Rapeseed Market Trade Report released by USDA shows most regions of Canadian Prairie are under dry and hot weather, which greatly affects rapeseed yield this year.

The predicted data of Canadian rapeseed yield in 2021 reduced over 4 million ton to 16 million ton. The reduction of average unit area yield is reduced nearly 20%, while the less harvest area is caused by larger area of rapeseed harvested as fodder. Due to reduced yield, the opening inventory is reduced, and the rapeseed supply is expected to be over 20% lower, creating the lowest level in recent ten years.