USDA: estimate of the 2021 Black Sea oilseed crop raised at the expense of Ukraine and Russia

In the July report, the USDA raised its forecast for the 2021/22 Black Sea oilseed crop to 49.4 MMT (rapeseed production in Ukraine and Russia upped by 100 KMT, with a 2 MMT increase in the Russian sunseed crop):
– sunseed – 36.850 MMT (+2 MMT);
– soybeans – 8.210 MMT;
– rapeseed – 6.497 MMT (+0.2 MMT).
The 2020/21 Black Sea crop of oilseeds was increased by 100 KMT at the expense of an adjustment to Russia’s rapeseed crop – 44.2 MMT:
– sunseed – 30.573 MMT;
– soybeans – 7.417 MMT;
– rapeseed – 6.212 MMT (+0.1 MMT), 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!
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