News From Russia And Ukraine

18 Apr, 2017
News From Russia And Ukraine
Over the year 2017, sunflower areas in Ukraine will go down by 5 – 7% versus 2016 to 5.75 mln hectares while the yield will drop by 9% to 12.8 mln tons.

Sunflower areas in Russia will go down by 5.2% to 7.2 mln hectares. The record was set back in the 2011 – 2012 season – 7.61 mln hectares.

According to an APK - Inform forecast, over the year 2017 soybean areas in Russia will be record high – 2.3 mln hectares, which will be 3% more than 2016. Soybean share in the total oilseeds areas will grow to 22%. Soybean yield is projected at 3.2 mln tons. 2017 – 2018 soybean import in Russia will be 1.85 mln tons versus 1.9 mln tons estimated in the current season. Over the new season, soybean supply in Russia will be 5.3 mln tons, which will allow processing growth of up to 4.3 mln tons.

Between April 1 and April 10, Egypt remained the biggest Russian grain buyer with a share of 23.8% of the total Russian grain export or 281,700 tons. Vietnam comes second with 148,700 tons (12.6%) and Turkey is third with 132,400 tons (11.2%). Egypt has bought 5.454 mln tons of grain (15.8%) since the start of the season with Turkey buying 4.991 mln tons (14.5%) and Vietnam in third with 1.035 mln tons (3%). Between April 1 and April 10 1.186 mln tons of grain were exported from Russia. As of 15.03.2017, Turkey has excluded Russia from the grains import tax-free list and now Russian commodities are taxed by: wheat and corn - 130%, rice -  45%, sunflower meal -  13.5% and sunflower oil -  36%. Between July and February nearly 2 mln tons of wheat were imported in Turkey whereas the 2015 – 2016 volume was 3.1 mln tons of wheat.

Between the start of the season and 12.04.2017, 29.284 mln tons of grain were exported from Russia including 22.631 mln tons of wheat, 2.364 mln tons of barley and 4.084 mln tons of corn. Compared with the previous year, export volume has dropped by 0.5% - 29.428 mln tons. There has been an increase of 5.6% for the wheat and +8% for the corn, but barley has dropped by 40.3% compared with the previous year.

According to an APK - Inform information, between April 7 and April 13, 533,400 tons of grain were exported from Russian seas ports versus 568,700 tons a week earlier. Export consisted of 467,400 tons of wheat, 37,000 tons of corn and 29,000 tons of barley. Egypt with 254,800 tons, Lebanon with 52,000 tons and Turkey with 44,700 tons were the biggest buyers.