Ukraine has over 2mmt of unwanted rapeseed in store
Since the harvest was completed in Ukraine, the export of rapeseed has steadily been decreasing, Sergey Melnik, the Deputy Minister of Agricultural Policy said Friday.
More than 2 mln tonnes of rapeseed, from a harvest of 2.8 mln tonnes, are now in storage, according to the Deputy Minister.
The decrease of rapeseed exports was caused by large harvests of the oilseed in European countries, which prefer to process their own rapeseed and are not interested in purchasing imports of Ukrainian rapeseed, he added.
Further, Ukraine now needs to act to deal with future problems due to full storage facilities since the sunflower and maize harvesting campaign has already begun, noted Melnik.
Poor old Ukraine, not only do they have very noisy and aggressive neighbours, we implore them to produce more oilseed rape for us then we tell them we don't want it. They have virtually no domestic requirement for rapeseed and almost all of their production is for export.
More than 2 mln tonnes of rapeseed, from a harvest of 2.8 mln tonnes, are now in storage, according to the Deputy Minister.
The decrease of rapeseed exports was caused by large harvests of the oilseed in European countries, which prefer to process their own rapeseed and are not interested in purchasing imports of Ukrainian rapeseed, he added.
Further, Ukraine now needs to act to deal with future problems due to full storage facilities since the sunflower and maize harvesting campaign has already begun, noted Melnik.
Poor old Ukraine, not only do they have very noisy and aggressive neighbours, we implore them to produce more oilseed rape for us then we tell them we don't want it. They have virtually no domestic requirement for rapeseed and almost all of their production is for export.