Oilseed stocks in Russia decreased by 5% by the end of February

By the end of last month, the remains of oilseeds in Russia decreased by 20 percent or 1.1 million tons from the same month last year - to four million. This was reported by Rosstat. In particular, for sunflower they fell by 16.8% year-on-year or to 2 million tons. This was mainly due to the increase in processing for the production of oil and feed components. These products are also actively supplied abroad. For example, as Sergei Maltsev, executive director of the Oil and Fat Union of Russia, previously reported, in the first two months of this year, sunflower oil exports from Russia increased by almost 30 percent from last year, exceeding 850 thousand tons. The Prime Minister of Kazakhstan supported the export duty on sunflower There was also less grain and legume residues – by 2.7 percent or up to 28 million tons. Exports played a more important role. Among individual crops, corn stocks decreased by 10 percent to 2.9 million tons. But for wheat they increased by 1.1 percent to ...