Sunflower harvest in Turkey will decrease, while wheat will increase in 2023/24 MY

Published Oct 31, 2023

Tridge summary

The gross harvest of sunflower in Turkey for the 2023/24 season is expected to be 2.2 million tonnes, which is 400,000 tonnes lower than earlier predictions. Additionally, soybean production in the region is likely to be 11% lower than the previous year, while grain estimates have increased by 2 million tonnes, 7% higher than the previous season. The forecast for wheat has seen the most significant adjustment, with an increase of 1.3 million tonnes.

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

Original content

According to the second estimate of Turkstat, the gross harvest of sunflower in Turkey in the season-2023/24 may reach about 2.2 mln tonnes, which is 400 thsd tonnes lower than the previous forecast of experts. The current production of the oilseed in the country is also 14% lower than in the previous agricultural year. Besides, the production of soybeans in the region is expected to be 11% lower than the final result of 2022/23 MY – 137.5 thsd tonnes. As for the grains, the estimates for these crops increased by 2 mln tonnes compared to the previously announced figure – up to 41.5 mln tonnes, which is also 7% higher than the previous season. The experts adjusted the forecast for wheat most significantly: by 1.3 mln tons to 21.8 mln tons (+10% per year). Barley production ...

Source: UkrAgroConsult