Global Market conditions are favorable for Ukrainian rapeseed producers- USDA. Per USDA, the areas under oilseeds in Canada, as it is expected, will decline.

As attaché reports, yield of oilseeds is kept at the acceptable level, however decrease of acreage, weather forecasts and general mood prevailing among Canadian agrarians, suggests that in the 2013/14 season country’s oilseed export will decrise by 10%, if compared with the precious season.

In 2013/14 MG production of oilseeds and vegetable oils within the country will grow, however, that growth will be directed primarily to satisfy domestic demand.

Canada- world’s largest exporter of canola and its products. Decline in the share of such a powerful player in the market opens up some opportunities for exporters from Ukraine, which is also a significant producer and exporter of oilseeds.

Keep in mind, that in the near future, China, for many years has traditionally purchases rape exclusively from Canada, is preparing to start the import of oilseeds from Ukraine.