According to the final estimate made by the Ag Ministry of Bulgaria, farmers sowed sunflower on 820 Th ha in MY 2016/17 and harvested 1838 KMT from 818 Th ha.

Thus, Bulgaria managed to get 7.5% more sunseed than last season in view of expanded sowings and harvest areas along with a nearly record yield.

Domestic sunseed crushing continued following an upward trend in the current 2016/17 season – UkrAgroConsult has mentioned this before, along with decrease in sunseed exports.

Concerning the prospects of 2017/18 season, UkrAgroConsult supposes that the factor of highly remunerable sunseed production is expected to nonetheless play its role in 2017/18 season and sunflower plantings will be expanded to 840 Th ha. Sunseed crop will also rise.

Full version of the article is available to subscribers for weekly market report “Black Sea Vegoils & CIS” and “Online market review” by UkrAgroConsult.

Further prospects of the Black Sea oilseeds/vegoils market will be discussed at the V International Conference “Black Sea Oil Trade”, which will take place on September 19, 2017 in Hilton hotel, Kiev, Ukraine.

Annual International Conference “Black Sea Oil Trade” – is an effective platform, providing oilseed industry operators with vast networking opportunities, exclusive analytics of Ukrainian and Black Sea agri market, insights for development of the long term business strategies.

Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegetable oils, agriholdings, investment companies, banks, legal, shipping, brokerage, insurance, surveyor companies etc.

Early Bird registration rate is available! Market operators from 10 countries have already registered to take part.

Follow the updates, Agenda and Speakers at the conference website.