As per USDA report, rapeseed crop is raised to 67.16 mt compared to 66.54 mt in July with larger production estimates for Canada and Australia that more than offset reductions in the European. The global production is pegged lower than last year production. Canada exports are up 600,000 tons to 9.4 million, on a larger production forecast and strong global demand.
Information source: www.skymetweather.com
