Among world producers of high-oleic sunflower seed, Ukraine ranks second

Published Oct 24, 2023

Tridge summary

High-oleic sunflower is a niche but promising crop in Ukraine, occupying about 7-10% of the cultivated area. The decrease in sunflower cultivation is attributed to the war and its impact on occupied territories, military operations, and high input costs. Despite this, Ukraine remains the second-largest producer of sunflower oil in the world, and there is expected to be a shortage of oil in the market, leading to an increase in prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In Ukraine, high-oleic sunflower occupies about 7-10% of the total cultivated area of the crop. This segment is still considered a niche, but has great prospects. This was noted by Serhiy Tymoshenko, general director of "MAS Seeds-Ukraine", IA "APK-Inform" writes. Follow the news in a convenient format: Follow us on Twitter In the pre-war years, at its peak, the cultivated area of sunflowers in Ukraine reached 6.5 million hectares. 5.3 million hectares were sown this year. The decrease is caused by the war (occupied territories, military operations, destroyed or lost military equipment, shelling and mined territories, high prices for fertilizers and energy carriers, etc.), Tymoshenko explained, noting that the situation affects the overall price of high-oleic oil. Today, Ukraine ranks second in the world in terms of sunflower oil production after France. This year, the acreage decreased slightly due to the decrease in the premium, but the world demand for VO oil exceeds the ...
Source: Landlord

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