In the current year, the harvest of sunflower seed in Ukraine will total nearly 13.36 million tons, down by 5.7% YoY, while the harvest of soybeans will grow by 5.1%, to 4.703 million tons, reported the Ukrainian Food Export Board (UFEB).
It was noted that the harvest of rapeseed was forecast at the level of 3.445 million tons, up by 20.2%.
Also, in the first quarter of 2019 Ukraine produced 197.53 thousand tons of refined oil, up by 21%, and the production of crude oil increased by 14%, to 1.487 million tons.
In addition, in the first quarter Ukraine shipped 98.53 thousand tons of soybean oil to foreign markets (up by 40%), as well as 2.29 thousand tons of rapeseed oil (+39%). At the same time, the exports of sunflower oil increased by 16.6%. (APK-Inform/Business World Magazine)