Consulting Agency UkrAgroConsult
The Grain Union of Kazakhstan estimates that rapeseed production cost in 2018 averaged more than USD 202/MT (excluding VAT) with the annual average selling price in the country at USD 296/MT (excluding VAT).
The profitability of rapeseed production equals 46.5% against 72% for linseed, 50% for barley and 35% for wheat, reports UkrAgroConsult.
Despite stable demand from Kazakh crushers and exporters, the expansion of rape plantings is curbed by the following factors:
- complexity of agronomic practices and the need for additional implements to grow this crop (special seed drills, sprayers etc.);
- the weather factor and binding to a certain agroclimatic zone;
- the lack of equipment and infrastructure for rapeseed drying, cleaning and storage;
- high cost of rape growing (seed, fertilizers, machinery, plant protection products).
More information is available to subscribers for Online Analytics “Black Sea Vegoils” in the new innovative platform AgriSupp.com by UkrAgroConsult. Agrisupp is a reliable analytical tool for agri market participants with historical and current market data, daily updates on grain, oilseed and pulses markets.
We offer 7-days trial! Completely free!
Share in social media:
More market news:
If you have any questions, please contact us:
Leave us a message, and our manager
will contact you as soon as possible.