Quiet market situation before the holidays
Harvest progress is still being reported by the authorities for sunflower seed production in Russia and Ukraine, with only minor weekly adjustments. The latest figures put Russia's crop so far at 15.7 million mt, while Ukraine's 2021 crop could yield 16.2 million mt of sunflower seeds. Both countries would thus have a record crop. However, due to high export duties for sunflower seeds from Russia, which are to remain in place until August 2022, the country is not a possible raw material supplier for the EU this year.