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1 November 2017

Demand for Ukrainian Sunflower Oil Will Increase In Europe

In 2017/18 MY, Ukraine can increase its presence on the European market of vegetable oils, which will be primarily due to the expected increase in demand for sunflower oil.

Such a forecast was voiced by an analyst of Agritel International Olivier Bouye.

According to the expert estimates, rapeseed oil – 61% will continue to take the leading positions in the industrial sector of vegetable oils in the EU in 2017/18 MY, followed by palm oil (29%), soy oil (7%) and sunflower oil (3%). At the same time, the high demand for rapeseed oil will be ensured by the growing production of biofuels and ethanol in the EU, due to which import of this product of processing in the EU countries is also high, and by the end of 2016/17 MY, Ukraine has become the largest supplier of rapeseed oil in the EU, having provided 43.7% of the total import volume.

“In turn, sunflower oil – 37% will take the largest share of vegetable oils consumption in the food sector in the new season, followed by rapeseed oil – 27%, palm oil – 25% and soy oil – 11%”, Bouye added.

At the same time, he recalled that, according to the results of 2016/17 MY, the volume of Ukrainian sunflower oil imports in the EU reached 1.5 million tons, which allowed the country becoming an absolute leader in shipment of this product with a share of 92.2% of the total volume purchased.

“In the new season, this indicator is likely to increase further due to changes in the structure of domestic consumption of oils in European countries”, the speaker summed up.

20 October 2017

Ukraine: The Harvesting Campaign as of October 13 2017

As of October 13, according to the operational data from the regions, Ukrainian farmers collected 45.0 million tons of grain from 11.6 million hectares (79% of the forecast 14.6 million hectares) at a yield of 38.9 per hectare.

Including:

– buckwheat – 173 thousand tons from 155 thousand hectares (85% of 182 thousand hectares) at a yield of 11.1 centners per hectare;

– millet – 77 thousand tons from 53 thousand hectares (93% of 56 thousand hectares) at a yield of 14.7 centners per hectare;

– maize – 7.0 million tons from 1.6 million hectares (36% of 4.5 million hectares) at a yield of 43.5 centners per hectare.

Moreover, harvesting of the following crops is carried out:

– sunflower – 9.8 million tons from 5.1 million hectares (86% of 5.9 million hectares) at a yield of 19.4 centners per hectare;

– soybeans – 2.4 million tons from 1.3 million hectares (66% of 2.0 million hectares) at a yield of 18.3 centners per hectare;

– sugar beet – 6.1 million tons from 142 thousand hectares (45% of 318 thousand hectares) at a yield of 432 centners per hectare.

Along with harvesting, soil bedding is carried out for winter cultures and crops. Currently, 7.7 million hectares or 96% of the forecast area (8.1 million hectares) have been prepared.

Winter crops planting for grain, for the crop of 2018, with a forecast of 7.2 million hectares, was carried out on an area of 5.8 million hectares or 81%. Including:

– winter wheat and triticale – 5.2 million hectares (84% of the forecast 6.1 million hectares);

– rye – 136 thousand hectares (84% of 161 thousand hectares);

– barley – 513 thousand hectares (55% of 926 thousand hectares).

Moreover, planting of winter rape was carried out on an area of 822 thousand hectares or 106% to a forecast of 777 thousand hectares.

6 May 2016

EU: Canola Crop Expected to Decrease in 2016

According to some European analysts, the production of rapeseed seeds in the EU will decrease to 21.2-21.4 mln. tons this year as compared to 22 mln. tons a year earlier, Reuters reported.
In particular, in Poland, the gross yield of this oilseed may be reduced to 2.45 mln. tons (-22% per year) due to the early frost in the winter and the cold weather in late April, when rapeseed had entered the flowering stage in a number of regions of the country.

In France, a slight decrease in oilseed crop is expected because of destruction of crops by fungal disease and insects. In this regard, the ODA analysts have reduced rapeseed production forecast in the country from 5.4 mln. tons to 5.2 mln. tons against 5.3 mln. tons in 2015.

In the UK, a slight decrease in the volume of the crop is also expected due to the reduction of the cultivated area occupied by rapeseed by 10% per year due to a weak demand from processors for this oilseed. In addition, a reduction in crop yields due to its destruction by pests is forecast.

At the same time, the rapeseed crop in Germany may increase by 0.6% or to 5.03 million tons, as recent frosts have not caused any substantial harm to the crop.

It is also expected that the decrease in the gross harvest of rapeseed in the EU will increase its dependence on imports of products from Ukraine, Australia, and Canada. However, the low crop of this oilseed in Ukraine in the current year may lead to a lack of its supply in the world market.

AIC-Inform

22 April 2016

Sunflower Sowing Area to Increase Worldwide in 2016/17

According to the forecasts of Oil World analysts (Germany), the sunflower sowing area is expected to increase significantly worldwide in 2016/17 up to 25.64 million hectares against 24.61 million hectares of the previous season.
The main area expansion for the sowing of oil-bearing crops will be in Russia (up to 6.9 (6.53) million hectares) and in Ukraine (up to 5.75 (5.3) million hectares), which is due to the reduction of winter crops. In addition, the relatively low cost of production of sunflower, as well as a strong demand for the products of processors will also help increase the sowing areas of this crop.
EU farmers will also expand the area of oilseed sowing; however, this growth will be limited due to the expansion of winter crops. For example, a significant growth of this indicator is expected in Hungary due to the reduction of corn crops. Romanian farmers are planning to cultivate a smaller area than last year while their colleagues in France and Bulgaria will not change the sowing area in their countries as compared to last year’s values.
Furthermore, in the current year sunflower sowing will be accentualized by Argentina thanks to the liberalization of its agriculture complex and to the devaluation of its national currency; the crop area will increase by 0.25 million hectares and will constitute 1.5 million hectares. Some analysts believe, however, that the abolition of taxes on exports of sunflower and its by-products may cause the oilseed crop area in Argentina to increase to 1.6-1.8 million hectares.

 

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