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Turkey’s Marketing Year (MY) 2019/20 sunflowerseed area and production is estimated at 730,000 hectares (Ha) and 1.66 million metric tons (MMT), of which 1.5 MMT is for use as oilseeds.
On August 23, 2019, the People’s Republic of China’s Ministry of Finance (MOF), State Council Tariff Commission (SCTC) announced new tariffs on certain U.S. products, valued at $75 billion USD.
A 19 percent drop in rapeseed area leads to a significant, overall decline of major oilseeds area and production within the EU in MY 2019/20.
Estimated soybean production for marketing year (MY) 2019/20 (Oct.-Sept.) is revised lower to 10.5 million metric tons (MMT) on 11.2 million hectares.
Soybean meal (SBM) consumption for 2019/20 and 2018/19 are unchanged from August’s report, but down from their preceding year as domestic swine inventories continue to shrink....
Oilseed planted area is forecast to climb by nine percent in Marketing Year (MY) 2017/18.
Mexican oilseed production is expected to fall in marketing year 2017/18, as reduced government support and other factors make alternative crops more attractive for farmers.
It is estimated that in MY 2017/2018 (July-June) rapeseed planted will amount to 920,000 hectares, an 11 percent increase in comparison to the previous year due to good prices for rapeseed....
It is estimated that rapeseed planted area in MY 2017/2018 will increase to 160,000 hectares, and will be four percent higher than in the previous year.
Total production of rapeseed in MY 2017/18 is forecast to increase by 13 percent to 290,000 MT in comparison to MY 2016/2017.
In Marketing Year (MY) 2015/16 (Calendar Year [CY] 2016), the U.S. overtook Brazil to reclaim its position as the largest exporter of soybeans to Vietnam due to more competitive prices.
Bulgarian farmers are expanding the planted areas under oilseed crops in the new season MY2017/18 led by sunflower seeds.