USDA: forecast for the Black Sea oilseed crop raised at the expense of Ukraine
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USDA: forecast for the Black Sea oilseed crop raised at the expense of Ukraine

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Author:

Consulting Agency UkrAgroConsult

UkrAgroConsult

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!

 

UkrAgroConsult

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