Argentine 2009 Sunseed Crop Lower

Oil World forecasts Argentina’s sunseed crop at 3.8 mln t in marketing year 2009 (Jan. - Dec.). This is below the 4.4 mln t harvested this year and should be a result of a lower harvested area of 2.24 (2.58) mln ha and expected lower yields of 1.67 (1.71) t/ha.

The Argentine agriculture ministry reports that sunseed plantings were done on 59% of the intended area as of Nov. 7, 2008, lagging last year’s pace of 69%.