There will be no demand for rapeseed until the end of 2022 in Ukraine

Canola Seed & Rapeseed

Ukraine

Published Nov 29, 2022

Tridge summary

By the end of 2022, there is no demand for rapeseed. At the same time, after the new year, interest in the oil plant will increase, but it will be easily covered by domestic reserves in the EU. This is reported by Latifundist.com with reference to the words of the director of consulting and analytical company Barva Invest Yuriy Gavrylyuk. The expert noted that the price of rapeseed is not increasing due to numerous restrictions on the operation of the "grain corridor" and the shift in the traditional period of rapeseed export.

Original content

By the end of 2022, there is no demand for rapeseed. At the same time, after the new year, interest in the oil mill will increase, but it will be easily covered from domestic stocks in the EU. This is reported by Latifundist.com with reference to the words of the director of the Barva Invest consulting and analytical company Yury Gavrylyuk. The expert noted that the price of rapeseed is not growing due to numerous restrictions on the operation of the "grain corridor" and the shift in the traditional period of rapeseed export. "Ukraine exported a lot of rapeseed to Poland and in transit to Germany. In addition, own harvest in the EU has been growing for the 3rd year in a row, while consumption remains practically unchanged. It is because of this that the remains of rapeseed in export-oriented Poland remain at a record high," said Yurii Havryliuk. In turn, the specialist emphasizes, this state of affairs is seen by local European processors and traders, who are in no hurry to buy ...

Source: Superagronom