Rapeseed Production Recorded High at 18 Million MT in Canada

By CnAgri2014-03-25 09:58:42 Print Rapeseed meal: On Mar. 19th 2014, the average wholesale price of rapeseed meal is RMB2894Yuan/MT, down 0.41% compared with last week. Canadian rapeseed production recorded high this crop year at 18 million MT. Intensive list of rapeseed blocked export and caused delay of arrivals in China. But with efforts of Canadian government, the shipment was improved, which signified that domestic would see intensive rapeseed arrivals. Based on current rapeseed meal fundamentals and market trend of soymeal, BOABC predicts rapeseed meal price still has risk of declining.  (Table 6)



From “China Oil and Oilseeds Market Weekly Report”