Tag: UFOP

German biodiesel exports rose substantially in Q1 2019

German biodiesel exports rose substantially in Q1 2019

June 15, 2019 |

In Germany, UFOP reports that German biodiesel exports increased sharply in the first quarter of 2019, with exports to Great Britain seeing the biggest growth. In the first three months of 2019, German exports of biodiesel surged around 33 per cent to 581,248 tonnes year-on-year. Around 87 per cent of these exports were shipped to […]

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Large harvests and implications of US-China trade dispute force down prices

Large harvests and implications of US-China trade dispute force down prices

May 26, 2019 |

In Germany, UFOP sees sustainable agriculture and climate protection as losers and calls for fast action because soybean prices are on a downward slide all across the globe. The reason is both large harvests in Argentina and Brazil and the trade dispute between the US and China, according to UFOP, which has voiced concerns that […]

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Tight supply of soybeans in 2019/20

Tight supply of soybeans in 2019/20

May 19, 2019 |

In Germany, UFOP reports that the U.S. will presumably harvest the smallest tonnage of soybeans in four years in 2019. In its first outlook on the 2019/20 supply situation for soybeans, the USDA expects a decline in production combined with growth in consumption. The US authority sees the 2019/20 global soybean harvest at 356 million […]

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FAO vegetable oil price index at eleven-year low

FAO vegetable oil price index at eleven-year low

May 12, 2019 |

In Germany, UFOP reports that the global price index for vegetable oils came under pressure in March. It slumped 4.4 per cent to 128 points, the second lowest level in eleven years. The average vegetable oil price index for 2018 as a whole was 144 points. Very good market supply with palm oil combined with […]

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Palm oil production faster than consumption and Malaysian palm oil reach record levels

Palm oil production faster than consumption and Malaysian palm oil reach record levels

May 5, 2019 |

In Germany, UFOP reports that the productivity of oil palm trees seasonally decreases from October onwards. Nevertheless, January/March 2019 palm oil production was up, on average, 10 per cent from a year earlier. By contrast, exports only increased 7 per cent. In the first three months of the ongoing year, Malaysian production of palm oil […]

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Trade dispute reduces U.S. soybean area

Trade dispute reduces U.S. soybean area

April 7, 2019 |

In Germany, UFOP reports that because of the U.S. trade dispute with China and the resulting limited export potential, U.S. farmers are growing fewer soybeans. In most U.S. states, farmers have likely planted fewer soybeans in 2019. This assumption is based on figures published by the USDA, which expects the 2019 US soybean area to […]

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EU oilseed area in slight decline

EU oilseed area in slight decline

March 31, 2019 |

In Germany, UFOP reports that in the EU-28, fewer oilseeds are grown for the 2019 harvest than were planted for the previous year’s harvest. The EU Commission forecasts a total hectarage of 11.5 million for the 2019 harvest. According to the current estimate, this is down 6 per cent from the previous year and the […]

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Biodiesel imports almost doubled in 2018

Biodiesel imports almost doubled in 2018

March 17, 2019 |

In Germany, the latest statistics for 2018 imports of biodiesel to Germany show a sharp increase over 2017 imports. UFOP reports that the rise was triggered by overabundant supply of state-subsidized and consequently low-priced biodiesel from Argentina. UFOP fears that a similar development will take place after the EU Commission’s ongoing anti-subsidy proceedings against Indonesia […]

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Biodiesel once again lower priced than agricultural diesel

Biodiesel once again lower priced than agricultural diesel

March 9, 2019 |

In Germany, UFOP reports that at the beginning of March, farmers have to fork out less for biodiesel than for agricultural diesel for the first time in just less than one year, although diesel is cheaper than a year ago. Biodiesel prices first and foremost depend on vegetable oil prices – rapeseed oil in the […]

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First-Quarter Soybean Stocks Are Up Sharply

First-Quarter Soybean Stocks Are Up Sharply

February 23, 2019 |

In Washington, D.C., in its Crop Production—2018 Summary report this month, USDA estimated the 2018/19 U.S. soybean crop at 4.544 billion bushels, a decline of 56 million from the previous estimate. The crop, coupled with a large September 1 carryover, swells total supplies for 2018/19 to a record 5 billion bushels. The U.S. export forecast […]

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