This episode highlights key developments in the global canola and oilseed markets.
- Australia's canola exports for August 2025 reached 180,037 tons, marking a 16 percent increase from July, yet still significantly lower than the 322,948 tons exported in August of the previous year. The leading importers included the United Arab Emirates, Bangladesh, and Japan, while European destinations remained absent due to ample local supply.
- Harvest activity for the 2025–2026 season is underway across Southern Queensland, Far Northern New South Wales, and Western Australia. Initial yield forecasts of 6.4 million tons have been revised down to 6.1 million tons by Lockstock Consulting, citing dry conditions as the primary factor. This highlights the canola crop’s sensitivity to weather variability.
- In Russia, rapeseed oil exports to China continue to rise, reaching $975.4 million over the first nine months of the year, a one-third increase from the previous year. Conversely, sunflower oil exports to China declined sharply, and soybean oil shipments also fell. Nonetheless, Russia maintained its position as the second largest exporter of edible oils to China, trailing Argentina and ahead of Brazil.
- Ukraine’s oilseed market is experiencing a shift, with some processors favoring sunflower production over rapeseed due to more favorable crush margins. Despite this trend and ongoing export duties, rapeseed exports rose modestly in October. By mid-October, Ukrainian farmers had planted over 1,012 hectares of winter rapeseed, reaching 90.8 percent of the planned area. Notably, several regions completed sowing ahead of schedule, indicating promising agronomic conditions.
