Keep an Eye on Your Vision Health with Be Quinn Global’s Lumina Eye Vitamin

  • Lumina Eye Vitamin is formulated in Japan with three main ingredients – Lutein & Zeaxanthin, Blue Green Algae, and Prune Extract
  • It addresses common vision problems faced by people, such as short-sightedness, amblyopia (lazy eye), visual fatigue and eye strain especially among schoolchildren and senior citizens

 

KUALA LUMPUR, MALAYSIA – Media OutReach – 13 August 2021 – According to the Health Ministry, at least 80% of all blindness or limited vision cases can be prevented or treated[1]. With this understanding, Be Quinn Global (BeQ), a health and beauty company launched its first flagship product, Lumina Eye Vitamin, that aims to enhance vision and provide essential nutrients that can help maintain eye health and good macular function.

 

https://store.beqglobal.com/.

#BeQGlobal

Industrial & Manufacturing Employment Up 62% in Q2 2021 from Q1: Michael Page Indonesia

JAKARTA, INDONESIA – Media OutReach – 13 August 2021 – Global recruitment specialists Michael Page Indonesia witnessed the number of jobs rise in Q2 2021 compared to Q1 led by an increase in Industrial & Manufacturing at 62%. This was followed by an increase in job positions within Legal (up 56%) and Human Resources (up 24%). According to job opportunity data shared by Michael Page, Q2 2021 saw an overall 5% growth from Q1 2021.

Disney+ To Launch In South Korea, Hong Kong And Taiwan In November 2021

  • Highly anticipated streaming service will feature a vast library of entertainment content from Disney’s iconic brands – Disney, Marvel, Star Wars, Pixar, National Geographic and Star
  • In October, Disney+ Japan will be expanded with additional general entertainment content

HONG KONG SAR – Media OutReach – 13 August 2021 – At the company’s Q3 earnings call this morning, The Walt Disney Company announced that Disney+, the highly anticipated streaming service, will launch in South Korea, Hong Kong and Taiwan in November 2021. Disney+ Japan will also be expanded to feature additional general entertainment content in October 2021.

Screenshot And Win N1Million Bedroom Makeover In Mouka Promo

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Have you participated yet?
Your bedroom can get a facelift worth N1 million before the end of the year.

HOW TO WIN

To stand a chance to win,
✔️ Visit mouka.com/buyright
✔️ Fill in your details and submit
✔️ Take a screenshot of the Mouka mattress(es) you were matched with and post using the hashtag #IveGotMyMouka
✔️ Tag Mouka Limited and challenge 2 friends to go find their Mouka.
You must be following @Moukalimited on Facebook and Instagram to participate.

The deadline has been extended to August 31st.

T&C’s apply: bit.ly/MoukaBedroomMakeover
#IveGotMyMouka
#GetTheMoukaforYou
#Mouka

How To Win All Expense Paid Trip To Dubai In Premier Cool Chill And Win Promo

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These general conditions apply to participants in PREMIER COOL CHILL AND WIN PROMO.

By participating in this competition, you agree to the following terms and conditions of the contest.

1. The Promoter is PZ Cussons Nigeria PLC.

This contest is open to all Premier Cool Nigeria consumers whether on E-Commerce
Store, SOCIAL MEDIA PLATFORMS (Facebook & Instagram) and/or modern trade
outlets; Directors, members, partners, employees, agents or consultants of PZ Cussons Nigeria PLC, the marketing service providers of any person who directly or indirectly controls or is controlled by these entities, including their spouses, life partners, business partners or immediate family members are exempted.

2. This offer is not sponsored, endorsed, or administered by, or associated with
Instagram, Facebook or any other medium used for promoting it.

Promotional Period

The offer will begin on the 2nd of August and end on the 31th of October 2021. The contest is only valid for this period within Nigeria geographical area.

