Analysts predict a rapeseed harvest of more than 4 million tons of rapeseed, but the current frost may affect the result in Ukraine

Published 2024년 5월 16일

Tridge summary

Ukraine's State Statistics Service has reported a 26% increase in rapeseed harvest in 2023, reaching 4.2 million tons. Despite this, the volume of exports and domestic processing indicates a need for a reevaluation of these figures. UkrAgroConsult anticipates a similar harvest of over 4 million tons in 2024, but the potential impact of a cooling wave and night frosts in May on productivity remains uncertain, which could lead to a decrease in the forecast.

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

Original content

The State Statistics Service of Ukraine has released official data on the rapeseed harvest in 2023 — 4.2 million tons (+26% to 2022/23 FY). But the rates of rapeseed export and domestic processing prove that the official statistics need to be reassessed. This is reported by UkrAgroConsult. It is noted that the export of rapeseed and processed products continues at a record pace, even in the last months of the season. During the ten months of the season, the following were exported: UkrAgroConsult's 2024 rapeseed forecast is also based on the principle of reassessment. Rape harvest forecast — more than 4 million tons. At the same time, the weather remains a key factor in shaping ...

Source: Superagronom