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World stocks of sunflower will be reduced by 20%
As can be seen from the July report of the us Ministry of agriculture (USDA), the world's supply of sunflower seeds at the end of the 2019/2020 season (September-August) will be reduced by more than 20% - to 2.6 million tons.
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This figure will become the minimum after the season 2011/2012, when ending stocks totaled 2.54 million tons. This will be influenced by several factors. Partly affected by the reduction in acreage of sunflower 26,19 million hectares in the season 2018/2019 to 25.88 million hectares. Accordingly, projected a decline in world production of sunflower – 50,51 million tonnes according to a new forecast by the USDA against 51,51 million tons in the season 2018/2019.

But at the same time and expected growth of sunflower. Thus, according to the new forecast, the production of sunflower meal in the world will be in the next season, loss of 21.16 million tonnes (an increase of 50 thousand tons), and sunflower oil – of 19.72 million tons (increase by 50 thousand tonnes).

And expected growth of world imports of sunflower and its products, although the growth rate will slow down.

 

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Translated by service "Yandex.Translation"
Источники: Oilworld
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