The reduction will occur due to reduction of soybean crop in Turkey, analysts say. Thus, the collection of soybean in the country is estimated at 100 thousand tons against 120 thousand tons in the February report.

The production of rapeseed in the black sea region remained at the same level – 2721 thousand tons.

Forecast of production of sunflower, according to the USDA report, increased to 26811 thousand tons (+120 thousand tons) due to the growth of sunflower production in Turkey, 1,320 thousand tons.

Photo: profi-forex.org