According to the Statistics Committee under the Economy Ministry of Kazakhstan, oilseed plantings for the 2018 harvest in the country expanded by 14% versus 2017, to a record 2.838 Ml ha, report UkrAgroConsult’s analysts.
Oil flax accounts for the largest portion of their total acreage. So, 1.1 Ml ha was seeded to this crop in 2018 against 869.7 Th ha in 2017.
The greatest gain was registered in the planted area of mustard, which increased 3.5 times to a record 78.3 Th ha.
In addition, Kazakh farmers allocated a 47% larger area to rapeseed this year than in 2017 – 374.4 Th ha.
At the same time, the planted areas of sunflower, safflower and soybeans are slightly smaller than last year. So, sunflower was sown on 864.3 Th ha (-4%), safflower on 285 Th ha (-4%), and soybeans on 126 Th ha (-2%).
Detailed analysis of the latest trends in oilseeds/vegoils/meals exports, palm oil imports, supply and demand balances with breakdown by crop as well as crop conditions and progress in planting/harvesting in the countries of Black Sea Region is available to subscribers for weekly market report “Black Sea Vegoils” by UkrAgroConsult.
Further prospects of the Black Sea oilseeds/vegoils market will be discussed at the VI International Conference “Black Sea Oil Trade”, which will take place on September 20, 2018 in Hilton hotel, Kiev, Ukraine. Delegates from 20 countries have already registered for participation in the International Conference «Black Sea Oil Trade». Conference participants are usually represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegetable oils, investment companies, banks, law, shipping, brokerage, insurance and surveyor companies.