Rapeseed prices in Ukraine have risen somewhat, but are inferior to last year's prices
Canola Seed & Rapeseed
Ukraine
Published Aug 6, 2022
Tridge summary
In Ukraine, the formation of purchase prices for rapeseed continues, which in the current season remain under the pressure of low demand in ports and logistical difficulties with delivery through the western borders to the EU.
Original content
Following the global stock exchanges, rapeseed purchase prices rose slightly during the week, but further growth is limited by increased supply and lack of demand in the Black Sea ports. Harvesting of winter rape in Ukraine is coming to an end, but it is being delayed by rains in the western and northern regions. According to forecasts, 2.8-3 million tons of rapeseed will be harvested this year, which will exceed last year's harvest by 10-15%. During the week, rapeseed prices in the Danube ports rose to $440-450/t, and at DAP Poland, Romania - to $580-620/t. The purchase prices for rapeseed at the French elevators remain within the range of UAH 11,500-14,000/t, depending on the regions, but in the western regions, an increase in demand was recorded at the French farms with delivery to the EU. Processors in the western regions offer UAH 14,000-15,500/t with delivery to the plant, but note that due to difficulties with the sale of meal, the amount of processing will be ...
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