Sunflower oil production in the Russian Federation this season may reach 7 million tons

This will increase its exports to 4.2 million tons, the expert believes Sunflower oil production in Russia in the 2023/24 season (for oilseeds - September - August) can reach 7 million tons, said Vladimir Petrichenko, General Director of the ProZerno company, during the international conference "Black Sea grain and oilseeds 2023/24" on September 15 at Sochi. “If this works out, then we will be able to export 4.2 million tons. Of course, we export more than we consume,” he said. At the same time, according to an optimistic scenario, exports could reach 4.4 million tons. According to the OleoScope agency, exports of vegetable oils from Russia in the 2022/23 season amounted to 6.05 million tons, which is 33% higher than the previous season. Including the volume of exports of sunflower oil increased by 26% (up to 3.8 million tons), soybean oil - by 18% (up to 662 thousand tons), rapeseed oil - by 69% (up to 1.5 million tons). According to Petrichenko, this season in the Russian ...