Global supply balance for rapeseed with marginal corrections
Canola Seed & Rapeseed
Published Apr 20, 2022
Tridge summary
04/19/2022 | 12:55:00 | ID: 32883 | Department: Agriculture | Agrarwirtschaft Berlin (agrar-PR) - The US Department of Agriculture currently estimates global rapeseed production for the current 2021/2022 marketing year at 71.18 million t and thus 60,000 t above the estimate of the previous month. That would be according to research by Agrarmarkt Informations-Gesellschaft (mbH) only 2.43 million t less than the previous financial year.
Original content
04/19/2022 | 12:55:00 | ID: 32883 | Department: Agriculture | agricultural economics Berlin (agrar-PR) - The US Department of Agriculture currently estimates global rapeseed production for the current 2021/2022 marketing year at 71.18 million t and thus 60,000 t above the estimate of the previous month. According to research by Agrarmarkt Informations-Gesellschaft ( mbH) only 2.43 million t less than the previous marketing year. In the European Union in particular, more rapeseed is likely to have come together than previously expected. The USDA is also correcting global rapeseed consumption for 2021/22 upwards in the course of its most recent monthly report. At 72.99 million t, around 449,000 t more should be consumed than announced in March. This means that the current financial year is expected to be 1.14 million t behind the previous year's result. At 16.35 million t, the EU-27 is likely to consume around 100,000 t more than previously expected. The USDA also sees increased ...
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