The U.S. Department of Agriculture (USDA) downgraded the forecast for export of major oilseeds from Ukraine for the 2020/2021 marketing year (MY, September- August) by 250,000 tonnes compared to the August forecast, to 4.35 million tonnes.
According to a report on the website of the USDA, the forecast for sunflower oil exports for the 2020/2021 MY remained unchanged at the level of 6.96 million tonnes.
The U.S. department anticipates that oilseed processing will amount to 18.23 million tonnes in Ukraine, estimates being lowered by 200,000 tonnes compared to the forecast in August.
In September, the USDA downgraded the forecast for Ukraine’s sunflower harvest in 2020/2021 agri-year by 500,000 tonnes, to 17 million tonnes, sunflower meal production by 83,000 tonnes, to 6.94 million tonnes, and for sunflower oil by 86,000 tonnes, to 7.22 million tonnes.
In addition, the USDA in September maintained the forecast for Ukraine’s export of sunflower oil in the 2020/2021 MY at the level of 6.6 million tonnes, at the level of 5.2 million tonnes for sunflower meal, but lowered the forecast for sunflower export by 50,000 tonnes, to 150,000 tonnes.