Terms of Participation

1. The promotion will be open to Nigerian residents aged 18 years and above

2. Consumers buy any of the Premier Cool 60 gram to 110 gram packs.

3. Check the pack for a unique number; text the number to 1393 to enter the draw.

4. Consumer’s data would also be collected for the purpose of notifying the
consumer about impending promotions.

5. The collection of the code through SMS to the shortcode is to validate it and
qualify them for the prize draw.

6. Participants can enter the promo multiple times provided they enter a new and
unique code each time

7. Weekly electronic draws will be conducted and thirty (15) winners will be gifted
each at each draw.

8. One (1) Winner will be selected each month for Three (3) months from the draw
for the grand all expenses paid trip to Dubai; they get to bring a partner.

9. The promo will be open to consumers who purchase via e-commerce or traditional
open market and modern trade outlets.

10. Participants can participate multiple times with entries but eligible to win once
during the duration of the campaign.

11. The Premier Cool Nigeria team reserves the sole right to disqualify any that does
not abide by the terms and condition. The team has the right to refuse to redeem
coupons at its absolute discretion, if the coupons appear to be defective, tampered
with, defaced, forged or reconstructed.

12. PZ Cussons Nigeria PLC shall not be responsible for any loss of items or failed
delivery

13. PZ Cussons Nigeria PLC shall not be responsible for any scam or internet fraud

14. The images of the winners or entrants of the competition may be used for any
necessary brand amplification.

15. By entering the contest, the participant relinquishes all rights to images or any
content provided. And PZ will have free hand to use it for any amplification as
deemed fit.

Note: Offers not sponsored by PZ Cussons Nigeria PLC; entering service sites or any
other automated means and entries by any means that subvert the entry process or do not conform to the terms or spirit of these contest rules, will void the entry and may
disqualify the entrant.

20. Any declaration or announcement of Winners by the Premier Cool Nigeria team shall
be final and uncontested.

21. Winners of the contest will be announced on the Premier Cool Nigeria social media
pages.  Reasonable efforts will be made to contact winners through either of the
following email, telephone numbers, Instagram & Facebook account. The names of the winners, once contacted, will be published on social platforms.
17. All winners will be required to provide proof of their names, a valid ID and contact
details. Phone number MUST tally with the one used to enter for the promotion

18. Use of awarded prize is at the expense and risk of the winner. PZ Cussons Nigeria
PLC cannot be held liable for use of the prize by the winner(s).

How To Win All Expense Paid Trip To Dubai In Premier Cool Chill And Win Promo-Brand Spur Nigeria
How To Win All Expense Paid Trip To Dubai In Premier Cool Chill And Win Promo-Brand Spur Nigeria

19. All winners SHOULD be available for pickup/collection of their prizes at the
appropriate location specified by PZ Cussons Nigeria Plc.

20. PZ Cussons Nigeria Plc. will make the gifts available at the redemption center within
1 month of winning

21. Items not redeemed within 4 weeks will be forfeited by the winner

22. Staff of PZ Cussons, Experiential Edge, Redot, WithoutABox, SO&U, and other third party agencies will not eligible to participate in this promotion; these will be classified as “Disqualified Participants”

Judging Criteria
Items purchase must be any of the Premier Cool 60gram to 110 gram packs which has a
unique number printed on its wrapper.

Post Event Publicity
23. All winners can be used for editorial, advertising or promotional, research and
profiling purposes without further compensation or liability.
24. PZ Cussons Nigeria PLC reserves the right to use the images taken of the winner for
publicity purposes in any manner they deem fit, without further remuneration being made payable to the winner.
25. The participants consent to the processing of personal data and post event publicity in connection with the participation in the contest. PZ Cussons Nigeria PLC may add the
personal information to its database, provide personal data to third parties involved in the promotion (including but not limited to suppliers, advertisers and sponsors etc.)

General

26. PZ Cussons Nigeria PLC shall have the right to change or terminate the contest
immediately and without notice. In the event of such change or termination, all
participants agree to waive any rights that they have in respect of this contest and
acknowledge that they will have no recourse against PZ Cussons Nigeria PLC or its
agents.

