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USDA: Forecast for the Black Sea 2020/21 oilseed crop raised slightly

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Author:

Consulting Agency

UkrAgroConsult

In the June report, the USDA raised its estimate for the 2019/20 oilseed crop in the Black Sea region to 50.281 MMT (+0.35 MMT as the soybean crop forecast for Ukraine was adjusted to 4.049 MMT), UkrAgroConsult reports.

The USDA forecast for the 2020/21 oilseed crop is put at 51.675 MMT (+0.19 MMT from last month’s estimate):

- sunseed – 36.13 MMT (+0.09 MMT, Turkey);

- soybeans – 8.41 MMT (+0.1 MMT, Ukraine);

- rapeseed – 7.135 MMT.

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

 

Sunseed

Soybeans

Rapeseed

2020/21

June

2020/21

May

2020/21

June

2020/21

May

2020/21

June

2020/21

May

Ukraine

17 000

17 000

3 600

3 500

4 000

4 000

Russia

15 500

15 500

4 700

4 700

2 100

2 100

Kazakhstan

1 000

1 000

-

-

320

320

Moldova

950

950

-

-

70

70

Turkey

1 680

1 590

110

110

95

95

Belarus

-

-

-

-

550

550

Total

36 130

36 040

8 410

8 310

7 135

7 135

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UkrAgroConsult

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