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AHDB analysis says UK rapeseed production in 2020/21 fell 41% year on year to 1.04Mt, well below the five-year average. Imports have risen to supply the domestic crushing industry, and the author expects tight supplies in the UK and globally for 2021/22.
A shrinking UK domestic crop shifts the country to net imports, which tightens European oilseed supplies and supports rapeseed and meal prices. This adds to the global oilseed tightness.
ahdb.org.ukMay 26, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
