Australia May Have To Import Rapeseed This Season

Reports from Bloomberg suggest that Australia may become a net importer of rapeseed in the coming season after drought has hit the nation's crop badly.

Normally the worlds third largest exporter, Australia was forced to import its first ever commercial shipment of canola two years ago after drought cut production to a 10-year low.

It may be back in the same boat again this year the report suggests:

Yes we have no canola!