Ukraine over 7M of 2017/18 increased rapeseed oil production by 25%

The production of rapeseed oil over 7 months of 2017/18 shows an increase of 25% as compared with the corresponding period of the previous season, UkrAgroConsult informs.

"The production of rapeseed oil in January 2018 slightly increased as compared to December 2017 and amounted to 971 tons, at the same time remaining one of the lowest indicators since the beginning of this season," the message says.

From July to January 2017/18, production of rapeseed oil amounted to 80.22 thou. tons against 66.6 thou. tons a year earlier, which was due to the active processing of the oilseed crop from August to September 2017.

"In 2017/18 volumes of rapeseed oil production should exceed last year's and make up not less than 82 thou. tons (2016/17: 66.7 thou. tons)," UkrAgroConsult analysts project.

Previously it was reported that in January 2018 Ukraine exported 78.55 thou. tons of rapeseed for the amount of USD 34.15 million.