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Monthly report on crop acreage, yield and production in major countries worldwide. Sources include reporting from FAS’s worldwide offices, official statistics of foreign governments....
This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in oilseeds.
Bulgaria: Smallest Sunflower Crop in a Decade to Severely Impact Bulgarian Crush and Product Exports
FAS/Sofia estimates a reduction in Bulgarian oilseeds crops in marketing year (MY) 2024/25 due to extremely hot and dry weather conditions in July and August. FAS/Sofia estimates the rapeseed crop at 190,000 metric tons (MT), down nine percent from last year and 36 percent from two years ago.
Forecast soybean production for MY 24/25 is unchanged at 19.6 million metric tons (MMT) based on a planted area of 9.95 million hectares (Mha). Relatively low and declining soybean meal (SBM) prices since the beginning of MY 23/24 could encourage more SBM use in feed production.
With full implementation of a 7 percent blend in 2015, biodiesel production is forecast to reach 537 million liters, up from 359 million liters in 2014.
MY 2015 sunflower seed area and production are now estimated at 505,000 hectares and 1 MMT, respectively.
The low price of soybeans is expected to push China’s soybean imports to a record 76 million tons in MY14/15, up from the 70.4 million tons in the previous year.