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Rapeseed Meal

Rapeseed is mainly grown in the northern belt of India and its production heavily depends on weather. The sowing normally takes place in Oct-Nov and harvesting in Feb-March. The rapeseed is crushed to obtain oil and cake which is further sent to solvent extraction for removal of residual oil and to obtain its meal.

Rapeseed meal is mainly used in animal feed and also as organic fertiliser. The meal is preferred over oilcake due to its versatile use. The protein content is normally 36%-38%.

Canada & australia are also the major producers and exporters of rapeseed and its meal. In Canada it is referred to as Canola meal. In India rapeseed is also known as mustard seed. The main export markets for Rapeseed meal of India are Bangladesh, South Korea, China, Malaysia, Philippines, Taiwan, Indonesia, Japan, Singapore, Thailand, Vietnam etc. In oilmeals export from India, rapeseed meal stands second to soybean meal with volume of around 1 million tons (2006-07).

The rapeseed meal prices mainly moves in the same direction as soybean meal for it is also known as cheaper substitute to soymeal.


Rapeseed Meal Prices

(Indicative Commodity Prices in US$ PMT FOB port (Breakbulk), India)

22nd Oct - US$ 204-206
The prices showed some drop.

18th Oct - US$ 207-210
The rsm showed slightly down movement with sbm.

15th Oct - US$ 210-212
The prices for rsm remain unchanged during the week.

8th Oct - US$ 210-212
The rapeseed meal mirrored sbm movements and went down too with global economy concerns.

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