Ukraine expects good sunflower crop in 2021. USDA experts have raised the forecast of sunflower harvest in Ukraine

Mintec Global
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ODESA: USDA experts have increased the forecast for the sunflower harvest in Ukraine by 0.8 million tons to 17.5 million tons (16.7 million tons the previous forecast) in 2021/22 MY.

Unicaps Sunflower seeds

Analysts also raised the estimate of sunflower meal production from 6.71 million tons to 6.93 million tons, sunflower oil production – from 6.99 million tons to 7.23 million tons.

At the same time, USDA experts slightly lowered the forecast for the global sunflower harvest in 2021/22 MY from 56.99 million tons to 54.94 million tons.

At the moment, the sunflower CPT price in ports varies from UAH 15,000 to UAH 16,000. But the market is very calm on the threshold of a new season.

 

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