Niche oilseeds remain attractive for export

Published 2024년 11월 30일

Tridge summary

The article reports on the dynamics of the cultivation of niche crops in Russia, specifically focusing on oil flax, safflower, and camelina. It highlights an increase in the cultivation area for oil flax and safflower, while camelina's cultivation has seen a decrease. The average yield for these crops has improved, leading to a gross harvest at the same level as the previous year. Despite occupying only 11.5% of the total oilseed area, these niche crops contribute less than 6% to the total harvest. The article also notes that flax is gaining popularity due to its environmental friendliness and export potential, while safflower's area has decreased, with Kazakhstan being the leading producer. Mustard cultivation has seen an increase in the last three seasons, occupying 2.4% of the total oilseed crops. The article anticipates an increase in agricultural export volumes for the upcoming season.

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

Original content

According to the Oil and Fat Union of Russia, the area under oil flax was higher this year than last year — almost 1.7 million hectares against 1.4 million hectares, respectively. However, these are not the largest crops of the agricultural crop in recent years; in 2022, it occupied just over 2 million hectares. Safflower was sown this year on 142 thousand hectares against 138 thousand hectares in 2023. In 2022, the agricultural crop occupied 329 thousand hectares. But the area under camelina has been decreasing in the last two years: if in 2022 they amounted to 60 thousand hectares, then in 2023 and 2024 — 37 thousand hectares and 31 thousand hectares, respectively. At the same time, the agricultural crop yield this year, according to data as of the beginning of August, increased on average in Russia to 5.6 c/ha from 4.9 c/ha in 2023, so its gross harvest this season is at the level of last year - 15 thousand tons in the qualifying weight. The safflower yield this year is also ...

Source: AgroInvestor