Sunseed prices in Ukraine continue to rise despite increased supply on the market

the area (+10% per week) or 3.91 million hectares in Ukraine, with an average yield of 1.84 tons/hectare, while last year on this date, 9.3 million tons of sunflower were harvested from 91% of the area, with a yield of 2.07 tons/hectare. Dry, albeit cool, weather this week will help complete the sunflower and soybean harvest, but producers are reporting lower yields. At the same time, sunflower quality in the west is better than previously expected. The sunflower seeds harvest in Ukraine is forecast at 10-10.5 million tons compared to 11 million tons last season, so processors are actively buying up all the proposed volumes in order to load production for the maximum period. Over the week, the demand prices for sunseed in Ukraine increased by another 300-500 UAH/t to 27,800-28,800 UAH/t or $590-610/t excluding VAT (for 50% oil content) with delivery to the factory, but at the same time, some processors lowered the price and stopped accepting due to the lack of free warehouses, ...