REPORTS of exceptional oil levels are following the news of excellent canola yields in most parts of the nation’s cropping belt.
Australian Oilseeds Federation (AOF) executive officer Nick Goddard said while the crop was unlikely to challenge yield records it was likely to be significantly up on last year and oil levels were also a pleasing feature.
“There will be big increases in Victoria and South Australia leading the way, we would expect something more than 3.5 million tonnes, which is a big jump from the previous season which was impacted by drought in south-eastern Australia,” Mr Goddard said. In good news for growers he said other factors, such as the quality package and prices were also holding up, making canola one of the best performing crops this season.
