AUSTRALIA exported 39,309 tonnes of canola in July, up from 16,290t shipped in June, with Japan the biggest customer, according to the latest export data from the Australian Bureau of Statistics (ABS).
The July figures reflect the focus of Europe, normally Australia’s biggest canola market at the start of the shipping year, on its own crop.
Japan, a loyal and long-time Australian canola customer, has been the biggest market by far for shipments over May, June and July, taking 59,321t, with China on 9600t the next biggest.
Shipments from Western Australia to eastern ports are thought to have totaled at least 50,000t over the reporting period as shipped tonnage continues to be sourced to satisfy crush requirements.
These are expect to continue up to November, when NSW canola will become available to crushers.
Victorian crops are generally enjoying a much better season than those north of the border, and they will also become available to crushers in November provided the latter half of spring does not receive excessive rainfall.
Table 1: ABS Australian canola export tonnages for May, June and July 2019.
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