# Global rapeseed meal trade to reach new record in 2024/25 MY

> OilWorld Germany forecasts global rapeseed meal trade will reach a record in 2024/25 on rising supply. Global rapeseed meal production reached 43.9 million tonnes in 2023 and consumption is projected at a record 44.5 million tonnes in 2023/24.

- Date: 2024-05-30 · published 2024-05-30T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/30361-global-rapeseed-meal-trade-to-reach-new-record-in-2024-25-my
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Record trade volumes suggest ample meal supply that could cap rapeseed meal price gains, though rising consumption in India, China and the EU offsets some of that pressure.

## Read by commodity

- CANMEAL: neutral

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/global-rapeseed-meal-trade-to-reach-new-record-in-2024-25-my/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.