Canola exports from the Ukraine fall by 17.6%

The rapeseed crop in the Ukraine is now appreciated by UkrAgroConsult to 1.86 million tonnes, previously it was assumed by 1.93 million tons, 2.2 million tons were harvested in the previous year. The consulting firm is now in 2015/16, also by a significantly smaller amount of export and estimates this to 1.58 million. 17.6% are less than in the last season.
The area under cultivation was reduced compared to the previous year to 155,000 hectares to 710,000 hectares. High yields could not compensate for the decline of the area. The smaller crop and a world wide demand for rapeseed will cause that the stocks in the Ukraine already late December have been exhausted. The harvest is already 85% complete. The Ukraine exported around 85 to 90% of its rapeseed production.

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