Global sunflower yield is expected to increase by 5 percent

Published 2024년 2월 20일

Tridge summary

The USDA forecasts a 5% increase in global sunflower seed harvest for the 2023/2024 economic year, reaching 55.1 million tons. However, this is still 749,000 tons less than the projected consumption of 55.8 million tons. The closing stock is anticipated to be around 3 million tons. In the European Union, sunflower seeds are expected to cover the same area as last year, 4.9 million hectares. Countries like Bulgaria, Romania, and France may replant areas affected by dry weather or excessive rainfall with sunflower seeds.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The USDA expects a world sunflower seed harvest of 55.1 million tons in 2023/2024. economic year, this may exceed the volume of the previous year by 5 percent. (Photo: Pixabay) The global output may be 749,000 tons below the indicated consumption of 55.8 million tons, so the closing stock may be around 3 million tons in 2023/2024. at the end of the season. According to Tallage, sunflower seeds can cover the same area as a year ago, 4.9 million hectares, this year in the European Union. Part of the autumn sowing area lost due to dry weather or excessive rainfall may be planted with sunflower seeds, mainly in Bulgaria, Romania and France. According to AKI PÁIR data, processors and traders bought high-oleic sunflower seeds (HO) for HUF 149,000/ton, and ...

Source: Trademagazin