This year, sunflower harvest in Russia will decrease by 9%, while soybean and rapeseed harvests will be record-breaking

Published Nov 12, 2024

Tridge summary

The sunflower harvest in Russia is projected to decrease by 8.7-9.2% this year, reaching 15.8-15.9 million tons, according to Vladimir Petrichenko, CEO of ProZerno. This is due to reduced forecasts for soybeans, rapeseed, and oilseed flax. The total harvest of the four main oilseed crops may either remain the same as last year or slightly decrease by 1.2%, with last year's harvest totaling 29.9 million tons. The sown area for oilseed crops has increased by 7.1% compared to the previous year, with the largest increase seen in soybeans and rapeseed.

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

Original content

The sunflower harvest in Russia this year will decrease to 15.8-15.9 million tons, which is 8.7-9.2% less than the 2023 harvest (17.3 million tons), Vladimir Petrichenko, CEO of the ProZerno company, shared his calculations. "Forecasts fluctuate, recently they have slightly reduced estimates for soybeans, rapeseed and oilseed flax, but there is a slight increase in sunflower. Now we estimate the sunflower harvest at 15.8-15.9 million tons. Soybeans can be harvested at 7-7.1 million tons, rapeseed - 4.7-4.8 million tons, oilseed flax - 1.3 million tons," Petrichenko told Interfax. According to his estimates, the overall harvest of the four main oilseed crops (sunflower, soybeans, rapeseed, oil flax) may remain at the level of last year or be 1.2% lower. Last year, the harvest of all oilseed crops amounted to 29.9 million tons, including 17.3 million tons of sunflower, 6.8 million tons of soybeans, 4.2 million tons of rapeseed, 1.15 million tons of oil flax. "The shortfall in ...

Source: Milknews