In its May forecast, the USDA sees global 2017/18 rapeseed production unchanged from the previous month's estimate at 74.3 million tonnes, up around 4.4 per cent from the previous year's level. World rapeseed consumption is revised slightly lower to 73.1 million tonnes. Consequently, global rapeseed supplies would grow by 0.3 million tonnes to just less than 6.5 million tonnes, exceeding the previous year's figure by around 1 million tonnes.
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