This year, Ukrainian farmers will increase the area under sunflower seed
Sunflower Seed
Ukraine
Published Jan 21, 2022
Original content
This was reported by the press service of the Electronic Grain Exchange of Ukraine Graintrade. According to the Ukroliyaprom Association, in 2021/22 MY the sunflower harvest in Ukraine increased by 25.9% compared to the previous season to 16.5 million tons, soybeans - by 22.7% to 3.4 million tons, rapeseed - by 15.4% to 3 million tons. While world production of oilseeds, according to USDA estimates, in 2021/22 MY will grow by 3.9% to 627.5 million tons, including sunflower - by 16.1% to 57 million tons, soybeans - by 4.2% to 381.8 million tons, although rapeseed production will decrease by 6.6% to 68.3 million tons, "- said in a statement. However, a significant sunflower harvest in Ukraine and around the world will not necessarily lead to lower seed prices. We will remind that in the previous season the prices for sunflower in Ukraine doubled, and in separate periods reached 25−27 thousand UAH / t. Experts do not predict a sharp rise in sunflower prices in 2021/22, but they do ...
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