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Ukraine 2020 Soybeans Crop Seen Falling 19%

22 Sep 2020 4:23 pm
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Mumbai (Commodities Control) – Ukraine's soybean harvest is likely to fall by around 19% to 3.0 million tonnes due to a smaller harvested area, the national vegetable oil producers' association said on Tuesday.

Ukraine has boosted soy output in recent years and exports most of the harvest.

The association said in a report that the harvested area could total 1.345 million hectares this year, compared with 1.580 million in 2019.

The yield is likely to be 2.26 tonnes per hectare versus 2.29 tonnes a year earlier.

The association last week revised down its forecast for Ukraine's 2020 sunflower seed output to 14-15 million tonnes from the previous estimate of 15 million because of poor weather.

Ukraine, the world's largest sunflower oil exporter, increased its sunoil exports by around 10% in the 2019/20 September-August season to 6.68 million tonnes, the association said this month.

(Commodities Control Bureau)


       
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