Ukraine Rapeseed Crop Slashed
The Ukraine Ag Ministry say that this season's rapeseed crop will only total 1 MMT, that's a very hefty near 45% drop on last season's 1.8 MMT.
Whilst there is the very eminent possibility that they are telling porkies in an attempt to get the market up, it seems pretty clear that production there WILL be sharply lower this season.
They will actually produce more soybeans than rapeseed this year, harvesting a crop of around 1.5 MMT, the Ministry add.
Wheat output this season will come in at around 18-18.5 MMT, they say. That's a fall of around 11-14% on last season's 20.9 MMT.
Whilst there is the very eminent possibility that they are telling porkies in an attempt to get the market up, it seems pretty clear that production there WILL be sharply lower this season.
They will actually produce more soybeans than rapeseed this year, harvesting a crop of around 1.5 MMT, the Ministry add.
Wheat output this season will come in at around 18-18.5 MMT, they say. That's a fall of around 11-14% on last season's 20.9 MMT.