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Slight Increase in Russian Oilseed Production
MOSCOW - Jul 2/03 - SNS -- Following last year's impressive production increase, Russian oilseed production for 2003/04 is expected to increase again, according to the newest data from the USDA.
Russian oilseed production is mostly sunflowerseed (85%) with small amounts of soybean (10%) and rapeseed (5%). Total production for 2002/03 was 4.35 million metric tons (MMT), a 34% increase. A far less substantial increase of 1% is expected for the coming year to 4.4 MMT.
This is mostly due to increased planting of sunflowerseed and increased production of soybeans and other alternative oilseeds in the Southern District of Russia. For example, in Rostov Oblast the area sown to mustard and soybeans will be increased by two times and in Krasnodar an increase in area sown to soybeans is also forecast.
Total oilseed planted area was 4.86 million hectares, up from 4.74 million hectares.
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