Argentina completes harvesting a good sunflower crop, which increases pressure on prices in Ukraine

게시됨 2025년 4월 22일

Tridge 요약

High purchase prices for sunseeds in Ukraine are due to a shortage of offers from farmers, who anticipate further price increases. However, the completion of a larger sunflower harvest in Argentina and a seasonal increase in palm oil production are putting downward pressure on sunflower oil quotes. Argentina has increased the area sown with sunflower due to dry weather, leading to a significantly better harvest than the previous season. In contrast, Ukrainian sunflower oil exports have decreased by 24% compared to the previous year, hitting the lowest rates since 2016/17. Additionally, palm oil futures in Malaysia have fallen due to decreasing oil prices and a seasonal increase in production, despite a slowdown in exports.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

Sunseed purchase prices in Ukraine remain high amid a shortage of offers from farmers who expect further price increases, but the completion of a much larger sunflower harvest in Argentina and a seasonal increase in palm oil production are putting pressure on sunflower oil quotes. In the MY 2024/25, Argentina increased the area sown with sunflower due to excessively dry weather during the soybean planting period, and subsequent rains allowed for a significantly better harvest than in the previous season. As of April 5, sunflower has been harvested on 75.6% of the area, and at the end of the harvest, experts from the Buenos Aires Grain Exchange increased the harvest forecast by 5% to 4.5 million tons, which will exceed the previous season’s production by 16%. The average yield will be 2.38 tons/hectare, which will exceed the 5-year and 10-year averages. Recall that in the April report, the USDA increased the forecast for sunseed production in Argentina in the MY 2024/25 by 5% to ...

출처: UkrAgroConsult