FranceRapeseed is cracking the 800€ mark
In the beginning of the year 2022, rapeseed reached first time the border of 800€ on the matif of Paris. Observers see even more upward price scope in the nearest future. This is depending from the development of the plants in South America. Some rainfalls in the last days stopped the price rally, a few weeks ago it was very dry, so the outlook for the harvested tons were quite low but we have to wait for the harvest results.
AustraliaRecord rapeseed harvest expected in Australia
The winter crop production in Australia reached a new national record following favourable growing conditions over spring. Crops were generally in good condition at the end of winter and a combination of sufficient rainfall and mild temperatures over spring further improved crop prospects nationally. The forecast for the Canola production reaches of new record of 5.7 million tonnes, 27% above the previous record set in 2020-21.
United Kingdom2022 Spring & Winter Gross Margins
For harvest 2022 winter oilseed rape is the second most profitable combinable crop. Directly next to the first feed Wheat (estimated winter gross margin of 909 £/ha), WOSR is performing very strong this season with an estimated winter gross margin of 904 £/ha.
United KingdomControl of the cabbage stem flea beetle
The agriculture and horticulture development board (ADHB) which is representing the farmers, growers and others in the supply chain in UK has commissioned together with some industry partners a project to better understand the biology of cabbage stem flea beetle. Three different trials trials showed a promising control of the flea beetle: that the choice of the sowing date, growing of companion crops and applying digestate to seed-beds.
CanadaCanola is more in demand than ever
Next to the traditional food market for canola, the renewable fuel market in Canada is catching fire. The demand to turn canola oil into a low-carbon fuel is growing in Canada’s backyard, and in Canada itself. Canada needs more canola to take full advantage of the new crushing demand and seed exports. The current demand of 1.8 million tonnes of canola seed for biofuel is projected to jump fourfold to 6.5 million by 2030, says Mr Chris Vervaet, executive director of the Canadian Oilseed Processors Association (COPA). Canadian biofuel demand of about one billion litres a year could more than double to 2.5 billion by 2030. A big chance for the Canadian farmers.
GermanyExpansion of the global rapeseed cultivation area by 2%
The International Grains Council (IGC) expects the global area under rapeseed to increase to 40 million ha. That would be a good 2 % more than in the current growing season. The historically high price level is contributing to this. A larger cultivation area is expected, especially in the important growing regions such as Canada and the European Union. Many farmers are motivated to expand their rapeseed acreage again due to the producer prices.