USDA has increased the forecast for exports of soybeans, rapeseed and sunflower oil from Ukraine

17/03/2023 10:51

The United States Department of Agriculture (USDA) has increased production and export forecasts of sunflower processing products and some oil crops from Ukraine in 2022/23.

This is evidenced by the department's report for March.

Thus, experts increased the estimate of the export of sunflower oil to 3.95 million tons (+100 thousand tons) and sunflower meal to 3.3 million tons (+100 thousand tons), the export of sunflower seeds remained at the level of the February forecast - 2.65 million tons

In addition, the estimate of sunflower oil production in the current season rose to 4.386 million tons (+86 thousand tons), meal — to 4.213 million tons (+83 thousand tons).

At the same time, experts increased the estimate of the export of rapeseed in the current season to 3.1 million tons (+250 thousand tons) and of soybeans to 2.1 million tons (+300 thousand tons).

The United States Department of Agriculture (USDA) has increased production and export forecasts of sunflower processing products and some oil crops from Ukraine in 2022/23.

This is evidenced by the department's report for March.

In addition, the estimate of sunflower oil production in the current season rose to 4.386 million tons (+86 thousand tons), meal — to 4.213 million tons (+83 thousand tons).

At the same time, experts increased the estimate of the export of rapeseed in the current season to 3.1 million tons (+250 thousand tons) and of soybeans to 2.1 million tons (+300 thousand tons).