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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....
Labor shortages, compulsory holidays (including three major ones in August and September) as well as voluntary holidays tacked on to create longer leave meant there were fewer days left to collect....
The planned rollout of 10 percent biodiesel blend (B10), initially scheduled on July 1, 2016, and deferred to January 1, 2017, has been postponed indefinitely.
There have not been any significant developments since last year’s 2016 report....
During the first eight months of Marketing Year (MY) 2016/17 (Calendar Year [CY] 2017), Brazil became the leading soybean exporter to Vietnam, replacing the United States due to competitive prices.
Heavy rains during August and September have caused noteworthy damage across Argentina’s main crop areas (specifically in the provinces of Buenos Aires, Santa Fe and Cordoba).
U.S. exporters who want to enter or expand in India’s market have an array of opportunities available due to the country’s growing population and increasing demand for food and agricultural goods.
MY 2017/18 total sunflowerseed area and production are estimated at 700,000 hectares and 1.55 million MT of which 1.45 million is oilseed and the rest confection seed.