IKAR lowered the forecast for sunflower harvest in Russia

The Institute for Agricultural Market Studies (IKAR) raised the forecast for the harvest of rapeseed in Russia from 4.45 million tons to 4.51 million tons. The estimate of the soybean crop was also increased from 5.46 million tons to 5.8 million tons, Pole.rf reports. Also, IKAR experts have kept the forecast for oil flax — it is in the range of 1.7-1.8 million tons in test weight. The sunflower harvest forecast remained the same - 16.35 million tons in test weight. In 2021, the indicator was 15.65 million tons. In October, IKAR lowered its previous forecast for the sunflower harvest by 600 thousand tons due to changes in harvesting areas in the Central and Volga Federal Districts. At the end of October, the CEO of the analytical company ProZerno, Vladimir Petrichenko, told Agroinvestor that the sunflower harvest may not exceed 16 million tons against the previous forecast of 16.7 million tons. Mikhail Maltsev, executive director of the Oil and Fat Union, told Agroinvestor that ...