# Russian sunflower seed & soybeans: new record in production

> Russia's 2019/20 oilseed season shows large planted-area increases for sunflower seed and soybeans, with USDA October forecasts putting global sunflower seed output above 51 million tonnes. Russia's 2018 oilseed harvest reached a record 18.8 million tonnes.

- Date: 2019-10-28 · published 2019-10-28T12:00:00.000Z
- Category: report · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/56682-russian-sunflower-seed-and-soybeans-new-record-in-production
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Expanding Russian oilseed output and growing crush capacity add supply to global sunflower meal and oil markets, a bearish influence on prices.

## Read by commodity

- SBM: bearish ▼
- SUNMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2022-04-29 | [Soybean, sunflower production growing in Argentina \| World Grain](https://feedsoft.ai/events/14039-soybean-sunflower-production-growing-in-argentina-world-grain.md) | -3.3% | -3.4% |
| SBM | 2017-08-10 | [USDA Forecasts Record-High Soybean Production in 2017](https://feedsoft.ai/events/69299-usda-forecasts-record-high-soybean-production-in-2017.md) | -3.9% | -1.4% |
| SBM | 2017-07-28 | [Global soybean meal production will be at record high in 2017 - 2018.](https://feedsoft.ai/events/70042-global-soybean-meal-production-will-be-at-record-high-in-2017-2018.md) | -5.0% | -7.7% |
| SBM | 2022-08-12 | [USDA Lowers Corn Production, Increases Soybean Production in August Reports](https://feedsoft.ai/events/39956-usda-lowers-corn-production-increases-soybean-production-in-august-reports.md) | -10.9% | -15.4% |
| SBM | 2020-06-15 | [The forecast increase in soybean production will increase pressure on oilseed prices in the new season](https://feedsoft.ai/events/52737-the-forecast-increase-in-soybean-production-will-increase-pressure-on-oilseed.md) | -0.7% | -2.0% |

## Sources

- apk-inform.com: https://www.apk-inform.com/en/exclusive/topic/1504881

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