Turkey harvested a bumper sunseed crop

9 October, 2018 at 16:10

The USDA reports that the sunseed crop in Turkey amounted to 1.63 MMT this season (up 5% on the year). Sunseed imports are forecast to be up 7% year-on-year at 800 KMT in the current season. As a reminder, Moldova, Russia and Bulgaria are still the top suppliers of sunseed to Turkey.

At the same time, sunflower oil exports will fall by 8% against last season, to just 350 KMT.

This season, sunflower meal production will increase 6%, to 1.22 MMT. Sunflower meal imports will remain roughly at last year’s level – 919 KMT.

Sunflower oil production will rise to 940 KMT this season owing to a reduction of sunseed import duties from 27% to 13%. The import duty on sunflower oil was left at 36%.

Previous news 8 October, 2018 at 16:10

Sunseed production in Moldova heading towards a new record high

Moldovan market participants expect that the sunseed crop may rise to 950 KMT in 2018

Next news 9 October, 2018 at 17:10

Bulgaria. Rapeseed yield failed growers in 2018/19 season, but importers will not be affected

The final rapeseed crop figures published by the Ag Ministry of Bulgaria were left unchanged from their preliminary level.