In October’s report, the USDA raised its estimate for the 2018/19 Black Sea oilseed crop to 43,362 KMT (+160 KMT), UkrAgroConsult’s analysts note.
A slight increase (+60 KMT) is expected at the expense of a heavier crop in Turkey, which is now set at 1,800 KMT against 1,740 KMT predicted a month ago.
Rapeseed production in the Black Sea region will rise by 100 KMT owing to Ukraine, whose rapeseed crop is now forecast at 2,700 KMT against 2,600 KMT expected a month ago.
The forecast for Black Sea soybean production in the 2018/19 season was left unchanged at 8,199 KMT.
USDA: Oilseed production estimates for Black Sea and CIS countries (MY 2017/18 and 2018/19), KMT
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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