# Black Sea sunflower crops set to increase by 7% - Fastmarkets

> The USDA August WASDE projects the 2023-24 sunflower harvest in Ukraine, Russia and Moldova at 33.3 million tonnes, up 7.6%. Bulgaria and Romania are expected to rise about 14% to 4.8 million tonnes. Ukrainian estimates differ widely between official and market sources.

- Date: 2023-08-17 · published 2023-08-17T12:00:00.000Z
- Category: report · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/34697-black-sea-sunflower-crops-set-to-increase-by-7-fastmarkets
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

A larger Black Sea sunflower crop increases meal and oil supply, which would weigh on sunflower meal prices.

## Read by commodity

- SUNMEAL: bearish ▼

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/black-sea-sunflower-crops-set-to-increase/

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