Rapeseed Meal (Canola Meal) is used basically in animal feed due to its protein content of 36-38%. M 10%,FM 2.5%
Producers: China, India, Canada, European Union-27 and Japan are the other major producers of rapeseed – canola meal.
Exporters: Canada is the world’s largest exporter having market share of around 50% in world trade followed by India and China.
Major Markets: United States is the biggest importer of Canadian canola meal. Mexico, Ireland, Taiwan, Indonesia, Thailand, China and Vietnam are the other buyers for Canadian meal. Bangladesh, South Korea, China, Malaysia, Philippines, Taiwan, Indonesia, Japan, Singapore, Thailand and Vietnam are the main buyers for Indian rapeseed meal.
Future: Rapeseed or Canola meal is not traded on any exchange in world. Traders and Exporters looking to hedge their risks have to use canola and rapeseed future.