Market analysts issued an updated forecast about the yield of oil-bearing crops during the current season
Recent reports show that the market expects a certain decrease in the yield of such oil-bearing crops as soya, rape and sunflower.
The estimated worth of the yield of soya beans is 312, 14 millions of tonnes, which is lower by 0, 78 tonnes than the last forecast. Nonetheless, these figures go beyond the last year indices, registered at a level of 284, 98 millions of tonnes.
Ukrainian biofuel portal pellets-wood.com notes that the tendency for decrease is observed in Paraguay (up to 8, 75 millions of tonnes), and in India (up to 9, 1 millions of tonnes). For the most part it recovers the estimated increase in the yield in the USA (up to 108, 1 millions of tonnes), in Argentine (up to 54, 5 millions of tonnes), and in Ukraine (up to 3, 75 millions of tonnes).
An insignificant drop is expected in the world yield of rape seeds. The last forecast – 68, 45 millions of tonnes against 69, 91 millions of tonnes, reaped during the past season. One of the most perceptible decrease in forecast is prepared for India (up to 6, 7 millions of tonnes). What concerns the countries of The European Union, this index is increased from 21, 23 millions of tonnes to 24, 16 millions of tonnes.
The world yield of sunflower is admittedly worth 40, 39 millions of tonnes. The sharpest drop is expected in Argentina, where the amount of 2, 55 millions of tonnes is presumed. The forecast for Ukraine is increased from 10 millions of tonnes to 10, 1 million of tonnes.
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