Many farmers are forward-selling a proportion of their oilseed crop at good rapeseed prices according to James O’Loughlin, agronomist at Quinns of Baltinglass.
With good rapeseed prices in recent months, James noted that there has been a good uptake by tillage farmers of forward-selling opportunities for the 2027 crop. This guarantees a price that a farmer is happy to sell at for a proportion of their crop.
“We’ve had good oilseed rape prices,” he said. “In comparison to the other break crops, it’s a very marketable crop, it’s internationally traded so it’s very easy to get a price, very easy to sell forward. We traditionally have people that will sow their oilseed rape, they’ll wait until it comes up, and then they’ll sell a proportion of their crop at a time when there’s a good price available,” he commented.
“Oilseed rape has probably been the most successful one [break crop] over the last few years.”
