Russia: New expectations – new hopes

11.08.2016

Federal State Statistic Service has changed its estimate of oilseeds acreage for the 2016/17 crop. Correction was made for all oil crops to a greater or lesser degree. In this regard, production estimates were also revised. Some analysts give bold projections and work with close to record productivity, while others are more modest in their estimates, taking into account all existing risks.

Federal State Statistic Service announced soybean planted area at 2185 Th ha, which is only 31 Th ha.
Rapeseed planted area was also revised downwards. The acreage was cut by 37 Th ha

Sunflower acreage estimate was changed the most. The planted area increased by 547 Th ha.

UkrAgroConsult announced its estimates of future harvest of oilseeds in Russia.

Full version of the article is available to subscribers for weekly market report “Black Sea Vegoils & CIS” and “Online market review” by UkrAgroConsult.

 

 

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