Rainfall in recent weeks has improved conditions for planting rapeseed in Ukraine, the world’s third-biggest exporter, while eroding soybean crops in far eastern Russia, Oil World said.
Soil moisture levels have improved in Ukraine after rain late last month, while remaining below last year’s level after dry weather in preceding weeks, the Hamburg-based researcher said in an e-mailed report today. Farmers planted about 461,000 hectares (1.14 million acres) of the oilseed as of Sept. 4, compared with 731,000 hectares at the same time last year. Total planting may be 924,000 hectares, down from 1.04 million a year earlier, Oil World said, citing the government.
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