• South Africa: incidence on groundnut sector of new law to ban foreigners from owning land

    by Market Insider

    Wednesday, 18 Feb. 2015

    In his State of the Nation address of February 12th, President Jacob Zuma announced a new Land Holdings Bill which will restrict land ownership by foreign nationals. If the controversial bill is passed, foreign nationals will be classed as non-citizens and will be unable to own land in South Africa. They will be restricted to long-term leases of between 30 and 50 years.  Read More

    Comments (0)

  • Brazil: 2014/15 groundnut crop estimated to not exceed 288,400 tons

    by Market Insider

    Wednesday, 18 Feb. 2015

    The Brazilian National Supply Company CONAB issued its 5th grain crops survey by mid-February 2015. Because of insufficient rains at the flowering stage of groundnuts in the Sao Paulo, Minas Gerais and Parana Counties, as well as the even lower estimated area planted in Sao Paulo, the total area under groundnuts in Brazil is now estimated at 95, 900 ha (nearly 9% less than in 2013/14). The global average yield is expected to not exceed 3 Kg/ha (0.3% below the previous season's yield), and the total groundnut output is foreseen to amount to 288,400 tons (8.7% less than in 29013/14). Read More

    Comments (0)

  • India: output, exports and quality of groundnut exports tumbling

    by Market Insider

    Sunday, 01 Feb. 2015

    Indian groundnut exports reached a high peak of 832,617 tons, worth 1,094 million US$ in 2011/12, but have been falling consistently afterwards, down to 509,665 tons worth US$526 million in 2013/14. They may be even lower in 2014/15 due to the falling output.A Caryedon serratus (Olivier bug) infestation damaged the quality of several groundnut export shipments and is worrying the trade. Further suspensions of export consignments would blemish India's credibility as good quality groundnut supplier. Read More

    Comments (0)

  • Gambia: Start of 2015 marketing season

    by Market Insider

    Friday, 16 Jan. 2015

    The start of the 2015 marketing season has been slightly delayed. The Gambia Groundnut Corporation pegged the minimum groundnut producer price at 15,250 Dalasi/kg, equivalent to 350.5 US$/ton, compared to 356.5 US$/ton in Senegal. The Gambia had its AGOA beneficiary status removed on 23 December 2014, but this should not affect substantially the level of groundnut exports to the United States of America (USA) - in the short term at least.   Read More

    Comments (0)

  • Senegal: Slow start of the marketing campaign

    by Market Insider

    Thursday, 15 Jan. 2015

    The marketing campaign opened officially on December 29th 2014, with a producer price fixed at 0.37 US$/kg (200 XOF/kg).  Delays in the implementation of disbursement procedures of the Marketing Fund of 21.5 million US$ and financing problems caused the slow start of the campaign.  Read More

    Comments (0)