Moldova. Sunseed production heading towards a new record high

10.10.2018

Moldovan market participants expect that the sunseed crop may rise to 950 KMT in 2018 against 920 KMT a year ago. In view of a reduced planted area, the crop increase will be achieved at the expense of a record yield, which is expected at 2.6 MT/ha against 2.4 MT/ha a year ago, reports UkrAgroConsult.

Roughly 66% of Moldova’s sunseed crop is shipped abroad, while the remaining 34% is processed by local crushers. Trans Oil Group accounts for some 90% of the overall crushing volume. The share of sunflower in Moldova’s total plantings equals 24%.

Detailed analysis of the latest trends in oilseeds/vegoils/meals exports, palm oil imports, supply and demand balances with breakdown by crop as well as crop conditions and progress in planting/harvesting in the countries of Black Sea Region is available to subscribers for weekly market report "Black Sea Vegoils" by UkrAgroConsult.

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