Russia. Rapeseed crushing to hit a three-year high

24.05.2018

Russian crushers produced 27.4 KMT of rapeseed oil in March 2018 versus 32.4 KMT in the previous month and 26.7 KMT in March 2017. As a reminder, the monthly volumes of rape oil production in MY 2017/18 steadily exceed the respective ones of last season, except for January. This was contributed to by a rapeseed crop increase in 2017, reports UkrAgroConsult.

Overall, rape oil production in July-March 2017/18 was up 20.8% on the year at 286.4 KMT versus 237.1 KMT a year ago.

Assessing this season’s trends, UkrAgroConsult forecasts Russian rape oil production to close MY 2017/18 up at least at 350 KMT – this would be the largest amount in three years.

Moscow region continues experimenting with oil crops

Winter rape was seeded for the first time in Moscow region in the fall of 2017. Its experimental plantings totaled 2.5 Th ha.

According to the Agriculture and Food Ministry of Moscow region, the winter survival results satisfy the farmers at the moment. In the current season, winter rape has avoided the regional risks of rotting and winterkill. It has established and is proceeding to blooming now.

Based on the harvest results, it will be decided if it is expedient to expand winter rape plantings at other farms in the region.

According to earlier reports, based on last season’s soybean growing results, it is planned to continue cultivating this oil crop in Moscow region and increase its planted area to 150-200 ha, UkrAgroConsult notes.

More detailed information on the latest trends in oilseeds/vegoils/meals exports, supply and demand balances with breakdown by crop as well as crop conditions and progress in planting in the countries of Black Sea Region is available to subscribers for weekly market report "Black Sea Vegoils" by UkrAgroConsult.

 

UkrAgroConsult

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