Ukraine's rapeseed harvest anticipated lowest in 4 years: analysts
The bulk yield of rapeseed in Ukraine in 2021 is expected to be around 2.4-2.5 mln t, 6% down from last year's harvest and could be the lowest for the last four seasons, the APK-Inform consultancy reports.
"The decline in crop production is caused by a decrease in the sown area (-21%), but will be offset to some extent by an expected increase in yields (+11%)," analysts argue.
With the country's rapeseed production prospects weakening this year, its export potential in 2021/22 could be around 2.2 mln t (-9% on 2020/21).
Related: How Germans Introduced Ukraine to Rapeseed. An Interview with Michael Rjasanowski
As of June 1, rapeseed stocks in Ukraine amounted to 78.2 thou. t, 5% down YoY (June 1, 2020: 82.6 thou. t).
In the 2020 crop year, rapeseed production in Ukraine reached 2.55 mln t on 1.11 mln ha using the average yield of 2.29 t/ha. For the 2021 crop, rapeseed sowing was 87% completed of the planned 1.01 mln ha.
