Raps Radar

Behind the expectations

The forecast of the Australian canola production is going down, because of difficult conditions (drought). ABARES reduced their estimation on 2.3 mill. tons, which is 0.271 mill. tons less than in the last report (June 2019). This is still more than in the last season (only 2.18 mill. tons), but -29 % vs. 10-year average.