USDA: Sunseed crop in Russia reduced by 500 KMT

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USDA: Sunseed crop in Russia reduced by 500 KMT



Consulting Agency UkrAgroConsult


In the July report, the USDA reduced its 2019/20 oilseed harvest estimate for the Black Sea region to 45.098 MMT. The reasons include drops in Russia’s rapeseed and sunflower seed outputs (down 50 KMT and 500 KMT, respectively) and a 250 KMT decrease in Ukraine’s soybean crop.

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Please be reminded that on September 5, UkrAgroConsult will host a major meeting point of the oilseed industry operators - the 7th International Conference “Black Sea Oil Trade-2019” in Hilton, Kyiv, Ukraine.

‘Black Sea Oil Trade’ conference annually brings together key players of the global agribusiness at the start of a new oilseed season. The goal of the conference is to discuss prospects and directions of the Black Sea and global oilseed market development, exchange international contacts, share recommendations for adapting business strategies in the changing market and global trade.

More than 250 delegates from 25+ countries attend the conference annually. Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegoils, investment companies, banks, legal, shipping, brokerage, insurance, surveyor and other companies.



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