A 5 percent higher sunflower seed yield is expected
The USDA expects a world sunflower seed harvest of 55.1 million tons in 2023/2024. economic year, this may exceed the volume of the previous year by 5 percent.
The global output may be 749,000 tons below the indicated consumption of 55.8 million tons, so the closing stock may be around 3 million tons in 2023/2024. at the end of the season. According to Tallage, sunflower seeds can occupy the same area as a year ago, 4.9 million hectares, this year in the European Union. Part of the autumn sowing area lost due to dry weather or excessive rainfall may be planted with sunflower seeds, mainly in Bulgaria, Romania and France. According to AKI PÁIR data, processors and traders bought sunflower seeds with a high oleic acid content (HO) for HUF 149,000/ton and high oil content (LO) for HUF 133.9,000/ton (-34 percent) in the second week of February. The producer price of industrial sunflower seeds (including high oleic sunflower seeds) without VAT and transport costs was HUF 141.8 thousand/tonne (-30 percent) on average.
AKI PÁIR
Related news
No significant change in pear prices
According to preliminary data from the World Apple and Pear…
Read more >We are further strengthening our agricultural relations with France
France is an important ally of our country in order…
Read more >Corn producer prices up 30 percent year-on-year
According to Tallage, the spot export price of corn grown…
Read more >Related news
Márton Nagy: the turning point is here, the Hungarian economy will shift to a higher growth path in 2025
According to the Central Statistical Office, the economy grew by…
Read more >Unilever and Tesco: There is no future without sustainability
Unilever CEO Hein Schumacher has said it is time for…
Read more >To curb climate change, efforts need to be multiplied – climate protection survey among domestic companies
66 percent of Hungarian companies committed to a sustainable transition…
Read more >