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UkrAgroConsult

USDA: Black Sea oilseed crop raised to 44 MMT

In the January report, the USDA raised its forecast for the Black Sea oilseed crop to 44 MMT (+0.5 MMT thanks to an increase in Russian sunflower seed production):

  • sunseed – 30.61 MMT (+0.5 MMT);
  • soybeans – 7.51 MMT;
  • rapeseed – 5.84 MMT.

As expected, oilseed complex prices are supported by the January USDA report, UkrAgroConsult reports.

 

USDA: Oilseed production estimates for Black Sea and CIS countries, KMT

  Sunseed Soybeans Rapeseed
2020/21

January

2020/21

December

2020/21

January

2020/21

December

2020/21

January

2020/21

December

Ukraine 14 000 14 000 14 000 14 000 2 500 2 500
Russia 13 500 13 000 13 000 13 000 2 500 2 500
Kazakhstan 750 750 750 750 125 125
Moldova 800 800 800 800 70 70
Turkey 1 560 1 560 1 560 1 560 95 95
Belarus 550 550
Total 30 610 30 110 30 110 30 110 5 840 5 840

 

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