Drought disrupts timely completion of canola sowing in Australia
Prolonged drought in Australia’s New South Wales state has prevented farmers from completing canola planting on time. Despite this, analysts at Germany’s Oil World expect a slight expansion in the country’s oilseed area by 0.2–0.3 million hectares, mainly driven by a shift from grain crops to oilseeds.
At the same time, weather conditions remain a key risk for the upcoming harvest. Forecasts for the next 3–4 months point to below-average rainfall and above-average temperatures, which could significantly limit yield potential for both grain and oilseed crops.
Analysts estimate that Australia’s average canola yield in the 2026/27 marketing year could decline by around 15% compared to the previous season. This would potentially reduce total production to 6.9 million tonnes, down from 7.68 million tonnes a year earlier.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Coming Up in UkrAgroConsult Reports: Key Market Signals
Brazil expects record soybean exports to China
Ukraine may export 9 mln tons less maize due to maritime logistics issues
Ukraine prioritizes higher-value crops for rail exports amid port shutdowns
Pakistan’s actual wheat crop may be nearly 4 mln tons below official estimate
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon