Browse Data and Analysis

Australian oilseed production, dominated by canola, is expected to be strong for the fifth consecutive season during the marketing year (MY) 2025/26.

Australian oilseed production, dominated by canola, is expected to be strong for the fourth successive season during the marketing year (MY) 2024/25. If realized, canola production of 6.5 million metric tons (MMT) would be 14 percent above the previous year’s estimate and the third largest on record.

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.

Australian oilseed production, dominated by canola, is expected to be strong again in marketing year (MY) 2023/24, but down from the record in MY 2022/23. Canola production is forecast in MY 2023/24 at 5.5 million metric tons (MMT), the third largest from the record-busting crop estimated at 8.3 MMT in MY 2022/23.

A number of factors have converged over the last 18 months to send global agricultural commodity prices to near-record levels. Russia’s invasion of Ukraine – and the potential loss of Ukrainian exports – was the latest development to push commodity prices higher.

Australian oilseed production, dominated by canola, is expected to be strong again in marketing year (MY) 2022/23, after big crops in MY 2021/22. Canola production is forecast in MY 2022/23 at 4.7 million metric tons (MMT), down from the record-busting crop estimated at 6.35 MMT in MY 2021/22, but if realized would still be the second largest crop in history.

A package of export restricting measures aimed at the oilseeds market is expected to dampen the trend of increasing oilseed production in Russia.

Australian oilseed production is expected to be strong again in marketing year (MY) 2021/22, continuing the recovery that started in MY 2020/21 following two years of extreme drought.

As part of its package of measures to reduce food prices adopted in December 2020, the Russian government issued a number of decrees to restrict exports of some grains and oilseeds...

The Australian federal government is supportive of biotechnology and has committed considerable longterm funding to research and development.

EEC authorities plan to extend the current restriction on exports of sunflower seeds outside EAEU countries through August 31, 2020 in order to “stabilize prices for sunflower oilseeds...

In MY 2020/21, the oilseed segment of the Russian agricultural sector will see continued growth in production of sunflower seeds, in particular, as well as soybeans.