This year, experts predict a record rapeseed crop in Ukraine - 3.5 million tons, which is 23% more than in 2018.
Yulia Garkavenko, an expert on the oilseed market of UkrAgroConsult, said that an increase in the area under winter rape and its successful overwintering will contribute to this.
According to her, Ukrainian farmers increase the area under rape for the third year in a row because of its high margins, which are also growing during this period.
Due to the growth of the rapeseed crop, its exports in 2019/20 MY are expected at the level of 2.9 million tons, which is 420 thousand tons more than the same indicator of the last season.
It is also noted that the domestic processing of rapeseed will increase and amount to 500 thousand tons against 330 thousand tons in 2018/19 MP.