USDA predicts a decline in global canola acreage and an increase in EU imports

Published 2025년 1월 17일

Tridge summary

The USDA predicts a decrease in the global area planted with rapeseed in MY 2024/25, estimating a total of 42.236 million hectares. The Black Sea region is expected to play a crucial role in meeting the European Union's rapeseed needs, with Romania and Bulgaria hoping for good harvest results. The EU is the world's largest importer of rapeseed, with forecasted imports of 6.85 million tons for the 2024/2025 season. Agricoint Consult has launched AgriSupp, an online platform providing market intelligence for grains and oilseeds, focusing on the Black Sea & Danube markets.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to current USDA estimates, in MY 2024/25 the global area planted to rapeseed will decrease compared to last season and will amount to 42.236 million hectares, the Black Sea region will remain important in meeting the EU’s needs, experts hope for good harvest results in Romania and Bulgaria. The European Union is the largest importer of rapeseed in the world. Imports of 6.85 million tons of rapeseed are forecast for the 2024/2025 season. For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp. It is a multi-functional online platform with market intelligence for grains and ...

Source: UkrAgroConsult