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Turkey recently announced that the tariff on imported sunflowerseed would increase from zero to 5 percent from October 27 through the end of 2022. This revision coincides with Turkey’s sunflowerseed harvest.
On October 13, the Consumer Affairs Agency (CAA) opened a public comment period for proposed revisions to the genetically engineered (GE) labeling requirements of the Food Labeling Standards.
In MY 2022/23 Bulgaria expects to harvest a sunflower crop of 2-2.1 million metric tons (MMT), on par with the previous season. Despite optimistic expectations early in the season based on higher area planted and favorable weather, average yields have been affected by the summer drought and heat, along with higher pest infestation.
This report updates several sections of the European Union’s “Oilseeds and Products Annual” report released in April 2022. Updated sections include soybean, rapeseed, and sunflower. Increased areas of about 10 percent for all three major oilseeds but lower average yields for sunflower, and rapeseed are forecast to result in a total of about 3 percent higher production in MY 2022/23.
With favorable weather conditions and an expansion in the area harvested, Turkey’s sunflowerseed production is forecast to hit a record of 1.9 million metric tons (MMT) in marketing year (MY) 2022/23. Production of sunflower meal and oil are likewise projected at record highs.
After a lengthy interagency review, Indonesia’s Ministry of Agriculture released updated oil palm area data, significantly increasing overall plantation hectares.
2019/20 soybean planted area is forecast at 18 million hectares and production is forecast at 53 million tons, unchanged since September.
Post forecasts crude palm oil (CPO) production in marketing year (MY) 2019/20 at 20.6 million metric tons (MT).