USDA: Black Sea oilseed crop in the new season to be up more than 5 MMT
In the May report, the USDA left its forecast for the Black Sea oilseed crop in MY 2020/21 unchanged at 44.1 MMT (mutually compensating amendments concerned the soybean and sunseed crop forecasts for Ukraine):
– sunseed – 30.573 MMT (+0.1 MMT);
– soybeans – 7.417 MMT (-0.1 MMT);
– rapeseed – 6.112 MMT.
In MY 2021/22, the Black Sea countries will harvest 5.2 MMT more oilseeds – 49.3 MMT vs. 44.1 MMT in MY 2020/21:
– sunseed – 34.850 MMT (+4.277 MMT from MY 2020/21);
– soybeans – 8.210 MMT (+0.799 MMT);
– rapeseed – 6.247 MMT (+0.135 MMT).
Sunflower and soybean acreage is expected to expand, while rape plantings will remain at the 2020/21 level, UkrAgroConsult reports.
More detailed information on the latest trends in oilseeds/vegoils and meals exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea Vegoils” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!
Start using analytical data and increase your efficiency now!
Register to get your demo access: http://agrisupp.com/en/register/1
China purchased half as much corn from Ukraine in May
In April, China resumed active purchases of wheat from Kazakhstan
Russia. Sodruzhestvo Group launching the construction of the second stage of an oi...
Turkey may raise import duties on sunflower seed and sunflower oil
US hog farmers voice concerns over bottlenecks at American ports
Write to us
Our manager will contact you soon