27. Neither PZ Cussons Nigeria PLC, its agents, its associated companies, nor any
directors, officers nor employees of such, shall be liable for any loss or damage, whether
direct, indirect, consequential or otherwise arising from any cause whatsoever, which
may be suffered by the participant.

28. The PREMIER COOL CHILL AND WIN Promo shall not be used for any unlawful,
illegal, obscene or abusive purpose.

29. PZ Cussons Nigeria PLC has the right to use pictures and any material submitted for
the purpose of this contest for marketing purposes after the duration of the campaign.

30. If one or more of these terms and conditions are void and invalid, this will not affect
the validity of the remaining conditions.

31. Any questions, complaints or comments about the offers can be made in writing and
sent as an inbox message to the Premier Cool Facebook, Instagram and Twitter page.
By participating in PREMIER COOL CHILL AND WIN Promo, it means that you have
agreed to the above terms and conditions of the PREMIER COOL CHILL AND WIN
Promo

Privacy Policy

Premier Cool Nigeria ("us", "we", or "our") operates http://www.microsite.com (the & quot;Site"). This page informs you of our policies regarding the collection, use and disclosure of Personal Information we receive from users of the Site.

We use your Personal Information only for providing and improving the Site. By using
the Site, you agree to the collection and use of information in accordance with this policy.

Information Collection And Use

While using our Site, we may ask you to provide us with certain personally identifiable
information that can be used to contact or identify you.

Personally, identifiable information may include but is not limited to your name (" Personal Information").

Log Data

Like many site operators, we collect information that your browser sends whenever
you visit our Site ("Log Data").

This Log Data may include information such as your computer's Internet Protocol
("IP") address, browser type, browser version, the pages of our Site that you visit, the time and date of your visit, the time spent on those pages and other statistics.

In addition, we may use third party services such as Google Analytics that collect,
monitor and analyze this.

Communications

We may use your Personal Information to contact you with newsletters, marketing
or promotional materials and other information.

Cookies

Cookies are files with small amount of data, which may include an anonymous
unique identifier. Cookies are sent to your browser from a web site and stored on
your computer's hard drive.

We use "cookies" to collect information. You can instruct your browser to refuse all cookies or to indicate when a cookie is being sent.

However, if you do not
accept cookies, you may not be able to use some portions of our Site.

Security

The security of your Personal Information is important to us, but remember that no
method of transmission over the Internet, or method of electronic storage, is 100%
secure. While we strive to use commercially acceptable means to protect your
Personal Information, we cannot guarantee its absolute security.

Changes to this Privacy Policy

This Privacy Policy is effective as of July 5, 2021 and will remain in effect except
with respect to any changes in its provisions in the future, which will be in effect
immediately after being posted on this page.

We reserve the right to update or change our Privacy Policy at any time and you
should check this Privacy Policy periodically. Your continued use of the Service
after we post any modifications to the Privacy Policy on this page will constitute
your acknowledgment of the modifications and your consent to abide and be bound
by the modified Privacy Policy.

If we make any material changes to this Privacy Policy, we will notify you either
through the email address, you have provided us, or by placing a prominent notice
on our website.

How To Win N500,000 In The Knorr Unwrap And Win Promo

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Nigeria’s favourite seasoning brand Knorr has commenced a 2021 consumer promo-themed ‘Unwrap and Win Promo’, where two winners stand a chance to win N500,000 weekly for 12 weeks.

Brand Spur Nigeria reports that the promo which started on the 29th of July 2021 will also reward many customers with exciting instant prizes like free airtime, shopping vouchers, kitchen utensils, notebooks and so much more at the different redemption centres.

The promo aimed at rewarding loyal consumers of Knorr and putting a smile on their faces will also encourage more households to sample its range of products made with natural ingredients and rich in flavour.

