Global Oilseed Production Projected 439.7 Million Tons

Global oilseed production for 2010/11 is projected at 439.7 million tons, down 1 million from last month. Reductions for sunflower seed and rapeseed are mostly offset by higher soybean production.

Sunflower seed production is reduced by 1 million tons each for Russia and Ukraine. Persistent drought and excessive heat in July and early August sharply reduced yield potential for both countries. Rapeseed production is reduced for EU-27, Russia, Ukraine, and Belarus.

Higher global soybean production reflects the larger U.S. crop. Other changes include higher rapeseed production for Australia, lower sunflower seed production in EU-27, lower cottonseed production for Pakistan, and increased cottonseed production for India.

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