News
10.06.2011
Russia: sunflower production in the new season to be a record – forecast
In the season-2011/12 Russia will produce the record volume of 7.2 mln tonnes of sunflower seed in clean weight, an increase of 30% compared to 2010/11 MY indices (5.5 mln tonnes), forecasted Julia Kostenko, analyst of APK-Inform Agency, on June 9 during the conference "Market of soybeans and meals of the CIS and European countries".
It is expected that next season Russian companies will be able to process nearly 6.85 mln tonnes of sunflower and produce 2.8 mln tonnes of sunflower meal and cake (2.2 mln tonnes in the current season).
The expert suggested that in the coming season Russia is expected to increase production, domestic consumption and exports of sunflower meal in Russia, which will contribute to expectations of the record harvest of sunflower in the country, and the active development of poultry and livestock industries.
Source from AgrimarketInfo
