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- (-) Oilseeds (excl. soybean)
- (-) May 2023
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Dashboard that demonstrates the scope of Black Sea grain and oilseed trade. Millions of tons of grain are shipped through these international waters each year, making the Black Sea region a major supplier of agricultural commodities worldwide.
MY 2022/23 has been overshadowed by the developments in Ukraine. However, a larger than forecast rapeseed harvest, following favorable growing conditions, avoided the UK being reliant on imported oilseeds, meals, and oils.
The Black Sea region is a significant supplier of agricultural commodities to the world. Over the past year, global grain and oilseed markets have been roiled by the ongoing military conflict in Ukraine.
MY 2023/24 European Union oilseed production is forecast to increase by over four percent over the previous drought affected year.