Ukrainian rapeseed is less and less exported through ports

Published 2024년 1월 22일

Tridge summary

Despite the war and logistical issues causing a significant decrease in exports through ports, 79% of the export potential of rapeseed was realized in the first half of 2023/24 MR. Overland routes have been used as an alternative for exports. Rapeseed oil exports hit a record high, reaching 95% of export potential. As of November 27, 2023, winter rapeseed was sown on 1,164.2 thousand hectares. Weather conditions in January could potentially affect 10-13% of the total winter rapeseed area. However, UkrAgroConsult remains optimistic, forecasting a rapeseed harvest of over 4 million tons.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

For the six months of 2023/24 MR: 79% of the export potential was realized (usually this indicator exceeds 90% and in some seasons it reaches 99%. This is reported by UkrAgroConsult. With the start of the war and the impact of logistical problems, for the second consecutive season the active phase of the season is more extended in times when large batches of rapeseed are shipped even in the last months of the season). Also: the share of rapeseed exported through ports has significantly decreased overland routes have become an alternative that will allow the full export potential of the rapeseed market to be realized. rapeseed oil export record high (95% of export potential) export of rapeseed meal (69% of export potential) UkrAgroconsult's forecast regarding the sharp growth of rapeseed processing has come true in full. 2024/25 MR According to operational information, as of November 27, 2023, 1,164.2 thousand hectares of winter rapeseed were sown against the plan of 1,211.6 ...

Source: Agravery