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Ukraine eyes shrinking rapeseed crop

This article was originally published in The Public Ledger

UKRAINE'S 2011 rapeseed crop could fall to 1.3m to 1.4m tonnes in 2011, down from 1.47m tonnes harvested in 2010 in the key exporting country, Hamburg-based oilseeds analyst Oil World said. Ukraine's disappointing crop could further tighten rapeseed supplies in the EU, where a major oilseed supply gap is looming after a poor rapeseed crop. In June, forecasters had expected Ukraine's crop to rise on the year, the 2010 harvest was low because of drought.



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