🌾 Millet Market Insights: Price Dynamics and Global Supply Overview 🌾
The millet market is currently experiencing a nuanced landscape of supply and demand dynamics, influenced by varied regional production levels and market sentiments. As of early May 2025, prices for millet seeds and kernels have shown slight fluctuations, reflecting a complex interplay of factors including supply constraints in some areas, cost pressures on farmers, and speculative trading positions.
Exclusive Offers on CMBroker
Millet seeds
inshell, yellow
98%
FCA 0.20 €/kg
(from UA)
Millet seeds
inshell,red
98%
FCA 0.21 €/kg
(from UA)
Millet kernels
hulled, yellow
99%
FCA 1.20 €/kg
(from UA)
📊 Market Overview: Current Prices & Trends
| Product | Type | Price (USD) | Previous Price (USD) | Change (%) |
|---|---|---|---|---|
| Millet seeds | inshell, yellow | 0.2 | 0.21 | -4.76% |
| Millet seeds | inshell, red | 0.21 | 0.22 | -4.55% |
| Millet kernels | hulled, yellow | 1.2 | 1.2 | 0.00% |
📈 Key Market Drivers
- Supply constraints in China, with a significant portion of the crop still held by farmers who are dissatisfied with current price levels.
- Stable purchasing costs in most regions, with minor price increases in specific areas.
- Speculative positioning by traders, influenced by global agricultural trends and local market sentiments.
⛅ Weather Forecast – Impact on Harvest
Upcoming weather conditions in key millet-producing regions like Ukraine and China are expected to be predominantly mild, which may support ongoing harvesting activities but could also lead to an oversupply if all regions harvest simultaneously.
🔮 Price Forecast – Next 3 Days
Given the stable but cautious market sentiment, millet prices are expected to remain relatively steady with minor fluctuations influenced by regional weather conditions and any sudden changes in trader positions.
