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market-update No. 59-2020 sunflower harvest 2020 1.9

2020-08-13 | Bulgarian sunflower
In the entire Black Sea region, the global situation for sunflowers of the new crop is getting worse. Yesterday the USDA has published a report regarding the harvest situation in Russia (see attachment). In July we saw temperatures of up to 35° Celsius in the various cultivation areas. At temperatures exceeding 29° Celsius, we have no bee pollination anymore. The forecast for the 2020 harvest has been reduced by 1,5 million mt. to 14 million mt. (-10 percent). Yesterday The Russian government has recognized the fact and reduced the export quota to 100.000 mt. This is almost nothing!

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