Informa Bullish On Rapeseed Production In 2013

Posted by Nogger - a legend in his own mind at 13:28 | Categorized as

09/04/13 -- Informa seem pretty bullish on world rapeseed production this year, estimating a global crop of 65.4 MMT, up 7% on last year's output.

The rise will be led by a leap of almost 19% in Canadian production to 15.8 MMT, followed by an increase of over 10% in Europe to 20.7 MMT, they say.

The latter seems a bit optimistic to me, given the current state of the crops in France and the UK.

Increases will also come from China, up over 7% to 13.8 MMT, and India - up nearly 3% to 7.0 MMT.