Experts, taking into account the low yield, have reduced the forecast for sunflower production in Ukraine to 14.2 million tons. It will be 6% lower than last year according to Apk Inform.

As of September 9, Ukrainians have harvested 1.4 million tons of sunflower. They completed 16% of the area with a yield of 1.78 tons/ha. Last year the yield was 1.86 tons/ha at the start of harvesting.

According to Oil World estimates, in 2024/25, due to a reduction in production, global sunflower exports will not exceed 2.36 million tons. Last year it was 2.69 million tons. It will be the lowest export in the last 9 years.

Thus, compared to the previous season, sunflower exports from;

• the EU will decrease from 460 to 330 thousand tons.
• Moldova - from 470 to 340 thousand tons.
• Ukraine - from 310 to 130 thousand tons.
• Only exports from Kazakhstan will increase from 190 to 250 thousand tons.

Against the backdrop of a shortage of sunflower supply, processors in Ukraine are forced to maintain purchase prices at a high level in order to ensure the fulfilment of current contracts for the supply of meal and oil.

However, further growth in sunflower prices will be limited by a decrease in world quotations for vegetable oils.

This week Ukrainian sunflower oil producers are giving 19000-19500 UAH/T with delivery to their plants.