Trade4go Summary
For the MY 2024/25 season, Ukraine is projected to experience a 3.8% increase in oilseed harvest, reaching a total of 22.5 million tons, according to Ukroliyaprom. This growth is primarily due to an anticipated rise in the production of sunseeds and soybeans, with soybean harvest expected to see a 7.5% increase to 5.1 million tonnes, and sunseed harvest to rise by 2% to 13 million tonnes. In contrast, the rapeseed harvest is predicted to decrease by 2% to 4.1 million tonnes, due to a reduction in the cultivation area by 4.3% to 1.37 million hectares.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
In MY 2024/25, Ukraine is expected to increase the harvest of oilseeds, the total production of which will reach 22.5 mln tons, which is 3.8% higher than the previous season. This forecast was announced by the association Ukroliyaprom. In the current season, sunseed and soybean production is expected to grow, while the gross harvest of rapeseed may decline. The soybean harvest is expected to increase by 7.5%, from 4.743 mln tonnes in 2023/24 MY to 5.1 mln tonnes. This growth will be due to the increase in the planted area by 7.4%, to 1.97 mln ha, while the oilseed yield will remain at the level of the previous season and amount to 2.6 t/ha. The sunseed harvest is forecast at 13 mln tonnes, up from 12.76 mln tonnes in 2023/24 MY (+2%). The yield of the oilseed will not change as well, and will amount to 2.4 t/ha, while the area under the crop will increase to 5.3 mln ha (+2%). As for rapeseed, Ukroliyaprom forecasts its harvest ...