Active demand from the EU supports the purchase prices for Ukrainian rapeseed at a high level

A lower rape crop in Ukraine than in 2023 and a possible reduction in rape production in 2025 have traders actively buying Ukrainian rape, sometimes offering prices higher than those at which EU factories buy rape from their farmers. This is reported by analysts of the GrainTrade electronic grain exchange. During the week, export purchase prices for rapeseed in Ukraine increased by UAH 100-200/t to UAH 22,900-23,200/t or $490-495/t with delivery to Black Sea ports, so farmers intensified sales. Demand prices for rapeseed delivered to the factory in the Czech Republic or Germany remain at 465-475 €/t or 510-520 $/t, but road or rail deliveries in this direction are almost non-existent, as the cost of logistics is 60-70 $/t exceeds the cost of delivering rapeseed to the ports. In the 2024/25 FY (as of September 8), the EU increased the import of rapeseed by 46% compared to the previous season to 939,000 tons, of which 505,000 tons or 54% were supplied from Ukraine and 352,000 tons ...