Global canola research director David Charne last week stated that the world is currently producing around 58 million tonnes of oilseed brassicas - including canola, rapeseed and oilseed mustards. However demand is expected to hit 90 million tonnes by the end of the decade - a 50 percent increase. Charne said that around 20 percent of the required growth would come from an increased sowing area, but the rest would have to come from better productivity from rapeseed oil suppliers.
David Charne said "That means the growth in yield needs to be about 3 per cent a year." Rapeseed oil suppliers in Australia are producing the biggest crop ever this season at 2.5 million tonnes. However, Australia is actually a small producer globally, only accounting for roughly 4 percent of the estimated 58.3 million tonnes globally. Europe are one of the largest at 20.8 million tonnes produced, with China and North America following with 14 million tonnes each, and India with 7 million.
That said, is a 50 percent growth in production within the next 9 years achievable or sustainable for rapeseed oil suppliers? Dr Charne has stated that we're producing 70 percent more canola today than we were 10 years ago - an impressive number. However most of this growth has been in the area sown, wheras to reach a 90 million tonne crop by 2020 most of the emphasis for rapeseed oil suppliers would be placed on genetic improvement.
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