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

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

More information is available to subscribers for Online Analytics “Black Sea Vegoils” in the new innovative platform AgriSupp by UkrAgroConsult. Agrisupp is a reliable analytical tool for agri market participants with historical and current market data, daily updates on grain, oilseed and pulses markets.
Subscribe to a 7-day free trial!!

Start using analytical data and increase your efficiency now!

Register to get your demo access. http://agrisupp.com/en/register/1

 

UkrAgroConsult

Got additional questions?
We will be happy to assist!