Tag: UFOP

German biodiesel exports hit record high

German biodiesel exports hit record high

October 6, 2018 |

In Germany, UFOP reports that in the first half year of 2018, German biodiesel exports climbed considerably. Demand from the U.S., but also from Sweden and Austria, increased sharply. In the first six months of 2018, German exports of biodiesel surged more than 14 per cent to 877,000 tonnes compared to the year-earlier period. Just […]

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Soybean ending stocks increasing strongly

Soybean ending stocks increasing strongly

September 30, 2018 |

In Germany, UFOP reports that world soybean production in the 2018/19 marketing year will likely be higher than previously expected. Since Chinese demand is shrinking, stocks could surge to a record high. In its September report, the USDA raised its estimate of global soybean production for 2018/19 by 2.2 million tonnes to 369.3 million tonnes. […]

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UFOP position paper says time is now for biofuels

UFOP position paper says time is now for biofuels

September 24, 2018 |

In Germany, UFOP published a position paper intended to appeal to decision-makers in politics, business and science on why biofuels can and should play a role in climate protection goals, especially with discussion about food vs. fuel and iLUC capping limits for conventional biofuels. “With regard to climate protection goals, the paper aims at showing […]

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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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Biodiesel share increased despite declining diesel consumption

Biodiesel share increased despite declining diesel consumption

September 15, 2018 |

In Germany, UFOP reports that consumption of road traffic diesel and petrol in the first half year of 2018 was lower than in the 2017 reference period. However, the use of biodiesel and bioethanol saw a significant rise. The strongest demand for biodiesel in the past six months and the largest quantity since August 2017 […]

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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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Global soybean production in 2018/19 could reach record level

Global soybean production in 2018/19 could reach record level

August 18, 2018 |

In Germany, UFOP reports that global 2018/19 soybean production is estimated significantly higher than the previous month. The U.S. Department of Agriculture raised its forecast for the U.S. considerably, now expecting a bumper crop. The reason is an unexpected strong increase in U.S. crop expectations for 2018. According to the outlook, the U.S. could harvest […]

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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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EU oilseed crop likely to come in below expectations

EU oilseed crop likely to come in below expectations

August 5, 2018 |

In Germany, UFOP reports that according to the EU Commission’s preliminary estimates, the 2018/19 oilseed output in the EU-28 could fall short of last year’s level. The main factor is declines in rapeseed yield. In its latest monthly report, the EU Commission has projected the 2018 EU-28 oilseed harvest at 33.1 million tonnes. Consequently, production […]

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