The low average yield of rapeseed of 1.2-1.3 tons/ha will not allow Ukrainian agrarians to get a high gross of oilseed crop, the yields may level out in the future, but there will not be a record harvest, said the analytical cooperative “Pusk”, created within the All-Ukrainian Agrarian Rada (AAR).
“Rapeseed prices have started to rise sharply, and this trend will continue both in Ukraine and around the world,” the analysts said at a weekly briefing Tuesday.
According to their information, in small river ports the indicative rapeseed prices for a week increased from 330 euro/ton to 345 euro/ton. Supply of Ukrainian rapeseed was low last week. The situation will not change quickly, as the harvest has recently started.
Analysts expect indicative prices in small ports to grow to € 348 / ton by the end of the week, on the terms of CPT – up to € 355-360 / ton in the coming weeks.
Processors sounded purchase prices for rapeseed in a wide range, depending on the region – 12300-13200 hryvnia / ton, the lowest mark in the Odessa region, stated the “Pusk”.
The world prices for biodiesel are rising again, vegetable oils are becoming more expensive, so rapeseed will rise in price at the exchanges. But July and early August will be unfavorable for sales under the pressure of the new harvest, analysts summarized.
