Argentina’s sunseed harvest in the 2024/25 season will be a record 4.7 million tons
Argentina’s 2024/25 sunseed crop is expected to reach a record 4.7 million tons, up 200,000 tons from its previous estimate, the Buenos Aires Grain Exchange said Thursday.
The upward revision came after plantings of the crop were larger than previously estimated, the exchange said.
Argentina is a major exporter of sunflower oil.
In its April forecast, the USDA estimated Argentina’s sunflower production at 4.2 million tons and sunflower oil exports for the 2024/25 season at 1.15 million tons.
FOB Argentina sunflower oil prices this week were $1,115-1,125 (+$15) for the week.
Read also
Kazakhstan could enter sub-Saharan African wheat market for the first time
Chicago corn and soybeans fall Friday as wheat trades mixed
High diesel prices squeeze margins for US Corn Belt farmers
Low sugar prices accelerate factory closures across Europe
US barley crop falls 19%, raising risks of tighter malt supplies
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon