Commodities Buzz: Russias Rapeseed Crushing Reaches 3 Year Highs

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. As a reminder, 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.