USDA raises sunflower seed yield forecast for Ukraine by 1 mln tonnes

09:43, 10.10.2015 1 min read

The U.S. Department of Agriculture (USDA) in October raised the forecast of the yield of sunflower seeds in Ukraine in 2015 by 1 million tonnes, to 11 million tonnes, compared to its forecast announced in September.

The forecast for sunflower oil production in the 2015/2016 marketing year (September 2015 through August 2016) was also increased by 9.5%, to 4.578 million tonnes, the USDA said on its website.

Sunflower oil exports were projected at 4 million tonnes, which was 8% up on the previous forecast.

Oilseed meal projection is expected at 4.55 million tonnes against 4.179 million tonnes forecast in September.

Oilseed meal exports are projected at 4 million tonnes (3.7 million tonnes in September).

As was reported with reference to the State Statistics Committee, Ukraine harvested 10.1 million tonnes of sunflower seeds last year, which was 7.7% down on 2013.

Ukraine is among the world's leaders in production and export of sunflower oil.