Tag: UFOP

Yield Increases Offset Production Area Decline for EU Sunflowers

Yield Increases Offset Production Area Decline for EU Sunflowers

July 15, 2017 |

In Germany, UFOP reports that the EU Commission expects sunflower seed output to grow due to yield increases, even though there is a slight reduction in EU sunflower area. Especially Romania and Bulgaria are expected to see higher yields. According to figures just published by the EU Commission, the 2017 sunflower area in the EU-28 […]

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Big Drops in Conventional Soybean Meal Pricing

Big Drops in Conventional Soybean Meal Pricing

July 8, 2017 |

In Germany, UFOP reports that prices for conventional soybean meal have fallen significantly over the year with global supply exceeding demand and putting downward pressure on asking prices. Since the beginning of the year, asking prices for 48 percent protein soybean meal have dropped by 18 percent to the current lowest level since April 2016 […]

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FAO’s Veggie Oil Index jumps 4% in December to 3-year hihg: UFOP

FAO’s Veggie Oil Index jumps 4% in December to 3-year hihg: UFOP

January 22, 2017 |

In Germany, UFOP reports that the vegetable oil price index of the Food and Agriculture Organization of the United Nations (FAO) surged by more than 4 per cent in December 2016, reaching a three-year high. Nevertheless, the index is far below its January 2011 record. According to the German trade group, “Prices for vegetable oils […]

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Rapeseed prices on the rise; Report 

Rapeseed prices on the rise; Report 

December 18, 2016 |

In Germany, UFOP reports that “the tight rapeseed supply situation in the UK sent local spot market prices soaring. At the same time, lower availability markedly curbed shipments abroad.” The small 2016 rapeseed harvest in the UK, which was down 30 per cent from the previous year, has had noticeable effect. The tight supply situation […]

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Sunflower production perks up from lackluster 2015: report

Sunflower production perks up from lackluster 2015: report

November 13, 2016 |

In Germany, UFOP reports that despite a reduction in sunflower area, sunflower production in the EU-28 picked up from the previous year. In particular, the extensive production in Hungary accounts for the growth. According to current estimates, the 2016 production of sunflowerseed will likely outstrip the fairly average 2015 output. Although the area planted with […]

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German exports of rapeseed oil hit a three-year high  

German exports of rapeseed oil hit a three-year high  

October 16, 2016 |

In Germany, 2015/16 exports of rapeseed oil climbed significantly, according to figures published by the German Federal Statistical Office. According to UFOP, the volume of around 1.1 million tonnes was up almost 16 per cent from 2014/15. Around 91 per cent went to other EU countries, which was 3 per cent less than the previous period. The Netherlands, […]

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Global 2016/17 vegetable oil production to hit record level: USDA

Global 2016/17 vegetable oil production to hit record level: USDA

September 25, 2016 |

In Washington, the USDA estimates that in 2016/17 global production of vegetable oils will amount to just less than 187 million tonnes, the highest quantity ever, according to the German treade association UFOP. Palm oil, soybean oil, rapeseed oil and sunflower oil account for around 87 per cent of production. The remainder consists of coconut oil, olive oil […]

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Agricultural diesel, biodiesel and rapeseed oil prices on the rise: UFOP

Agricultural diesel, biodiesel and rapeseed oil prices on the rise: UFOP

August 28, 2016 |

In Germany, UFOP reports that wholesale prices for  have gone up considerably in August. Rapeseed oil fuel and biodiesel hit record levels. Agricultural diesel continued to be the lowest-priced alternative despite the price rise. Prices for agricultural diesel and biodiesel were raised massively in mid August 2016 as manufacturers’ feedstock costs surged. In other words, […]

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Paris quotes for rapeseed withstand soybean weakness, says UFOP

Paris quotes for rapeseed withstand soybean weakness, says UFOP

July 31, 2016 |

In Germany, UFOP reports that positive crop prospects in the US have put “massive downward pressure on soybean prices”. This has hardly had any impact on rapeseed in Paris to date. Neither are there any signs of decline in harvest. An anticipated drop in supply in the EU in 2016/17 and slow harvest progress sent […]

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Poor weather, small EU harvest pushes rapeseed price ahead of wheat

Poor weather, small EU harvest pushes rapeseed price ahead of wheat

July 24, 2016 |

In Germany, UFOP is reporting that the price gap between rapeseed and wheat has widened at the end of 2015/16. As harvest pressure wanes, this trend could continue in 2016/17 because, due to poor weather, the EU harvest will be considerably smaller. UFOP relates: “The European grain and oilseed traders’ association Coceral/Copa-Cocega estimates the 2016/17 […]

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