USDA: Black Sea oilseed crop raised to 44.1 MMT
In the February report, the USDA raised its forecast for the Black Sea oilseed crop to 44.1 MMT (+0.1 MMT thanks to an increase in Kazakh sunflower and rapeseed production):
– sunseed – 30.7 MMT (+0.094 MMT);
– soybeans – 7.51 MMT;
– rapeseed – 5.87 MMT (+0.028 MMT).
As expected, oilseed complex prices are supported by the February USDA report.
USDA: Oilseed production estimates for Black Sea and CIS countries, KMT
| Sunseed | Soybeans | Rapeseed | ||||
| 2020/21
February |
2020/21
January |
2020/21
February |
2020/21
January |
2020/21
February |
2020/21
January |
|
| Ukraine | 14 000 | 14 000 | 3 100 | 3 100 | 2 500 | 2 500 |
| Russia | 13 500 | 13 500 | 4 300 | 4 300 | 2 500 | 2 500 |
| Kazakhstan | 844 | 750 | – | – | 153 | 125 |
| Moldova | 800 | 800 | – | – | 70 | 70 |
| Turkey | 1 560 | 1 560 | 110 | 110 | 95 | 95 |
| Belarus | – | – | – | – | 550 | 550 |
| Total | 30 704 | 30 610 | 7 510 | 7 510 | 5 868 | 5 840 |
More detailed information on the latest trends in oilseeds/vegoils 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 3-day free trial!!
Start using analytical data and increase your efficiency now!
Register to get your demo access: http://agrisupp.com/en/register/1
Read also
Oilseed Season 2025/26: Déjà Vu or New Chapter?
Nigeria, Brazil sign $1 billion deal to boost agriculture, energy
Corn exports from Ukraine in MY 2025/26 will increase by 3 mln tons
Feed wheat supplies are disappearing from the Black Sea markets, demand prices hav...
China’s feed production rises, soybean meal consumption falls
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon