Oilseed in a sentence

Bunge is already the world’s largest oilseed processor and analysts said it and Viterra’s crushing businesses could face regulatory scrutiny in Canada and Argentina.

However, what’s critical to note in the oilseed market, is that if supply concerns from the US do ease over the coming weeks, traders focus will return to uncertain demand for US origin soyabeans given the stiff competition from Brazilian origin.

In Canada, producers planted 21 million acres of the oilseed in 2022.

Over the medium term, the sales will probably remain subdued, despite the current 2022/23 large grain and oilseed harvest, but somewhat above long-term average levels.

Take oilseed rape as a case in point.

Ukrainian oilseed prices remain competitive against rivals and attractive to European buyers.

Estimates of grain and oilseed exports by Dragon Capital, a Kyiv-based investment firm, and figures on the number of grain ships arriving in Ukrainian ports collected by Lloyd’s List Intelligence, a shipping-data company, point to similar trends.

Research suggests that production of wheat, oats, barley and oilseed rape could drop by as much as four million tonnes (17%) compared to 2023 after an unusually wet autumn and winter.

Above the average, farmers tend to plant more soybeans than corn on their acreage as the oilseed yields a greater economic reward.

The ministry estimates that about K30 billion is lost annually through illicit trade from oilseed commodities.

Bunge is the first grain and oilseed processor to integrate these metrics into its platform, offering Field to Market’s outcomes-based approach to measuring sustainability directly to farmers.

Deficient rainfall from the annual monsoon also threatens oilseed crops, which could boost foreign purchases of edible oils, including palm oil, where the country is the largest importer.

Despite being the fifth largest oilseed crop producing country in the world, India is also one of the largest importers of vegetable oils today.

In Class 23, Oilseed, Mya Willms placed first, Abigail Stamp placed second and fourth while Austin Willms placed third.

She requested the oilseed farmers to follow suit and save the country from perpetual edible oil imports.

But higher expected returns on the oilseed over corn in 2017 led U.S. farmers to plant a record 90.1 million acres, some 8 percent more than in the previous year.

Pod shatter is a major issue for farmers of oilseed rape worldwide who lose between 15-20 percent of yield on average per year due to prematurely dispersed seeds lost in the field.

Rising acres will send production of the oilseed to an all-time high, Agriculture and Agri-Food Canada said in a Jan.

The government has intervened in the market and is making physical procurement of the oilseed to protect farmers.

Another major industry was oilseed crushing.