This week’s global canola market update covers key developments:

Brazil: Canola crops show resilience despite adverse weather, with proactive management strategies to mitigate frost risks. Production is expected at 1,679 kg per hectare across 134,975 hectares.

Russia: A surge in rapeseed production, particularly in Altai Krai, boosts exports despite lower yields, while Belarus is advancing its winter rapeseed sowing.

North Dakota: The canola harvest begins amid fluctuating yields and regulatory changes, impacting biofuel markets.

Poland and China: Rapeseed sowing in Poland starts for the 2024 season, and Russia’s rapeseed oil exports rise, driven by health benefits.

For more details, visit CropGPT.