According to forecasts of Oil World analysts, world production of sunflower in 2017/18 season - will decrease by 1,2 million tons in comparison with last year's indicator — to 48,4 million tons. It will reduce the production of sunflower seed and ground oil-cake more than it was supposed earlier.
In particular, in the CIS countries total yield can be reduced by 1,8 million tons or for 6%, to 26,4 million tons. As for Ukraine harvest is reduced by 0,2 million tons to 13,4 million tons, for Russia — by 0,5 million tons to 11,3 million tons.
For the EU, the world's third producer of sunflower, approximately estimated harvest is 8,7 million tons that will surpass the result of the last year (8,5 million tons), mainly, because of good harvest in France and Spain.
For Argentina the harvest forecast remained the same — 3,8 million tons, however analysts note that this indicator can decrease if the sowed area under oils is less than planned. The record yield of sunflower in the current season is expected in Turkey — 1,7 (1,5) million tons.
At the same time Foreign Agricultural Service of the Ministry of Agriculture of the USA (FAS USDA) has lowered the forecast of world production of sunflower. In comparison with the September report in October assessment is reduced by 1 million tons to 46,3 million tons. Including total yield in Ukraine, as expected, will be approximately 13,5 million tons (it was15,2 million tons in 2016/17 season), in the European Union — 8,5 million tons (-70 thousand tons comparing to 2016/17year). Concerning Russia the forecast in October report is lowered by 0,5 million tons to 11 million tons that is slightly higher than record indicator of 2016 as the Ministry of Agriculture of the USA does not consider the Crimea.
Last year the harvest of sunflower in Russia was 11 million tons, from them 152 thousand tons were harvested in the Crimea.
Total production of oily agricultures, according to the October forecast of FAS USDA, will be 577 million tons that is 1,6 million tons less than in September assessment, but 5,5 million tons more than in 2016/17 season. From this total volume soybeans are 347,9 million tons, but total yield will decrease this year by 3,3 million tons, 71,9 million tons — of colza, world harvest of which, on the contrary, will show small growth by 1,53 million tons to 71,88 million tons, writes agriculture.by with reference to Oil World.
