvest 2020/21 compared to the previous month - supply barely sufficient In its monthly October issue, the International Grain Council (IGC) revised the global grain harvest down slightly compared to earlier estimates. Global grain production is estimated at 2,225 million t . That is 1.3 million t less than in the previous…

Russia: Different extreme weather conditions affect the grain harvest, new sowing and export Russia has become the world's largest exporter of wheat. Therefore, the respective conditions of the Russian grain market have an international effect. The main grain cultivation in Russia takes place in the European part west of the Urals. The focus is on…

Second GDT auction in October 2020: + 0.4% on average; Strong demand for normal butter The second Global Dairy Trade (GDT) auction in October 2020 achieved an average of +0.4% on the positive results achieved so far. Once again, normal butter provided an above-average price boost. With 34,648 t the handling volumes are easily reverted to Vorauktion…

EU-COM preview of the pork market in 2021: less production and less export. The EU Commission (EU COM) estimates the production of pork in 2021 at 22.6 million t, which is another 1% lower than in the previous year. The decrease is the result of larger falls in production in some major Member States relative to increases in other countries. Growth…

USDA estimate: global pork production will rise in 2021, China remains 23% below 2018 The US Department of Agriculture (USDA) estimates global pork production in 2021 to be 4.4% higher than in the current year. From 2020 to 2021, production at all production sites will grow between + 9.2% in China and 0.6% in the EU. But the numbers remain around…

USDA cuts oilseed production in 2020/21 compared to previous month - less soy and sunflowers In its October estimate, the US Department of Agriculture (USDA) forecast the global oilseed harvest in 2020/21 to be 0.5% lower. The final inventory drops from 107 to 101 million t. In mathematical terms, the supplies last for 71 days, compared to 85 days…

USDA: higher world wheat harvest, shortened maize harvests - wheat prices drop, maize rises In its latest Oct 2020 edition , the US Department of Agriculture revised the global grain harvest slightly upwards to 2,232 million t compared to the previous year. Consumption is estimated at 2,212 million t . The final stocks increase to 652 million t or…

Pork market: Spain wins - Germany loses The two big pork producers in the EU are changing their positions. So far, Germany has been at the forefront, but Spain will take first place in the future. However, a distinction must still be made between the slaughter figures and the quantities of meat . Due to the lower Spanish average slaughter weight…