KYIV. June 14 (Interfax-Ukraine) – The U.S. Department of Agriculture (USDA) has revised its forecast for sunflower oil production in 2016/17 agricultural year (September-August) upwards by 7.6%, to 5.372 million tonnes compared to its May forecast.
The USDA said on its website that the forecast of the yield of sunflower seeds in Ukraine was revised upwards by 1 million tonnes, to 13 million tonnes.
The forecast for sunflower oil exports was revised upwards by 6.7%, to 4.8 million tonnes, oil cake – by 9.8%, to 4.5 million tonnes. Oil cake production could reach 5.31 million tonnes.
Ukraine is the world’s leader in production and exports of sunflower oil.
