EU Sunseed Production
Oil World says that EU-27 sunseed production in the marketing year 2009/10 (Aug/July) will be 6.7 MMT, fractionally lower than the 6.8 MMT produced in 2008/09.
Output in Europe's largest producer France is pegged at 1.7 MMT (1.6 MMT last year), in Hungary at 1.3 MMT (1.5 MMT), in Romania at 1.2 MMT (unchanged), in Bulgaria at 1.1 MMT (1.0 MT), and in Spain at 730,000 MT (820,000 MT).
Sunseed Supply And Demand In 2009/10
According to Oil World global sunseed production in 2009/10 is seen at 32.4 MMT, that's up from their previous forecast of 32.1 MMT but below the 33.7 MMT produced in 2008/09.
Production in the EU is forecast at 6.5 MMT (6.7 MMT in 2008/09), Russia at 6.4 MMT (7.0 MMT), Ukraine at 6.0 MMT (6.7 MMT) and Argentina at 3.8 MMT (3.0 MMT).
Global crush is forecast at 29.1 MMT, down 1 MMT on 2008/09.
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%.
Argentine Soybean Harvest 50% Complete
Argentina's soybean harvest has reached about 50 percent. First-crop soybeans are showing signs of good to very good yields. Second-crop soybeans were much more negatively affected by dry conditions throughout the growing season, and reported yields are lower as a result, according to a U.S. Department of Agriculture attache report posted Wednesday on the Foreign Agricultural Services Web site.
Post contacts estimate that by the end of this week, around 57 percent of the entire soybean crop will be harvested. Last year, the harvest advance had reached about 50 percent for this time of year.
The post says the USDA maintains its 2007/08 soybean forecast at 47.5 million tons. This year's sunflower crop, which has now been completely harvested, fared very well and had above average yields for the main sunflower growing regions. Post maintains USDA's forecast for sunflowerseed production at 4.5 million tons on a harvested area of 2.7 million hectares.
