Australia continues to reduce canola shipments for the second month in a row

row by the limited level of stocks from last year’s harvest. Thus, by the end of June, stocks of canola – the commercial version of rapeseed – in Australia decreased to 0.9 million tons compared to 1.7 million tons a year earlier. In July, the country exported 155.29 thousand tons of canola, which is more than half the figures a year ago (386.03 thousand tons). The main export destinations were Japan – 58 thousand tons (120 thousand tons in 2024), UAE – 63 (91) thousand tons and Bangladesh – 41 (53) thousand tons. Deliveries to the EU countries – the main sales market in July and August were not carried out. In total, since the beginning of the year, the country has sent 3.76 million tons of rapeseed to foreign markets compared to 4.32 million tons in January-August 2024. However, as previously noted, purchases of Australian rapeseed by China have ...