How To Participate In The Knorr Unwrap And Win Promo

  • Submit 2 empty packs of Knorr 400g, OR 3 empty packs of Knorr 320g or 10 empty packs of Knorr 100g at any our redemption centres –
  • -Spin the digital wheel at the centre to stand a chance to win instant prizes
  • -Qualify for the weekly raffle draw and stand a chance to win N500,000.

T&C Apply

REDEMPTION CENTERS

S/N Location City Customer – Outlet Level
1 Abule Egba Lagos Justrite Superstore – Abule Egba
2 Dopemu Lagos Justrite Superstore – Dopemu
3 Isolo Lagos Justrite Superstore – Isolo
4 OKOTA Lagos MARKET SQUARE
5 IKORODU Lagos SETZ IJEDE
6 IKOTUN Lagos Twins Faja Oropo
7 IKOTUN Lagos Twins Faja Abaranje
8 OWORONSHOKI Lagos GOD’S TIME MIYAKI RD,OWORONSOKI
9 OGBA Lagos HOME AFFAIRS OGBA
10 AJAH Lagos Blossom Supermarket
11 LEKKI Lagos Hartley Supermarekt
12 IKOYI Lagos Cino Express
13 IKOTA Lagos GLOBUS
14 ELEGANZA Lagos FOODCO
15 Ikorodu Lagos Justrite Superstore – Ikorodu
16 Ojodu Lagos Justrite Superstore – Ojodu
17 Bariga Lagos Justrite Superstore – Bariga
18 Egbeda Lagos Jendol Superstores – Egbeda
19 Isheri Lagos Jendol Superstores – Isheri
20 Abulegba Lagos Jendol Superstores – Abulegba
21 Chevron Lagos Mall Mart Yaba
22 VI Lagos Grand Square
23 U-turn Lagos Jendol
24 Ibadan Ibadan Pinnacle Plaza
25 Ibadan Ibadan Foodco Nigeria – Ibadan
26 Ibadan Ibadan Vanguard store
27 Ibadan Ibadan Brent
28 Ibadan Ibadan General supermarket
29 Ibadan Ibadan Upright stores molete
30 Abeokuta Abeokuta Ace stores
31 Abeokuta Abeokuta Vanguard store
32 Abeokuta Abeokuta Justrite Superstore – ABEOKUTA
33 Abeokuta Ijebu ode Ace stores
34 Ilorin Ilorin Popino food and nut
35 Ilorin Ilorin Mamtes supermarket & stores
36 Ilorin Ilorin Danco Super market
37 Abuja Abuja Sahad Store – Abuja
38 Abuja Abuja I C World Emporia
39 Abuja Abuja H Medix Supermarket Asokoro
40 Abuja Abuja H Medix Supermarket Gwarimpa
41 Abuja Abuja Next CnC – Abuja
42 Abuja Abuja Cherry Supermarket
43 Abuja Abuja Nadrem Kubwa
44 Abuja Abuja Passion trust Kubwa
45 Kano Kano Sahad Store – Kano
46 Kano Kano Surfimat & Stores
47 Kano Kano Barakat Stores
48 Kano Kano M.gogel Stores
49 KADUNA KADUN Almajiri Global
50 KADUNA KADUN Pikili World ventures
51 KADUNA KADUN Kauti Sauki
52 KADUNA KADUN Sid & son super mart
53 Uyo Uyo ALL TIMES SUPERMARKET
54 Uyo Uyo CENTRAL SUPERMARKET
55 Uyo Uyo DAYSPRING SUPERMARKET
56 Port Harcourt Portharcourt Everyday Emporium
57 Port Harcourt Portharcourt Market Square Odili rd
58 Port Harcourt Portharcourt Everyday
59 Port Harcourt Portharcourt Boom supermarket
60 Port Harcourt Portharcourt Market square GRA
61 Akure Akure COVENANT STORE ARAPAJA
62 Akure Akure REHOBOTH ODO ONA
63 Calabar Calabar Choice store
64 Calabar Calabar Daily supermarket
65 Calabar Calabar Sweetmart supermarket
66 Aba aba Kboy supermarket
67 Aba aba Madam Quality food shop
68 Aba aba Emma supermarket
69 Aba aba Market square
70 Benin Benin MM2 Supermarket
71 Benin Benin Jara Supermarket
72 Benin Benin GPS Pharmacy
73 Benin Benin Isihor
74 Warri Warri Gemstone supermarket
75 Warri Warri Lee Oasis supermarket
76 Warri Warri Esco Supermarket
77 Onitsha Onitsha Jeco Supermarket
78 Onitsha Onitsha Silver Supermarket
79 Onitsha Onitsha Best Option Supermarket
80 Onitsha Onitsha Emmyson Supermarket
81 Onitsha Onitsha Gazel Supermarket
82 Enugu Enugu ROBAN STORES Trans Ekulu
83 Enugu Enugu ROBAN STORES Agbani
84 Enugu Enugu Elisco
85 Enugu Enugu �Best choice store
86 Owerri Owerri Priceless Supermarket
87 Owerrri Owerri Everyday Emporium
88 Owerrri Owerri Chyzikoh Supermarket Ikenegbu Adjacent Everyday Emporium 4
89 Owerrri Owerri Best choice Supermarket World bank
90 Owerrri Owerri Chi best Supermarket Amakohia/Orlu RD

