Global sunflower oil production to grow by 9% in 2025/26 MY – USDA

In its May report, the U.S. Department of Agriculture (USDA) presented the world oilseed balance for the upcoming 2025/26 season, in which they forecast an increase in world oilseed production by 2.2% compared to the previous season, from 677.16 to 692 million tons, which is 5.2% higher than the MY 2023/24 figure (658.08 million tons). USDA expects that the volume of world oilseed processing in MY 2025/26 will increase by 3.3% to 580.5 million tons due to an increase in soybean processing and a recovery in sunseed and rapeseed processing volumes by both oilseed producing and importing countries. Global soybean production is set to rise by 6 million tonnes to 426.8 million tonnes, supported by a good harvest in Brazil, sunseed by 4 million tonnes to 56.2 million tonnes as production recovers in the EU, Ukraine and Russia, and rapeseed by 4.5 million tonnes to 89.56 million tonnes as a result of increased rapeseed production in Ukraine, the US and the UK. Oilseed trade is set to ...