USDA: Black Sea oilseed crop estimates adjusted insignificantly
In the June report, the USDA raised its forecast for Black Sea oilseed production in MY 2020/21 to 44.2 MMT (a 100 KMT increase in the Ukraine rapeseed crop):
– Sunseed – 30.573 MMT;
– Soybeans – 7.417 MMT;
– Rapeseed – 6.212 MMT (+0.1 MMT).
In MY 2021/22. the oilseed crop in the Black Sea region is to rise by 50 KMT due to a rapessed crop adjustment for Ukraine – 49.357 MMT:
– Sunseed – 34.850 MMT;
– Soybeans – 8.210 MMT;
– Rapeseed – 6.297 MMT (+0.05 MMT), UkrAgroConsult reports.
USDA: Oilseed production estimates for Black Sea and CIS countries, KMT
| Sunseed | Soybeans | Rapeseed | |||||||
| 2021/22
June |
2021/22
May |
2020/21
June |
2021/22
June |
2021/22
May |
2020/21
June |
2021/22
June |
2021/22
May |
2020/21
June |
|
| Ukraine | 16 700 | 16 700 | 14 100 | 3 500 | 3 500 | 3 000 | 3 000 | 2 950 | 2 567 |
| Russia | 14 500 | 14 500 | 13 269 | 4 600 | 4 600 | 4 307 | 2 350 | 2 350 | 2 750 |
| Kazakhstan | 900 | 900 | 844 | – | – | – | 275 | 275 | 153 |
| Moldova | 950 | 950 | 800 | – | – | – | 80 | 80 | 70 |
| Turkey | 1 800 | 1 800 | 1 560 | 110 | 110 | 110 | 92 | 92 | 122 |
| Belarus | – | – | – | – | – | – | 500 | 500 | 550 |
| Total | 34 850 | 34 850 | 30 573 | 8 210 | 8 210 | 7 417 | 6 297 | 6 247 | 6 112 |
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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