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World Oilseed Output Rising
WASHINGTON - Nov 9/06 - SNS -- Global oilseed production for 2006-07 is projected at a record 392.5 million metric tons (MT), up 2.1 million MT from last month, according to the latest forecasts from the USDA's World Agricultural Outlook Board.
Foreign oilseed production is increased 1.5 million MT primarily due to higher sunflowerseed and cottonseed production.
Sunflowerseed production for Russia and Ukraine are each raised to record levels this month based on higher-than-expected yields. Higher yields are in part due to increased use of hybrid seed in the past 2 years. Sunflowerseed production is also raised for Bulgaria based on higher yields and increased area.
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