Global rapeseed and canola prices will remain under downward pressure in 2014, as production reaches a new record high in the 2013/14 season, amid increased output in most major producers.
Market analyst Oil World projects global output of 67.7 mln tonnes, while The International Grains Council (IGC) also sees a 7% rise in output to 68.2 mln tonnes, as well as a 26% rise in carry-over.
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