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MY 2023/24 saw rather disappointing yields for the UK rapeseed oilseed crop overall. In MY 2024/25 rapeseed production is forecast even lower at 900 thousand metric tons (MT) due to a combination of poor growing conditions, a sharp fall in the price of rapeseed, pest pressure and the increased attractiveness of agri-environment options.

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.

In MY 2021/22, the total value of Japan’s soybean imports reached a historical record while rapeseed crush hit the lowest point in 10 years as rapeseed imports from Canada declined.

On October 13, the Consumer Affairs Agency (CAA) opened a public comment period for proposed revisions to the genetically engineered (GE) labeling requirements of the Food Labeling Standards.

MY2022/23 is characterized by a small decrease in rapeseed production and an increase in imports of soybean meal and oil. Total United Kingdom (UK) rapeseed area in MY2022/23 is forecast to increase by 17 percent with an anticipated yield of 3Mt per hectare, slightly below the Defra five-year average of 3.3Mt per hectare.

The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.

In MY 2021/22, profit margins of Japanese soybean crushing surpassed those of canola crushing. Meanwhile, as hotel, restaurant, and institutional service industries (HRI) began to recover from the effects of the COVID pandemic, demand for soybean oil spiked as canola oil demand dropped with less home cooking than during the peak crisis period.

MY2021/22 is characterized by a further reduction in rapeseed production. Total United Kingdom (UK) rapeseed area in MY2021/22 is forecast to decline by 17 percent, primarily due to uncertainty over crop performance.

Japan’s overall oilseed consumption is forecast to remain stable in MY 2020/21 and MY 2021/22. Due to the COVID-19-related shift from eating out to at-home cooking, in MY 2019/20 and MY 2020/21...

Japan’s overall oilseed consumption is forecast to remain stable in MY 2020/21 and MY 2021/22.

Japan’s palm kernel shell (PKS) imports have dramatically increased since 2012, when biomass-generated power became eligible for a feed-in-tariff program (FIT).

Soybean exports to Japan will increase in MY 2019/20 and MY 2020/21 due to a favorable soybean crush margin and advance contracting by crushers.