Tag: UFOP

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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Argentina and the EU settle dispute over biodiesel imports

Argentina and the EU settle dispute over biodiesel imports

February 10, 2019 |

In Germany, according to the Union for the Promotion of Oil and Protein Crops, European oilseed producers are the losers due to the decision of the representatives of the EU Member States in the Trade Defence Instruments Committee (TDI) of 30th January 2019. The association criticizes the Committee’s approval of the Argentine Government’s proposal for […]

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Reduced rapeseed processing

Reduced rapeseed processing

February 3, 2019 |

In Germany, UFOP reports that small rapeseed crops in Germany and the EU-28, inadequate third-country supply, unsatisfactory margins and, on top of all that, low water levels in rivers. German oil mills have processed less rapeseed in the running marketing year than a year earlier. Already in the marketing year 2017/18, German oil mills cut […]

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Combining agriculture with market and climate protection policies

Combining agriculture with market and climate protection policies

February 2, 2019 |

In Germany, the Union for the Promotion of Oil and Protein Crops formulated its policy expectations and presents it in their third edition of the Global Market Supply Report. UFOP refers to the generally good global supply situation for the most important agricultural commodities. The updated report also takes into account the raw material requirements […]

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Rapeseed costs less than fuel oil

Rapeseed costs less than fuel oil

January 25, 2019 |

In Germany, UFOP reports that for years now, dramatically low prices have defined the level of revenues from rapeseed and soft wheat. The drought year 2018 did not do anything to change this. So anyone who is still talking about an inflationary effect of biofuel production, raises the “food or fuel” conundrum, or time and […]

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EU imports of US soybeans doubled

EU imports of US soybeans doubled

January 19, 2019 |

In Germany, UFOP reports that following China’s ban on U.S. soybeans, the U.S. has been in need of new buyers. The EU-28 benefits from this situation as its imports of US soybeans have multiplied. The EU-28 has always depended on oilseed imports from third countries, because EU demand exceeds EU production by around 30 per […]

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