Sunflower seeds: Possible supply squeeze towards the end of the season

June 13, 2019 at 12:12 PM , Der AUDITOR
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SOFIA. Exports from Bulgaria are estimated to have risen by 40% this season. There also is a significant increase in domestic processing. According to the Bulgarian Ministry of Agriculture...

... market supplies dwindled to as low as 300,000 mt towards the end of May. Since the season still lasts three months Market players are reckoning with negligible carry-over stocks.

Increase in acreage, drop in production

Although sowing was completed earlier than last year and UkrAgroConsult as well as Coceral expect a 6% increase in acreage to 780,000 ha, production will come nowhere near to last year if yields are average. Last year’s exceptional yield of 27 mt/ha had an enormous impact on production.

Toll problems have been postpon

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