Last days precipitations in the south of Ukraine and expected showers further next week could inspire farmers for continuation of winter rapeseed planting. In general, as of 02 September 2024, Ukrainian farmers planted 446.2 KHA of winter rapeseed as per official data, vs. 654.9 KHA same time last year. Such a slow pace leads market participants to opinion that farmers can shift additional acreage to wheat from rapeseed. Thus, situation to be watched.
As of reported date, farmers also planted 27.7 KHA of winter wheat (2.0 KHA LW, 42.5 KHA LY), 2.2 KHA of winter barley (0.6 KHA LW, 1.2 KHA LY) and also first 8 KHA of winter rye (1.1 KHA LY).
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