Oilseed crops in Ukraine are expected to increase to a 6-year high

Areas of oilseed crops will be expanded in FY 2023/24 due to their higher profitability compared to cereals. Oil flax is no exception, remaining a niche culture. Therefore, the sown area is expected to increase to the maximum in the last 6 years. Such a forecast was made by Svitlana Kupreeva, an analyst of the UkrAgroConsult oil market. According to her, the yield should be expected at the average level for the last three years, because the lack of moisture becomes a restraining factor for obtaining high indicators. "The flax harvest is expected at the level of 40,000 tons. The export potential of the flax market can be restored, the realization of the stated potential will traditionally depend on the demand from the EU countries, as well as logistics in the realities of wartime, which remains one of the urgent issues," said Svitlana Kupreyeva. She recalled that in 2022/23 MR, the area sown with linseed increased by 20% compared to the previous year and ...