(Bloomberg) -- Australia, the world's third-largest
canola exporter, may produce 8.4 percent more of the oilseed
than forecast because of good growing conditions in the east of
the country.
The nation may reap 1.67 million metric tons of canola in
the 2007-08 harvest, the Sydney-based Australian Oilseeds
Federation said today in an e-mailed report. That compares with
its June forecast of 1.54 million tons and last year's crop of
512,000 tons.
Read more at Bloomberg Commodities News
canola exporter, may produce 8.4 percent more of the oilseed
than forecast because of good growing conditions in the east of
the country.
The nation may reap 1.67 million metric tons of canola in
the 2007-08 harvest, the Sydney-based Australian Oilseeds
Federation said today in an e-mailed report. That compares with
its June forecast of 1.54 million tons and last year's crop of
512,000 tons.
Read more at Bloomberg Commodities News
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