News

Is there a room for Ukrainian rapeseed in the EU markets?

Canola Seed & Rapeseed
Ukraine
Published Jun 6, 2023

Tridge summary

The approaching of new rapeseed harvest, the grain corridor uncertainties and developing EU policy on the imports bans of agricultural products from Ukraine makes us once again return to the analysis of rapeseed market and prospects for 2023/24 MY. Now UkrAgroConsult focuses on the European importers as the key buyers of Ukrainian rapeseed and global […]

Original content

The approaching of new rapeseed harvest, the grain corridor uncertainties and developing EU policy on the imports bans of agricultural products from Ukraine makes us once again return to the analysis of rapeseed market and prospects for 2023/24 MY. Now UkrAgroConsult focuses on the European importers as the key buyers of Ukrainian rapeseed and global competitors. EU countries In May the European agency MARS forecast for 2023 – rapeseed yield in Europe was increased to 3.34 t/ha (3.31 t/ha – in April report, 3.33 t/ha – in 2022); – the moisture content is at the favorable levels for this period, except for the Iberian Peninsula; – the rapeseed area in the EU increased for the fourth consecutive year – the forecast of rapeseed harvest +3.3% by 2022 -top rapeseed producing countries: At the same time in 2022/23 all these countries were the biggest importers of Ukrainian rapeseed. forecast of rapeseed harvest in 2023 by country: In the 2022/23 season, Ukrainian rapeseed exports faced ...
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