Sunflower harvest in Russia in 2022 may reach 16-16.4 million tons

Published 2022년 12월 1일

Tridge summary

Russia's 2022 sunflower harvest is projected to reach a record 16-16.4 million tons, despite weather challenges, with the actual figure potentially reaching 16.3-16.4 million tons, according to Vladimir Zhilin of Rusagro Group and Dmitry Rylko of IKAR. However, the sunflower harvest faces serious issues due to difficult weather conditions, leading to losses. The price situation in the oilseeds market is currently seen as hopeless, although there has been a positive trend in the sunflower and rapeseed markets, according to Rylko.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The sunflower harvest in Russia in 2022 may reach 16-16.4 million tons, which will be a record figure, despite the prevailing weather conditions in a number of regions of the country. Vladimir Zhilin, Head of the Commodity Market Analysis Department at Rusagro Group, announced this during the conference "Agrotrends of Russia - 2022-2023". "I made a reasonably pessimistic forecast for myself. It turned out to be 16 million tons. Colleagues on the market estimate the harvest at 16.3-16.4 million tons. This is also realistic. Last year, the harvest was 15.7 million tons, and this was also a record" , - he said. The expert stressed that he is not yet "ready to give up positions" on the expectations of a record sunflower harvest in the country. At the same time, he noted that now there is a very serious problem with sunflower harvesting due to difficult weather conditions, so there will be losses. “When I predicted, I saw the potential of more than 17 million tons of gross harvest. Now ...
Source: Kvedomosti

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