USDA cut Ukrainian sunflower seed crop forecast by 1 mln tonnes - 12.11.2020

USDA cut its forecast of Ukrainian sunflower seed crop by 1 mln tonnes to 14 mln tonnes in 2020/21 MY in its November report.

Moreover, USDA revised down its estimate of sunflower seed production in Russia by 0.5 mln tonnes to 13 mln tonnes, Turkey - by 0.1 mln tonnes to 1.56 mln tonnes, the EU - by 0.2 mln tonnes to 9.3 mln tonnes. The forecast remained unchanged at 3 mln tonnes in Argentina.

USDA set the global sunflower seed crop at 49.66 mln tonnes in 2020/21 MY compared to 54.98 mln tonnes in 2019/20 MY.

 

APK Imform