A 5 percent higher sunflower seed yield is expected

By: STA Date: 2024. 02. 20. 10:00

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.

(Photo: Pixabay)

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.