Latest Report on Rapeseed| Weekly Report | 18.12.18
Latest Report on Rapeseed| Weekly Report | 11.12.18
In Ukraine, the beginning of November featured mostly warm weather with rain. Over the ten days, air temperatures peaked at +9-14°С, even at 17°С in Kherson region. Winter rape of optimum and late planting dates is at the stage of rosettes. Early- and ultra-early-sown winter rape hybrids of the intensive type are flowering. The general crop condition is mostly good. Precipitation in October and early November considerably increased moisture content in the topsoil and improved the condition of winter crops.
2017/18 harvest results, the European Commission upwardly revised EU rape plantings against its preliminary estimates published in the spring. October’s estimate equals 6780 Th ha against 6620 Th ha expected in April 2017 (up 4% from the five-year average). Only the 2010/11 season wimetric tonneessed a larger area (7000 Th ha). Rapeseed purchases by the EU from third countries hit an all-time high of 4.7 MMT in the 2016/17 season. Romania continues building up its presence in rapeseed supplies both within the EU and to external markets. On this way the country relies on further expansion of planted acreage and increasing own production.
Ukraine exported 124.3 KMT of rapeseed in the first month of the new 2017/18 season, or twice as much as in July 2016 (61.3 KMT). Such an active start of export sales is observed for the first time in the last three seasons. European countries continued to be the key buyers of Ukrainian rapeseed in July 2016/17 (66% of total exports). Among them, the greatest volumes were shipped to Germany and Portugal. This year rapeseed crops up at 2.1-2.2 MMT that enable Ukraine to raise its export potential by almost 60% against last year.
Rapeseed oil production in Russia down 18% in 2016/17.