Rapeseed oil production in Ukraine increased

23.08.2018

Rapeseed crushing declined to a five-year low by the end of MY 2017/18. So, 0.004 KMT of rapeseed oil was produced in Ukraine in June 2018, i.e. 95.6% less than in the previous month and 97.2% less than in June 2017.

Rapeseed oil production in July-June 2017/18 was up 22.1% year-on-year at 81.4 KMT against 66.6 KMT in MY 2016/17. As a reminder, the share of processed rapeseed fell to 8% this season compared to 13% a year ago.

Ukraine's output of rapeseed oil set a record of 148.8 KMT in MY 2015/16.

Detailed analysis of the latest trends in oilseeds/vegoils/meals exports, palm oil imports, supply and demand balances with breakdown by crop in the countries of Black Sea Region is available to subscribers for weekly market report "Black Sea Vegoils" by UkrAgroConsult.

Examine the art of forecasting grain and oilseed prices, spreading and applying right hedging strategies for your business at the Specialized Workshop PRICE FORECASTING, SPREADING AND HEDGING STRATEGIES” within the VI International Conference ‘Black Sea Oil Trade’. Workshop will be held on September 19 in Aloft hotel (Esplanadna street 17), Kyiv, Ukraine.

The workshop will be based on the US market forecast model (corn-soybean), adapting methodology for Ukrainian market. Speakers have over 20 years of experience in grain trading, global agricultural market analysis, risk management and development of effective business strategies.

The seminar will be useful for traders, agri producers and market analysts, will feature practical tasks and cases.

Further prospects of the Black Sea oilseeds/vegoils market will be discussed at the VI International Conference “Black Sea Oil Trade”, which will take place on September 20, 2018 in Hilton hotel, Kiev, Ukraine. More than 100 delegates from 20 countries have already registered for participation in the International Conference «Black Sea Oil Trade».

 

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