Nigeria In Distress: The Solutions Are In The Marketing Communications Space?

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By Sunday Odiaka

Looking at the increasing challenges bedeviling Nigeria, there is no sense, denying the fact that a cloud of uncertainty hangs around her continuous existence as an independent state.

The unemployment rate, for instance, is estimated to be 33%, this year, with youth unemployment and underemployment specifically pegged at 42% and 21% respectively.

“With the negative impacts of COVID-19 particularly on economic growth, it is inevitable that the unemployment rate will go further up and might even be on a steady path of increase if no meaningful step or measures are taken, attests a report, cited in punchng.com.

Regrettably, the country’s hard-won democracy which obviously is still at a developing stage is equally seriously threatened. The threat, experts observed, is mostly fueled by actions and pronouncements by the incumbent leadership and other state’s actors.

“On the 3rd of June, the Nigerian government via a series of tweets, passed messages that could only be translated as genocidal,” Elvis Kachi, a contributor, writes, recently, in BusinessDay Weekender.

“Buhari, Lolade Akinmulere, Deputy Editor at BusinessDay, also in the same BusinessDay Weekender, notes, has…now become a threat to the same vibrant democracy that brought him into power whether it’s in the form of sanctioning the use of aggressive force against peaceful protesters or the recent Twitter ban for all Nigerians.”

It is however not debatable that in the midst of the severe socio-economic and democracy threats, highly promising and youthful talents abound in Nigeria. The country proudly boasts of young barrier-breakers whose ideas and businesses are solidly competing favorably against long-existing and high-paying ventures in other climes.

Some young Nigerian achievers are equally hitting topmost-levels with what, ordinarily, could be waved off as irrelevant side hustles. It is further clear and highly commendable that some of these young Nigerian limit-breakers are not only pulling and exclusively reserving the spotlight for themselves, they are seriously grooming other young ones to continue to water their progress.

Remarkably, these thrilling narratives are becoming more visible in Nigeria’s integrated marketing communications space. The practitioners, mostly youngsters, are not just making tremendous contributions to the growth of the industry; they are positively disrupting and developing the nation’s broader business and political landscape.

O To Ge was widely considered as one of the most successful media campaigns during the 2019 general polls. The ingenious campaign concept was reportedly designed and perfectly executed by a relatively known advertising agency managed by some young Nigerians. Daniel Obi, writing in businessday.ng, recalls “O to ge” is set to be another social phenomenon that leads a people to defining socio-political awareness and defining decision.”

Several young Nigerian marketing communications experts are equally pulling favourable recognitions and headlines outside the country with their innovative works. As usual, some of them were among those honoured for their pacesetting ideas as well as listed in the recently published Forbes Africa annual 30 under 30.

