We can expect a declining sunflower seed crop in the world
Sunflower Seed
Russia
Ukraine
Published Mar 18, 2023
Tridge summary
According to the AKI PÁIR data, we can count on a decreasing sunflower seed yield in 2022/2023. financial year. Oil World expects a worldwide sunflower seed harvest of 53 million tons (-9 percent) in 2022/2023. financial year - informs the Institute of Agricultural Economics. According to the data, in the European Union it has decreased to 9.5 million tons, in Russia it is slightly higher than a year earlier (15.7 million tons), and in Ukraine the harvest is significantly reduced by 34 percent (11 million tons). They added; the global output may exceed the expected consumption by 2.6 million tons, so the closing stock may be around 5 million tons at the end of the season. According to AKI PÁIR data, processors and traders bought high-oleic sunflower seeds (HO) for 197.4 thousand (-25 percent) and high-oil sunflower seeds (LO) for 187.8 thousand forints/ton (-27 percent) in the first week of March .
Original content
The producer price of industrial sunflower seeds (including high oleic sunflower seeds) without VAT and transport costs was HUF 190.1 thousand/ton (-26 percent) on average. After signing up, the system will send a confirmation email to the specified email address. If you ...
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