As per latest USDA report, rapeseed crop is lowered for the EU and Russia, offsetting a modest increase in Canada. The world production of 66.86 mt is forecasted for 2016/17 season. Canada rapeseed exports are up 0.2mt to 9.6 mt, on a larger production forecast and strong global demand while rapeseed imports are up 0.5 mt to 3.5 mt in response to a lower production.
Information source: www.skymetweather.com
