Tag: rapeseed

German rapeseed oil export shrinks

German rapeseed oil export shrinks

September 22, 2018 |

In Germany, UFOP reports that German exports of rapeseed oil in the 2017/18 marketing year fell short of the previous year’s record level. Above all, some EU member states purchased considerably less rapeseed oil. According to figures published by the German Federal Statistical Office, German exports of rapeseed oil declined for the first time in […]

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Further increase in German rapeseed imports in 2017/18

Further increase in German rapeseed imports in 2017/18

September 9, 2018 |

In Germany, UFOP reports that according to information published by the German Federal Statistical Office, Germany saw another rise in rapeseed imports in the 2017/18 marketing year. Imports hit a record high at just under 6 million tons. In the 2017/18 marketing year, the German oil mill industry imported around 6 million tons of rapeseed. […]

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Rapeseed meal hits 3 year high

Rapeseed meal hits 3 year high

August 26, 2018 |

In Germany, UFOP reports that the disappointing 2018 EU rapeseed crop and brisk demand from compound feed manufacturers pushed rapeseed meal to a three-year high. The rise has reduced the price advantage over GMO-free soybean meal. Wholesale prices for rapeseed meal firmed considerably over the past few weeks. Since the beginning of July 2018, asking […]

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Brisk demand stimulates rapeseed oil price

Brisk demand stimulates rapeseed oil price

August 11, 2018 |

In Germany, UFOP reports that asking prices for rapeseed oil recovered considerably over the past few weeks. In contrast, palm oil fell to a multi-year low. German wholesale prices for vegetable oils developed very disparately in the second quarter of 2018. According to Agrarmarkt Informations-Gesellschaft mbH (AMI), recent asking prices for rapeseed oil amounted to […]

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Smaller rapeseed crop sends prices spiking

Smaller rapeseed crop sends prices spiking

July 29, 2018 |

In Germany, UFOP reports that the ongoing heatwave in the EU-28 is anticipated to lead to a significantly smaller rapeseed harvest than previously expected and prices have already risen considerably and are likely to increase further. German ex-farm prices of rapeseed from the 2018 crop have surged substantially over the past few weeks. Since the […]

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Global rapeseed stocks could shrink to six-year low

Global rapeseed stocks could shrink to six-year low

July 14, 2018 |

In Germany, UFOP reports that the current IGC report on global rapeseed supply in 2018/19 expects world rapeseed stocks to see a significant decline. The reason is smaller harvests, especially in the EU-28 and Australia. In its outlook for the 2018/19 marketing year, the International Grain Council (IGC) projects global rapeseed production at 72.1 million […]

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China’s demand for protein could increase rapeseed prices

China’s demand for protein could increase rapeseed prices

July 8, 2018 |

In Germany, UFOP reports that due to the lower harvest estimates for key rapeseed producing countries and prospects of brisk demand from China, asking prices for rapeseed are poised to exceed previous expectations. Prospects of a weaker rapeseed harvest in the EU-28 are gradually having repercussions on prices, leading to firming prices in Paris. Prices […]

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Total to use 10% rapeseed at La Mede biorefinery to appease farmers

Total to use 10% rapeseed at La Mede biorefinery to appease farmers

June 4, 2018 |

In France, Reuters reports that Total plans to appease protesting French farmers by using 50,000 metric tons of rapeseed as feedstock at its La Mede biorefinery, around 10% of the facility’s total production capacity, despite the company’s CEO saying it wasn’t the “most profitable” feedstock for the plant. Original plans were for 100% imported palm […]

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2018/19 global rapeseed consumption could rise to record levels

2018/19 global rapeseed consumption could rise to record levels

May 18, 2018 |

In Germany, UFOP reports that the current USDA report on global rapeseed supply projects hardly any changes for the running season. However, production and consumption are predicted to reach new record levels in 2018/19. In its May forecast, the USDA sees global 2017/18 rapeseed production unchanged from the previous month’s estimate at 74.3 million tonnes, […]

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EU rapeseed imports leveled off

EU rapeseed imports leveled off

May 6, 2018 |

In Germany, UFOP reports that the excessive EU rapeseed imports which previously characterized the marketing year have waned. At the beginning of April, the total volume stood at the previous year’s level. Extensive rapeseed imports from third countries were a major feature of the EU rapeseed market already early in the running marketing year. This […]

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