The FINANCIAL — According to forecasts of analysts of APK-Inform Agency, in the current year, rapeseed production in Ukraine will total 1.96 mln tons as opposed to 2.9 mln tons in 2008, with the average yield of 17.1 c/ha (20.8 c/ha).
In 2009/10 MY, rapeseed supply in Ukraine is forecasted at the level of 2 mln tons (2.9 mln tons), which will provide export volumes within ranges of 1.75 mln tons of the oilseed (2.64 mln tons).
Taking into the account the forecasted reduction of rapeseed production in the world in 2009/10 MY, including the EU (main rapeseed importer from Ukraine), in the terms of growing consumption, we expect for the keeping of high export demand for the oilseed. As a reminder, in 2008/09 MY, the Netherlands, Belgium, France, Poland, Germany, Turkey, Pakistan, Latvia and Hungary became the main importers of rapeseed from Ukraine.
You can become acquainted with more detailed information concerning Ukrainian market of oilseeds and by-products during the eighth international conference "Oilseeds&Oils 2009", taking place on October 12-14, 2009, in Istanbul. The conference will be held under the support of the association "Ukroliaprom" and Turkish association of vegetable oils producers.
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