Russia in 2022 can update the record for the collection of oilseeds
Russia
Published Sep 26, 2022
Tridge summary
The volume of the gross harvest of oilseeds in the Russian Federation in 2022 may reach a record 28 million tons, there is enough processing capacity, Mikhail Maltsev, executive director of the Oil and Fat Union of Russia, said at the conference "Crop production in Russia-2022/23".
Original content
"The harvest is growing, we are waiting for another record this year. According to our estimates, about 28 million tons of oilseeds (sunflower, rapeseed, soybeans - ed.) will be harvested. Taking into account the amount of capacity that we will have this season to function, this is about 30 million tons, we will process the planned volume in full, which is about 26 million tons for processing," Maltsev said. As for exports, this year it is expected to reach 1.3 million tons, the head of the Fat and Oil Union continued. He recalled that in 2021 the figure also showed a decrease, amounting to about 1.5 million tons against 3 million tons in 2020 - the dynamics is due to the protective measures of the Ministry of Agriculture. The volume of exports of processed products, in particular, vegetable oils, is expected this year in the amount of over 7 million tons. "Since the oilseed harvest around the world is quite good, today we can say that the trend will remain horizontal. We see no ...
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