AUSTRALIAN CANOLA HARVEST DELIVERS IN 2017
Date: 09 May 2018
(A summary of the 2017/18 Quality of Australian Canola publication released at the Australian Oilseed Federation General Meeting last week as provided by GenTech Seeds Pty Ltd Canola Business Manager, Kevin Morthorpe).
While all eyes are on the skies for canola planting rains in 2018, most growers would be happy with their results from the 2017 canola harvest.
The release of the Quality of Australian Canola publication last week by the Australian Oilseeds Federation (AOF) provides good news for all stakeholders along the supply chain.
Total Australian canola production was the fourth highest on record. Harvested tonnage from a challenging season in 2017 was down by 12 percent compared to 2016. The average State yield ranged from 1.67 t/ha in Victoria to 1.03 t/ha in New South Wales (third lowest on record).
Quality of the Australian canola harvest in 2017 was above the Australian weighted average. The average oil content for the 2017 harvest was 46.4% and the second highest recorded from harvests over the past decade (2008-2017). The average protein content in the meal was among the highest recorded at 39.4%. Quality parameters of importance such as saturated fatty acids content, chlorophyll content in whole seed as received and glucosinolate content in meal meet the AOF Trade Standards and market requirements, both at home and export.
Vegetable oils such as canola are traded generally on their Iodine Value. A measure of ‘unsaturation’ for oils is what is referred to as the Iodine Value. The higher the value, the more polyunsaturated the oil. Results from the 2016 and 2017 harvests reversed the declining trend in the Iodine Value in the oil over the past decade and better matches the end user requirements and the opportunity for creating additional value through the value chain.
Future prospects for the Australian oilseeds industry are excellent as the second largest exporter of canola to global markets These results from the 2016 and 2017 harvests ensure the reputation of Australian grown oilseeds remains strong for driving growth in existing and new markets.
The Australian Oilseed Federation is working with its members to increase growers’ capability through innovation, promote a framework for market choice (non-GM and GM canola) and enhance market access opportunities for Australian oilseeds, including grower certification for the EU., as outlined in its Strategic Plan 2015-2025. GenTech Seeds is pleased to be a member of this peak industry body for the Australian oilseeds industry.