Commodities Buzz: Russias Rapeseed Crushing Reaches 3 Year High

Russian crushers produced 27.4 KMT of rapeseed oil in March 2018 versus 32.4 KMT in the previous month and 26.7 KMT in March 2017. The monthly volumes of rape oil production in MY 2017/18 steadily exceed the respective ones of last season, except for January. This was contributed to by a rapeseed crop increase in 2017. Overall, rape oil production in July-March 2017/18 was up 20.8% on the year at 286.4 KMT versus 237.1 KMT a year ago.