Ukraine: In the 2023 season, experts expect an increase in the area under summer rapeseed

In 2022/23 MR, Ukraine harvested 3.2 million tons of rapeseed, which is 5.5% more compared to the previous year. Despite the initial expectations, trade activity in the first five months of the season made it possible to realize more than 96% of the export potential of the rapeseed market. This is reported by UkrAgroConsult. It is noted that the pace of export remains high until November, when the record for the reporting month was broken - more than 500,000 tons were shipped. The action of the "grain corridor" made it possible to export almost 2.9 million tons of rapeseed, the expert says. The export of rapeseed oil and rapeseed meal decreased significantly. Despite difficult weather conditions, low moisture reserves, as well as a reduction in the potential area due to the occupied and front-line part of Ukraine, winter rapeseed was planted on an area of about 1 million hectares. In addition, specialists of UkrAgroConsult expect an increase in the ...