Black Sea’s oilseed yields seen larger

18.10.2018

The Black Sea region’s oilseed crop for 2018-19 is estimated 160,000 tonnes higher, at 43.36 million tonnes, according to the latest estimates by the U.S. Department of Agriculture.

In its October estimates, USDA estimated Ukraine rapeseed production would come in at 100,000 tonnes more than previous estimates to 2.7 million tonnes.

Turkey’s sunflower harvest was boosted 60,000 tonnes above earlier estimates at 1.8 million tonnes.

The region’s soybean crop was left unchanged at 8.199 million tonnes.

Russian harvest

Grain analyst UkrAgroConsult reports the Russian grain and pulse harvest is 96 per cent complete with 109 million tonnes harvested. Russian harvested a record grains harvest of 135 million tonnes in 2017.

Wheat and barley were furthest advanced, both being 98 per cent complete. UkrAgroConsult reported the wheat harvest at 72.63 million tonnes, and barley at 17.5 million tonnes.

Russian’s corn was reported as 60 per cent harvested as of Oct. 16 at 6.51 million tonnes collected.

Rail service

Canada’s two national railways have supplied 88 per cent of hopper cars ordered in Week 10 of this crop year, ending Oct. 6.

Canadian National Railway recorded a small increase in performance supplying 94 per cent of cars ordered, or 4,000 of 4,262.

Canadian Pacific Railway’s performance declined, as it supplied 82 per cent of cars ordered, or 3,668 of 4,464, compared to 84 per cent the week previous.

The railways have a combined backlog of 1,023 outstanding orders an increase of one per cent from Week 9. CN’s outstanding orders have risen by 12, while CP’s have declined by four.

Shipper demand has remained above 4,000 cars for six straight weeks at CP and five consecutive weeks at CN.


grainews.ca

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