According to Oil World, the rapeseed export from the key 7 supplying countries increased during the period July - April 2016 - 2017 to14 million tonne, given 12.06 million tonnes a year earlier.
According to Oil World, 4 million tonnes of soybeans were exported from Canada during the period September - April 2016-2017, given 3.7 million tonnes a year earlier
The significant decline of oil crops' prices lowers the producers' margin, which will significantly influence the balance of the cultivated areas in the new season, according to forecast of Oil World.
According to forecast of Abiove /Brazilian Association of Vegetable Oil Industries/, in 2017 – 2018 soybean processing in the country will be at record highs – 41 mln tonnes, which will lead to all time record high quantities of soybean oil and soybean meal.
According to Oil World preliminary estimates sunflower global production in 2017 – 2018 will go down to 46.82 mln.tonnes at 48.22 mln. tonnes in the current season.
According to preliminary estimates of Oil World in 2017 – 2018 global export of rapeseed/ canola will be very close to the record- high of 2015 – 2016. The expected decline of the export from Canada and Australia will be compensated by this from Ukraine.
According to preliminary forecast of Oil World, soybean yield in Argentina in 2017 – 2018 will reach 56 mln. tonnes, despite the crop's loss on farmers' interest
In their latest report, analysts of Strategie Grains lowered their forecast for rapeseed production in the EU in 2017-2018 to 21.35 million tonnes, given 21.39 million tonnes in the previous forecast.