Monday, June 11, 2007

Australia's Canola Production Forecast Little Changed at 1.54 Million Tons

(Bloomberg) -- Forecast canola production in
Australia, the world's third-largest exporter of the oilseed,
remains little changed this month, the Australian Oilseeds
Federation said today.

The nation may produce 1.54 million metric tons of canola
in the 2007-08 harvest, the Sydney-based group said today in an
e-mailed report. That compares with its May forecast of 1.55
million tons and output of 512,000 tons last year.


Read more at Bloomberg Commodities News

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