A high sowing rate will increase the yield of sunflower in the new season
According to the forecast USDA, the black sea countries in 2018/19 Mr will increase compared to the previous season sunflower production by 3 million tonnes to of 30.33 million tonnes due to the growth of crops in Ukraine from 13.7% to a record 15.5 million tons, and Russia with 10 to 11.5 million t. production Growth due to the expansion of acreage and increase in yield of sunflower.
In Ukraine as of may 21 sunflower sown 5.4 million hectares (98% of the forecast), and the total sowing area is estimated by experts at about 6.4-6.5 million hectares. it is Expected that productivity will grow by 8-10% to 2.3-2.5 t/ha.
In Russia, according to IKAR, sowing area of sunflower will increase by 100 thousand hectares to 8 million hectares. Current weather conditions and sowing rate confirm the optimism of experts, although as of may 17 sunflower sown 4.7 million hectares, which is 100 thousand hectares lower than in the corresponding period in 2017.
In Ukraine, the continuing decline in prices for sunflower, due to the strengthening of the hryvnia and the decline in export demand and prices for sunflower oil. Week prices for sunflower seeds fell by 200-300 UAH/t and are 12500-12600 UAH/t with delivery to the plant or 12200-12300 UAH/t on the French economy.
In Russia, low raw materials inventory to support the price of sunflower. Remains of sunflower farms as of may 1 was 578,5 kt, which is 26.3% less than it was on April 1, 2017.