# AgriCensus Report

> The EU faces tight rapeseed supply through the second half of its marketing year after drought cut its crop to a 13-year low. Imports rose 77% year on year to 2.67 million mt, with Ukraine supplying nearly 80%, but Ukrainian exportable surplus is nearly exhausted.

- Date: 2019-11-13 · published 2019-11-13T12:00:00.000Z
- Category: weather · region EU · magnitude medium
- Page: https://feedsoft.ai/events/56166-agricensus-report
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

With Ukrainian supply running out and the EU short roughly 3.9 million mt until June 2020, European buyers will turn to Australia and Canada, supporting rapeseed and related oilseed meal prices.

## Read by commodity

- SOY: neutral
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-06-16 | [Soybean Outlook Update Following USDA's June WASDE Report - Center for Commercial Agriculture](https://feedsoft.ai/events/35543-soybean-outlook-update-following-usda-s-june-wasde-report-center-for-commercial.md) | +4.6% | +3.9% |
| SOY | 2024-03-01 | [ENSO and agriculture: exploring the risks for insurance portfolios](https://feedsoft.ai/events/31591-enso-and-agriculture-exploring-the-risks-for-insurance-portfolios.md) | +2.5% | +5.6% |
| SOY | 2022-07-15 | [Weather and recession fears trump USDA report - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/5593-weather-and-recession-fears-trump-usda-report-agweek-1-source-for-agriculture.md) | -11.9% | +6.2% |
| SOY | 2023-03-14 | [IP Crop Network, March Report - U.S. Identity Preserved Alliance](https://feedsoft.ai/events/13291-ip-crop-network-march-report-u-s-identity-preserved-alliance.md) | -0.9% | -0.2% |
| SOY | 2017-05-01 | [Agri Marketing Update](https://feedsoft.ai/events/7072-agri-marketing-update.md) | +1.9% | -2.0% |

## Sources

- commodityconversations.com: https://commodityconversations.com/wordpress2/2019/11/13/agricensus-report-48/

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