USDA: forecast for the Black Sea oilseed crop cut by 1 MMT 11 October, 2019 at 16:10

In the October report, USDA cut its estimate for the Black Sea oilseed crop in MY 2019/20 to 45.103 MMT (-1 MMT).

 

The decrease resulted from a downward adjustment to the forecast for Ukrainian sunflower production, which is now pegged at 14.5 MMT (-1 MMT).

 

The soybean crop estimate for Turkey was raised by 5 KMT, to 105 KMT.

 

USDA: Oilseed production estimates for Black Sea and CIS countries, KMT

 

Sunseed

Soybeans

Rapeseed

2019/20

October

2019/20

September

2019/20

October

2019/20

September

2019/20

October

2019/20

September

Ukraine

14 500

15 500

3 600

3 600

3 100

3 100

Russia

13 000

13 000

4 300

4 300

2 100

2 100

Kazakhstan

800

800

-

-

320

320

Moldova

900

900

-

-

50

50

Turkey

1 750

1 750

105

100

88

88

Belarus

-

-

-

-

490

490

Total

30 950

31 950

8 005

8 000

6148

6148