According to calculations made by researchers of the Agrarian Economics Institute, production of all oilseeds in Ukraine is expected to increase this year:
- due to an expansion of rape plantings by 1.3 times, rapeseed production will exceed last year’s level by 26.7%, reaching 2.781 MMT;
- sunflower seed production will rise by 16.1%, to 14.207 MMT;
- a 13.7% drop in the soybean planted area will be offset by an almost 16% gain in yield; the crop will amount to 4.516 MMT (+15.8%), reports UkrAgroConsult.
Detailed analysis of the latest trends in oilseeds/vegoils/meals exports, palm oil imports, supply and demand balances with breakdown by crop as well as crop conditions and progress in planting/harvesting in the countries of Black Sea Region is available to subscribers for weekly market report "Black Sea Vegoils" by UkrAgroConsult.
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