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UFOP – Hungary turns into the EU’s high sunflower seed producer for the primary time


UFOP – Hungary turns into the EU’s high sunflower seed producer for the primary time

The EU Fee barely lowered its forecast of sunflower seed output in its February estimate for the 2024 oilseed harvest

Based on latest data by the EU Fee, the 2024 EU sunflower seed harvest is seen to whole round 8.0 million tonnes, 7,000 tonnes lower than anticipated on the finish of December. The revision will increase the year-on-year decline to 18 per cent, as unfavourable climate situations all year long considerably curtailed yield potential. The harvest additionally falls 18 per cent in need of the long-term common,  representing the EU’s smallest sunflower seed harvest since 2015.

The downward revision is especially as a result of smaller crop in Germany. The Fee now forecasts German manufacturing at 127,000 tonnes, 7,000 tonnes beneath the December estimate. This represents a 25 per cent drop from 2023, however stays nearly 20 per cent above the five-year common. Many farmers had expanded sunflower cultivation considerably in 2022 following the beginning of the warfare in Ukraine and the sharp rise in producer costs, however scaled again manufacturing the next 12 months.

The harvest in Romania additionally declined in comparison with 2023, falling 38 per cent to 1.2 million tonnes. Regardless of a document space planted with sunflower seed, this is able to characterize the nation’s smallest harvest in fifteen years. Because of this, Romania misplaced its high place because the EU’s largest producer, dropping to the fourth place. In distinction, Hungary climbed to first place for the primary time, harvesting 1.7 million tonnes regardless of a presumed 13 per cent decline from the earlier 12 months. In France, crop growth and harvest operations have been severely impacted by persistent rainfall, based on analysis by Agrarmarkt Informations-Gesellschaft (mbH). With 1.7. million tonnes presently projected, France ranks second largest producer inside the Group regardless of an 18 per cent lower in comparison with the earlier 12 months.

READ the most recent information shaping the biofuels market at Biofuels Central

UFOP – Hungary turns into the EU’s high sunflower seed producer for the primary time, supply

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