# The US improves its forecast for Ukrainian sunflower oil exports, and Kernel increases production by 24%. - UBN

> The USDA raised its forecast for Ukrainian vegetable oil exports in the 2023/24 season to 6.4 million tonnes, with sunflower oil accounting for the gain. It also lifted sunflower meal exports to 4.7 million tonnes and raised production estimates. Kernel processed 811,000 tonnes of sunflower seed in its fiscal second quarter, up 24%.

- Date: 2024-01-23 · published 2024-01-23T12:00:00.000Z
- Category: report · region Ukraine · magnitude low
- Page: https://feedsoft.ai/events/32242-the-us-improves-its-forecast-for-ukrainian-sunflower-oil-exports-and-kernel
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

Higher Ukrainian export and production forecasts add meal supply to global markets and put modest downward pressure on sunflower meal prices. Strong crush volumes also signal steady availability.

## Read by commodity

- SUNMEAL: bearish ▼

## Sources

- ubn.news: https://ubn.news/the-us-improves-its-forecast-for-ukrainian-sunflower-oil-exports-and-kernel-increases-production-by-24/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.