Crop corrections too optimistic?
Once again the European Commission has made a downward correction to the production estimates for the EU sunflower seed crop from 10.608 million mt to 10.533 million mt, even though these figures are still significantly more optimistic than the reports of market players. After all, this would still be an increase of 15% over the previous year. In Bulgaria, for example, acreage is reported to have fallen from 917,000 ha to 846,000 ha compared to last year, while yields are expected to remain at a similar level of 2.31 mt/ha. Heat and