Oil World expects dry, hot weather to hit EU rapeseed production further

In Germany, Oil World expects the EU’s rapeseed production to take a hit from the current hot and dry weather, where lack of rain in top producers Germany, France, Britain and Poland is likely to see the most impact. The analysts expect production to reach only 21.8 million metric tons, down from more than 24 million tons in 2014. Insect damage due to a ban on a frequently used pesticide has also had a negative impact, making the weather-related yield challenges all the more apparent.