Record Rapeseed Crop Means Record Exports for Australia

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May 25, 2022 | Agricultural Markets

Reading time: 1 minute

In 2021/2022, Australia profited from a bumper Rapeseed crop. Meanwhile, Canada —the usual top Rapeseed exporter— lost a very large portion of its crop, leading to Australia dominating the export market. Indeed, since the beginning of MY 21/22, Australia increased its Rapeseed exports every month, except for Feb, when exports shrank only by 16.5 kmt (-3.4% YoY), largely compensated by Mar exports, where Australia exported ~560 kmt more YoY. Overall, between Nov 21 & May 22, Australia increased exports by more than 2.2 Mmt, thanks to the poor Canadian crop and a global Vegoils crisis.

Australia Rapeseed Exports Between Nov & May: 2020/21 v. 2021/22

Russia Wheat Exports Between May 1st & 19th: 2022 v. 2021

Track Rapeseed Cargos from Australia ports to Up to 21 Other Origins

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