USDA raises global rapeseed production forecast

for the decrease in sunflower production. The forecast for global rapeseed production has been increased by 3 million tonnes due to increased production in Canada and Australia, peanut production will increase by 1.1 million tonnes due to an increase in the harvest in Nigeria, and the forecast for global soybean production has been increased by 0.79 million tonnes, which compensates for the decrease in global sunflower production by 2.49 million tonnes due to a reduction in the harvest in Ukraine and the Russian Federation. The forecast for world ending stocks of oilseeds has been increased by 1.34 million tons to 143.6 (141.6) million tons due to a decrease in processing and export volumes. The forecast for global rapeseed production in the 2025/26 MY has been increased by 3 million tons to 95.273 (86) million tons, in particular for Canada – by 2 million tons to 22 (19.24) million tons, Australia – by 0.5 to 7.2 (6.4) million tons, and the Russian Federation – by 0.5 to 6 (4.65) ...