Interestingly, the list was released at a time when many businesses were brought to a complete standstill by the ravaging Covid-19 pandemic. “…they are the continent’s revolutionary thinkers revitalising ideas and industries with fresh business models and innovative leadership,” notes a report cited in www.forbesafrica.com.

It is further evident that several young Nigerian marketing communicators are moving beyond creating cool and engaging content as well as helping brands in strengthening their market positions.

They are clearly proving that businesses can perfectly use marketing campaigns in dousing sovereignty-threatening issues. In the highly competitive beer sector, for instance, various players are seriously rekindling strong patriotism in the citizens, moving beyond profit-making. International Breweries is promoting its beer brand and at the same time, helping the younger generation in keeping in touch with their culture and tradition through the recently launched Echefula.

The campaign, in Igbo dialect, means “Never Forget Your Identity.” Nwakaibeya, a short film, was reportedly unveiled by Guinness Nigeria to promote its beer brand as well as showcase the rich and colourful heritage of Nigerians from the East. Nigerian Breweries further used 508 crates of one of its beer brands in recreating the popular Niger Bridge as well as deepening relationships with its consumers.

Sadly, these young achievers are making these groundbreaking leaps at a time when Nigeria is clearly mired in crisis. Certain policies of the government, obviously, remained the major roadblock to business progress. In short, the increasing projection is that successive leadership is far from creating the desired environment for their investments.

“Other countries will want to project local industry by supporting them while ours is purportedly taking scarce foreign exchange to some seedy portfolio agency somewhere in Bahrain,” Steve Babaeko reportedly bemoans. Babaeko, currently heading the Association of Advertising Agencies of Nigeria, AAAN, is one of the young experts perfectly grabbing his chances in the Nigerian marketing communications space.

The good news, however, is that as Nigeria joins the rest of the world in marking this year’s International Youth Day, several Nigerian youths especially the ones in the marketing communications space are boldly challenging and changing “negative normal.” They are clearly proving that they are no longer comfortable, operating within a system where they will make little or no representation in decision-making and execution. They are clearly proving that they are no longer ready to wait idly and endlessly for responsibilities to be entrusted to them.

It is very clear that they are seriously concerned about creating and translating opportunities into appreciable gains. It is also very clear that they are seriously concerned about proving that they got all it takes to perfectly drive the future of the country. It is further very clear that in such Nigerian youths, a new and prosperous Nigeria is possible!

Odiaka, a media practitioner, writing from Lagos, can be reached through: shorikwueodiaka@gmail.com

Shoprite Launches World-class Butchery Learning Programme

The Shoprite Group has launched an internationally-endorsed Master Meat Artisan Programme for its qualifying butchery managers and will train its initial intake of 52 people to join the exclusive global club of Master Butchers.

As there are only 55 Master Butchers in the world, this programme will boost the development of a particularly scarce and sought-after skill, provide career path opportunities for its employees and put the Group, and South Africa, on the map as world-class specialists in meat processing practices from farm to fork.

Of the only 55 Institute of Meat Accredited Master Butchers globally, five are South Africans, all of whom are employed by the Shoprite Group. Two received accreditation from the United Kingdom’s Institute of Meat in 2019 and a further three were certified in 2020.

Shoprite Launches World-class Butchery Learning Programme-Brand Spur Nigeria
Shoprite Launches World-class Butchery Learning Programme-Brand Spur Nigeria

The Group already trains some 200 people a year in butchery skills to ensure an adequate supply of talent into its stores’ Meat Markets across the country. The new programme, endorsed by the United Kingdom’s Institute of Meat, will ensure its butcheries continue to enhance the Group’s competitive advantage in this area.

The Master Meat Artisan Programme takes a year to complete, and participants are required to build a portfolio of evidence that includes modules on butchery expertise, business acumen and food hygiene and safety amongst others. It is anticipated that 250 of the Group’s qualifying butchery managers will be enrolled onto this programme over the next five years.

