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Sunflower seeds: promising developments in Bulgaria

June 19, 2024 at 4:38 PM , Der AUDITOR
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SOFIA/KYIV. Market players are focussing on the new crop. However, traders remains cautious in the hope of price reductions.

Further crop forecasts

Crop estimates for sunflower seed production in 2024/2025 differ widely in some cases this year. Mintec and Stratégie grains recently published a global production estimate of 60.55 million mt during the "VegOil&Meals Trade" conference in Seville, Spain, a slight decline compared to their previous year's data (2023/2024: 61.57 million mt). These results are around 4-6 million mt higher than predicted by the US Department of Agriculture (2023/24 at 54.864 million mt; 2024/25 at 55.428 million mt) and the International Grains Council

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