Bulgarian sunflower seed crop under weather pressure
Article author:
In Oct. MARS again revised downwards the EU sunflower seed crop forecasts, mainly due to the deterioration of the forecasts in Bulgaria, Romania, Hungary, Croatia and Italy.
The EU SFS crop was reduced to 8.1 M mt. The increase in area was offset by low yields. The crop is 17% lower than last year.
In Bulgaria, the drought was exacerbated by heavy rainfall at harvesting time. The rapeseed harvest forecast in the EU and Bulgaria remains unchanged.
Bulgaria. Forecast of oilseed harvest, November, MY 2024/25 (UkrAgroConsult estimate)
- SFS – (-18% by 2023);
- Rapeseed – (-15%).
Downwards estimations for 2024/25:
- SFS crushing – (100 K mt less compared to the previous forecast);
- SFS hulling – (less by 40 K mt);
- SFS exports – (100 K mt less).
The peculiarity of the 2024/25 season is that imports will not cover fully the crushers’ demand, as SFS harvest declined in the Black Sea-Danube region due to drought.
Full version of the article is available to subscribers of the Weekly ‘BLACK SEA & DANUBE OILSEED REPORT’ by UkrAgroConsult.
Request a free a sample report and apply for subscription here.
Be confident with your business and trade strategy based on professional analysis and forecasts of the Black Sea agri market.
Read also
Corn prices in Ukraine could fall by $50–70 per ton due to port blockade
China’s soybean meal prices rise more than 6% in July
Soybean prices in Ukraine fall following rapeseed and sunseed prices
Iran to boost flour exports to Iraq through purchases of Russian and Kazakh wheat
South Korea expands mandatory GM labelling to edible oils and fats
Write to us
Our manager will contact you soon