The USDA has increased the forecast for the export of sunflower oil from Ukraine to 5 million tons

Published 2024년 12월 12일

Tridge summary

The USDA's December report reveals an uptick in Ukraine's sunflower crop forecast to 12.9 million tons, with expectations for sunflower oil and meal production to reach 5.398 million tons and 5.183 million tons, respectively, in the 2024/25 season, with significant increases in export volumes. Globally, the sunflower harvest is projected to grow to 50.512 million tons, with oil and meal production anticipated to reach 19.957 million tons and 21 million tons respectively, marking positive trends in the sunflower industry.

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

Original content

This is evidenced by data in the USDA report for December. Thus, the sunflower crop is forecast at the level of 12.9 million tons, which is 0.4 million tons more than the previous estimate. Experts left the oil export forecast at 230,000. t. According to experts, 5.398 million tons of sunflower oil (+172 thousand tons) will be produced in Ukraine in 2024/25, of which 5 million tons (+175 thousand tons) will be exported. Meal production will amount to 5.183 million tons (+165 thousand tons), and export is forecast at the level of 4.1 million tons (+175 thousand tons). Experts forecast the world sunflower ...

Source: AgroPortal.ua