In 2014/15 MY Russia to reduce sunflower seed and oil production - APK-Inform
In 2014/15 MY Russia will decrease production volumes of sunflower seed compared with the record index in the previous season - to 8.9 mln tonnes, against the record volume of 10.1 mln tonnes, forecasted Elena Karasik, oilseed market analyst of APK-Inform Agency, on June 25 at the round table discussion "Supply and demand balances of sunflower seed and oil in Russia: current condition and prospects”, held in Rostov-on-Don.
According to estimations of APK-Inform, next season the planted areas under the oilseed in Russia will total nearly 7.1 mln ha, and the yield will total 1.33 t/ha, the expert added.
As for the volume of sunflower oil production in Russia in 2014/15 MY, E.Karasik estimated the index at 3.6 mln tonnes, against 4 mln tonnes in the previous season.
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