According to the FCS, from September to December 2019. Russian exporters have supplied to foreign markets 195 thousand tons of soybean oil, which is 18% higher than the same period last season. The growth in exports was mainly due to China. The Agency said Grain Online.
Negative on the market can make possible increase of export duties on sunflower
16-17 April 2020 the capital of Sunny Uzbekistan, Tashkent city, will be meeting representatives of the agricultural business in over 20 countries in the framework of the international conference - Asia Grains&Oils Conference in Tashkent 2020 (International hotel Tashkent).
The drop in futures quotations of palm oil and fears of weakening demand due to the outbreak of the novel coronavirus has reduced prices on crude sunflower oil from Russia.
Due to environmental problems and destruction of endemic plants of the Ecuadorian farmers, with the support of environmentalists are suing the company focused on oil palm
Export of sunflower seeds from Russia increased in December can exceed 100 thousand tons to 71 thousand tons in November, according to the monitoring "Sovekon".
About the course of harvesting agricultural work
Experts of Oil World in its December report conducted a downward adjustment of forecast of production of flax seed in this season – from 3.01 million tonnes in the previous estimate to 2.87 million tons, but still more than last season (2,66 million tons).
According to the Federal center for grain quality, the grain in the current season (July 1 to December 10, 2019) Russia exported 506 thousand tons of soybeans, which is 61% higher than the same period of the 2018/19 season.
Company ID-Marketing has analyzed the new strategy of the Ministry of agriculture "Export of agricultural products".
Import duties of 30% on U.S. soybeans may have to soon pay to China, according to Bloomberg on December 3.
The USDA predicts a decline of stocks of sunflower by 15% to 2.3 million tonnes at the end of season 2019/20.
Sunflower prices on the Russian domestic market last week began to rise for the first time since mid-September, according to the monitoring of the analytical centre "Sovekon".
The group of companies "Agroterra" has completed production season 2018-2019 biennium in all regions. The basic culture of the company gave a yield higher than planned, despite the invasion of pests in canola and soybeans, the drought and summer frosts in the Penza region, hurricanes and hail in Kursk, Lipetsk and Tula regions, as well as long rains in all regions of presence in the harvest.
According to operational data of the agricultural administrative bodies of constituent entities of the Russian Federation as of November 18, 2019 in whole country grains and legumes threshed from the area of 45 million hectares or 96.3% of to cultivated area (in 2018 44.4 million ha), and produced 125.2 million tons of grain (in 2018 – 115,6 million tons) with a yield of 27.8 C/ha (in 2018 26 t/ha).
From the Urals for the first 10 months of 2019 were exported abroad 96,78 thousand tons of grain and products of its processing.