The fact that the programme requires 10 years’ experience, with at least five as a Meat Market manager, to qualify, reflects Shoprite’s commitment to being on a long-term career journey with its employees by providing them with opportunities to develop their skills, increase their knowledge of meat and ultimately grow their careers.

The Shoprite Group is arguably the only company on the continent to provide this type of programme, and as Africa’s largest food retailer, it is committed to developing and enhancing the skills of its employees. This is one of numerous programmes its employees have access to.

The first intake of 52 commenced in August 2021, and all training is undertaken by the Shoprite Group. The UK’s Institute of Meat will be involved in the quality assurance of the learning programme and learners’ achievements.

Iraq Purchases U.S. Rice for the First Time in Nearly Two Years

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In July 2021, Iraq purchased 120,000 tons of U.S. long-grain rice (though it has not yet shipped), the first purchase since 2019. The United States has been an important supplier of long-grain rice to Iraq for over two decades.

Iraq is a major rice importer in the Middle East and imports from both Asian and Western Hemisphere suppliers. However, 2020 was atypical for the Iraqi rice market, as its overall imports were down by approximately 20 percent with India supplying most followed by small amounts from Vietnam, Turkey, and Thailand.

Rice
Source: U.S. Census Trade Data

While traditional suppliers lost market share in Iraq in 2020, India milled rice exports to Iraq increased by almost 40 percent. The Government of Iraq has traditionally been a major buyer for its Public Distribution System (PDS), buying mainly from approved origins including the United States.

NonPDS, private-sector rice imports have been rising, and private-sector buyers have been attracted to India’s competitive prices for basmati in 2020. Almost all Indian rice exports to Iraq are milled rice, with the majority being basmati rice.

This new sale is welcomed by U.S. rice exporters and the rice milling industry since the Iraqi rice market has also been a historically significant market for U.S. long-grain rice producers. Other than in 2020, in recent years Iraq consistently lands as a top-five export market for U.S. long-grain rice.

Rice
Freight Containers on a Ship | Photo by Andy Li

In contrast to sluggish imports in 2020, Iraq is forecast to increase its rice imports in 2021 driven by projections for higher consumption, thus granting U.S. exporters the opportunity for additional future sales. However, Iraq appears to be diversifying its suppliers, as demonstrated by recent purchases from Uruguay and Thailand.

Tight Canada Rapeseed Supplies Impact Global Oilseeds Markets

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Hot and dry conditions for much of the Canadian Prairies have significantly impacted rapeseed production this growing season. The 2021 production forecast is reduced by more than 4 million tons this month to 16.0 million. Oilseed crops are mainly used for the production of oil, a constituent of diet, being an important source of fatty acids.

Average yield is reduced by nearly 20 percent while harvested acreage is lower in response to anticipated abandonment or increased harvesting for forage. With lower production and reduced carryin from last season, rapeseed supplies are forecast to decline more than 20 percent to the lowest level in nearly 10 years.

oilseeds
United States Department of Agriculture Foreign Agricultural Service

With beginning stocks already at minimal levels due to the strong demand observed over the past few years, most of the decline in availability will be reflected in the seed exports.

Crush is also expected to decline; however, with continued strong demand for canola meal and oil in the United States, and positive margins for Canadian crushers, the impact on domestic crush volume is expected to be less significant. Crush volume is forecast to fall just 9 percent while exports are forecast to decline by one-third.

Outside of Canada and the United States, rapeseed supplies (production plus beginning stocks) are forecast to rise more than 2 percent, with increased exports out of Eastern Europe and Australia offsetting some of the declines out of Canada.

With Canada representing more than 60 percent of global trade over the past 4 years, importers such as China and the EU will face the greatest challenges, requiring drawdowns in local stocks and increased substitution with other protein meals and oils. An expected strong rebound in sunflower seed production in Europe will be instrumental in offsetting the reduced availability of rapeseed in Canada.