USDA lowers 2009/10 Canadian rapeseed production
USDA lowers 2009/10 rapeseed production
According to the latest oilseed outlook report released by the USDA, the 2009/10 Canadian rapeseed production figure was lowered by 500,000 tons to 10 million tons, due to lower yields.
The USDA said that the rapeseed harvest is now complete, but rainy weather delayed the harvest in the northern regions. As of October 26, the harvest in Manitoba was 50 to 57% complete. Recent rain and snow means that most of the rapeseed crop will not be harvested and stored until 2010.
Although the Canadian rapeseed production figure was lowered, 2009/10 ending stocks may still be slightly higher than earlier forecasts, reaching 1.4 million tons, due to weak demand.
2009/10 Canadian rapeseed exports are forecast at 5.8 million tons, lowered by 300,000 tons, mainly because the Chinese government implemented strict testing for blackleg (Leptosphaeria maculans) this month. In 2008/09, China accounted for 36.5% of Canada's total rapeseed exports.
However, the USDA said that Canadian rapeseed crush demand may not be affected, because domestic processors can draw on ample stocks.
Canadian domestic rapeseed consumption is likewise facing serious challenges. The steady strengthening of the Canadian dollar and concerns about Salmonella in rapeseed meal have already squeezed processing margins. The US Food and Drug Administration has already barred multiple shipments of Canadian rapeseed meal from entering the United States, because US officials found Salmonella on the shipments. In addition, the US Food and Drug Administration has restricted rapeseed meal imports from Canada's four major processing plants.
The USDA said that the rapeseed harvest is now complete, but rainy weather delayed the harvest in the northern regions. As of October 26, the harvest in Manitoba was 50 to 57% complete. Recent rain and snow means that most of the rapeseed crop will not be harvested and stored until 2010.
Although the Canadian rapeseed production figure was lowered, 2009/10 ending stocks may still be slightly higher than earlier forecasts, reaching 1.4 million tons, due to weak demand.
2009/10 Canadian rapeseed exports are forecast at 5.8 million tons, lowered by 300,000 tons, mainly because the Chinese government implemented strict testing for blackleg (Leptosphaeria maculans) this month. In 2008/09, China accounted for 36.5% of Canada's total rapeseed exports.
However, the USDA said that Canadian rapeseed crush demand may not be affected, because domestic processors can draw on ample stocks.
Canadian domestic rapeseed consumption is likewise facing serious challenges. The steady strengthening of the Canadian dollar and concerns about Salmonella in rapeseed meal have already squeezed processing margins. The US Food and Drug Administration has already barred multiple shipments of Canadian rapeseed meal from entering the United States, because US officials found Salmonella on the shipments. In addition, the US Food and Drug Administration has restricted rapeseed meal imports from Canada's four major processing plants.