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UkrAgroConsult

Ukraine will be able to export more rapemeal than expected

Rapeseed meal exports in MY 2020/21 (July-October) remain at a three-year low of 111.7 KMT (-33% on the year) because of a rapeseed crop decline, UkrAgroConsult reports.

EU countries (Spain, Poland, Lithuania, France) remain the biggest importers, though their export share fell to 63% with purchases down 37% on the year.

Morocco resumed purchases and became a major importer (11% of total exports).

Exportable supplies in MY 2020/21 were increased to 140 KMT (-29% from MY 2019/20).

A boost in exports was registered to the following countries: Vietnam (+516%), Latvia (+318%), Poland (+71%).

The following countries reduced imports: Turkey (-80%), Spain (-47%) and Israel (-42%). 

More detailed information on the latest trends in oilseeds/vegoils exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea Vegoils” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!!

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UkrAgroConsult

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