Ukraine. Total oilseed stocks as of early February higher than last year

21.02.2019

According to current information of the State Statistics Service, sunseed stocks in Ukraine totaled 5533.5 KMT as of February 1, 2019 that is up 9.3% from the same date last year (5061.1 KMT). This included 3235.4 KMT held on farms (up 586.4 KMT, or 22.1% from February 1, 2018) and 2298.1 KMT at storage and processing facilities (up 114 KMT, or 4.7% on the year), reports UkrAgroConsult.

As of February 1, 2019, crusher soybean stocks were up 21.3% year-on-year at 809.9 KMT against 667.6 KMT on February 1, 2018. Rapeseed stocks as of the reporting date were 27.2% higher than a year earlier (85.1 KMT against 66.9 KMT, respectively) due to an earlier start of this year’s harvest.

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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