World Rapeseed Supply/Demand 2008/09
Oil World is currently forecasting world rapeseed production in 2008/09 at 56.5 mln t, up from 49.0 mln t in the previous year.
Main producers will be the EU with 18.8 (18.4) mln t, China with 11.7 (10.4) mln t, Canada with 11.7 (9.6) mln t, Ukraine with 2.9 (1.1) mln t and Australia with 1.4 (1.1) mln t.
Total exports are seen at 9.7 (8.5) mln t, of which 5.7 (5.9) mln t will come from Canada, 2.5 (0.9) mln t from Ukraine and 0.7 (0.5) mln t from Australia, it says.
Global use is estimated at 54.0 (50.7) mln t.
This should lead to increased ending stocks of 7.2 (4.7) mln t.
Main producers will be the EU with 18.8 (18.4) mln t, China with 11.7 (10.4) mln t, Canada with 11.7 (9.6) mln t, Ukraine with 2.9 (1.1) mln t and Australia with 1.4 (1.1) mln t.
Total exports are seen at 9.7 (8.5) mln t, of which 5.7 (5.9) mln t will come from Canada, 2.5 (0.9) mln t from Ukraine and 0.7 (0.5) mln t from Australia, it says.
Global use is estimated at 54.0 (50.7) mln t.
This should lead to increased ending stocks of 7.2 (4.7) mln t.
