Thus, the record of the season 2018/2019 - 51,47 million tons according to current estimates by the USDA - will not be surpassed. USDA experts believe that sunflower production will decrease and the Ukraine (15 million tons to 14.8 million tons), and Russia (from 12.71 million tonnes to 12.5 million tonnes). In addition, quite a significant reduction in production is projected for Turkey and 1.8 million tons in the current season and 1.55 million tons in the following.
Thus, the expected increase in world production of sunflower meal (21,34 million tons against 21,13 million tonnes) and sunflower oil (19.9 million tons of 19.69 million tons). USDA experts predict that Ukraine will reduce production of these products, and Russia, on the contrary, will increase.
Also slightly increased forecasts of world imports of sunflower seeds (2.29 million tons, according to the new forecast), sunflower meal (of 7.52 million tonnes) and sunflower oil (8,84 million tons). The main importers are the countries of the European Union and Turkey.
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Translated by service "Yandex.Translation"