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- (-) Oilseeds (excl. soybean)
- (-) July 2018
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Russian agriculture has been one of the fastest growing segments of the economy in recent years with gross output up 2.4 percent in 2017, as the Russian economy emerged from a two-year recession.
In marketing year (MY) 2018/19 (July-June), Polish rapeseed production will drop to 2 million metric tons (MMT), a 26 percent decrease from MY2017/18.
Dry weather conditions throughout the winter and mild winter and spring temperatures, along with abundant spring precipitation have delayed grain crop development in Spain.
The production of sesame and soybeans is forecast to climb in MY18/19 (Oct-Sep), while Niger seed production is expected to remain unchanged.
On June 19, 2018, China’s Ministry of Finance announced that as part of the Second Amendment to the Asia-Pacific Trade Agreement, China will reduce tariffs on imports of a number of products....
Bulgaria’s rapeseed harvest commenced earlier than normal this year. About two percent of rapeseed area was harvested as of June 22.
The Tunisian Ministry of Agriculture estimated olive oil production for MY 2014/15 at 320,000 MT, which is a record high.
The beginning of marketing year 2015/16 features higher production volumes for sunflower seeds and soybeans, while rapeseed production is lower compared to the previous marketing year.
Pakistan continues to expand its imports of soybeans, importing over 500,000 metric tons in 2014/15 (a record), with projected 2015/16 imports of 1.5 million metric tons.
The first tentative post-harvest data on 2015 oilseeds crops showed rapeseed production in line with AgSofia’s earlier forecast, however, the sunflower crop declined due to the summer heatwave.
2015/2016 sunflower production is revised down to 2.61 million tons on an increasingly less profitable situation, especially in Buenos Aires and La Pampa provinces.
Post forecasts the 2015/16 soybean production at a record of 98.5 million metric tons despite the slow planting start for the second year in a row in the center-west region.