Sunflower seed production in the European Union, Ukraine and Russia will drop 11.7% to a total of 24.82 million tons this year, from 28.12 million tons a year ago, Hamburg-based oilseed analyst Oil World said on Tuesday.
A good crop year for Argentine farmers and the government: export revenue will be up 4 billion US dollars and the tax man will bag an additional 888 million US dollars according to estimates from local grain dealers.