Ukraine may expand rapeseed area to 1.5 million hectares
Ukraine may increase rapeseed plantings to 1.5 million hectares as high fuel prices boost biodiesel demand. Farmers could add 400,000 hectares this autumn.
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Ukraine is prepared to significantly expand its rapeseed cultivation if the ongoing geopolitical tensions involving Iran continue to drive global energy costs higher. The potential shift in agricultural strategy comes as soaring fuel prices, including Brent Crude Oil, increase the demand for biodiesel feedstocks across Europe.
