Browse Data and Analysis

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.

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.

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.

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.

In marketing year (MY) 2021/22, total year-on-year Romanian oilseed production is forecast to increase by 36 percent due to favorable weather.

The U.S. Census Bureau's export data tracks U.S. food and agricultural trade shipped directly to Romania. However, it does not measure the substantial levels of the U.S. agricultural trade to Romania routed through Western European ports of entry.

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.

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

Although oilseed growers in western and central Romania benefited from early-summer precipitation, farmers in eastern Romania experienced significant drought conditions throughout the growing season.

Post forecasts that year-on-year Romanian oilseed production will decline by 10.7 percent in marketing year (MY) 2020/21, mainly due to a decline in the sunflower area.

On April 9, the Government of Romania (GOR) suspended most exports of grains, oilseeds, and related products as of April 10, 2020, to non-European Union (EU) markets.

Australian oilseed production in marketing year (MY) 2020/21 is forecast to begin to recover following years of drought-impacted crops.