USDA: forecast for the Black Sea oilseed crop raised at the expense of Ukraine
In the November report, the USDA raised its estimate for the Black Sea oilseed crop in the 2019/20 season to 45.403 MMT (+0.3 MMT): sunflower seed – 30.95 MMT, soybeans – 8.105 MMT, rapeseed – 6.348 MMT.
The increase is accounted for by upward adjustments to the forecasts for Ukrainian production of rapeseed (3.3 MMT, or up 0.2 MMT) and soybeans (3.7 MMT, or up 0.1 MMT), reports UkrAgroConsult.
USDA: Oilseed production estimates for Black Sea and CIS countries, KMT
|
|
Sunseed |
Soybeans |
Rapeseed |
|||
|
2019/20 November |
2019/20 October |
2019/20 November |
2019/20 October |
2019/20 November |
2019/20 October |
|
|
Ukraine |
14 500 |
14 500 |
3 700 |
3 600 |
3 300 |
3 100 |
|
Russia |
13 000 |
13 000 |
4 300 |
4 300 |
2 100 |
2 100 |
|
Kazakhstan |
800 |
800 |
– |
– |
320 |
320 |
|
Moldova |
900 |
900 |
– |
– |
50 |
50 |
|
Turkey |
1 750 |
1 750 |
105 |
105 |
88 |
88 |
|
Belarus |
– |
– |
– |
– |
490 |
490 |
|
Total |
30 950 |
30 950 |
8 105 |
8 005 |
6 348 |
6 148 |
More detailed information on the latest trends in grain 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 Grain" in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. We offer 7-days trial! Completely free!
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