sunflower field

USDA again downgrades sunflower and oil forecast for Ukraine


Source: Ukragroconsult (Ukraine)

The US Department of Agriculture (USDA) has updated its forecast for the production of Sunflowers and sunflower products in Ukraine in Wirtschaftsjahr 2024/25. This is according to data from the USDA report for September.

According to the report, the sunflower harvest is estimated at 12,5 million Tonnen estimated, which is 1 million tons less than in August. The experts have left the forecast for oilseed exports at 230 thousand tons.

According to experts, sunflower oil production in Ukraine in the 2024/25 marketing year will amount to 5,226 million tons (-430 thousand tons), of which 4,825 million tons (-400 thousand tons) will be exported.

Flour production will amount to 5,018 million tonnes (-413.000 tonnes) and exports are estimated at 3,925 million tonnes (-300.000 tonnes).

The experts expect a global sunflower harvest of 50,553 million tons (-1,96 million tons compared to the previous month's forecast), oil production of 19,815 million tons (-764.000 tons) and sunflower meal production of 20,951 million tons (-819.000 tons).

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