Russia: Oilseeds and Products Annual
FAS/Moscow anticipates production of the three main oilseed crops in Russia in MY 2018/19 at 16.9 MMT, a 7.3 percent increase over MY 2017/18 driven by higher sunflowerseed and soybean production. Exports of oilseeds in MY 2017/18 are estimated 1.2 MMT, a 34 percent increase from MY 2016/17, reflecting higher production of rapeseeds and soybeans and good demand from China. Oilseed meal production is forecast at 9 MMT in MY 2018/19, a 7 percent increase due to the larger oilseeds supply and improved crushing capacity. Vegetable oils exports are forecast to increase by 9.3 percent in MY 2018/19 to 3.5 MMT, reflecting improved crushing capacity and increased soybean oil exports to China.
