Russia: Prices for rapeseed in 2023 will be extremely attractive for producers

In November of this year, an abnormally high purchase by China occurred on the world rapeseed market, which gave agro-analysts a reason to think Sean Pratt published the opinion of experts on the development of events in the rapeseed market in an article on the portal www.producer.com. “China's rapeseed imports surged in November 2022 when the country purchased 477,000 tons of the oilseed, compared to an average of about 100,000 tons per month in the previous nine months. The November purchase was the largest since January 2019. The question is whether this was an anomaly or an omen of things to come. Here's what the experts say. Marlene Bersch, Managing Partner at Mercantile Consulting Venture, is optimistic about the prospects for export sales of rapeseed: “I see that demand from China will stay with us for a while. Today's profitability is achieved through oil, not meal. Rapeseed contains more oil than soybeans, making it a more attractive oilseed for both domestic and foreign ...