Ukraine. Rapeseed becoming the most profitable crop for growers

01.12.2017

Scientists from the Agricultural Economics Institute estimate that rapeseed will become one of the most profitable crops in 2017. Among oilseeds, only rapeseed production margin will continue moving upwards, reports UkrAgroConsult.

According to the forecast of the Institute scientists, its margin of profit will increase to 58.8% against 44.9% in 2016 and 44.3% in 2015, said Agricultural Economics Institute Director Yuriy Lupenko.

The Institute experts have calculated that “the downward trend in sunseed production profitability will persist: 30.8% in 2017 against 80.5% in 2015 and 63% in 2016. So, its percentage more than halved from last year. Soybean production margin may fall to 25.4% that is half as high as in 2016.”

 

UkrAgroConsult

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