The quarterly production report released by the Australian Bureau of Agriculture, Resources, Economics and Sciences (ABARES) on Tuesday showed that Australia's rapeseed production for 2024/2025 was higher than last expected, but still lower than the previous year. The report states that the expected Australian rapeseed production for 2024/2025 is 5.6 million tons, higher than the September forecast of 5.47 million tons, but still 8% lower than the previous year. The planting area and yield of rapeseed this year are lower than the previous year due to dry weather in the southeastern region of Australia.

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