Tag: UFOP

Vegetable oil prices see increases – rapeseed up 15%, palm up 14%, soybean up 6%

Vegetable oil prices see increases – rapeseed up 15%, palm up 14%, soybean up 6%

November 19, 2017 |

In Germany, UFOP reports that vegetable oil prices recently showed a firmer trend and that rising demand and a weaker euro led to a rise in asking prices. Following the weakness in crude oil prices in the first half year of 2017, OPEC’s cap on production and political crises in the Middle East had their […]

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Ex-farm rapeseed prices declined from previous year

Ex-farm rapeseed prices declined from previous year

November 3, 2017 |

In Germany, UFOP reports that the volatility of German ex-farm prices of rapeseed was very low over the first four months of the 2017/18 marketing year. Wheras July and August producer prices clearly exceeded the previous year’s level, asking prices remained virtually unchanged in the weeks that followed. The difference from the previous year ranged […]

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Vegetable oil prices on the rise

Vegetable oil prices on the rise

October 28, 2017 |

In Germany, UFOP reports that the vegetable oil price index of the Food and Agriculture Organization of the United Nations (FAO) rose to a seven-month high in September 2017. Above all, the firmer prices for palm and soybean oil contributed to the surge. Asking prices for vegetable oils firmed significantly in the third quarter of […]

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EP Committee on Environment denies prospects for domestic biofuels

EP Committee on Environment denies prospects for domestic biofuels

October 28, 2017 |

In Germany, UFOP published a letter expressing its disappointment in the result of the vote in the European Parliament’s Committee on Environment on Monday this week concerning the reform of the biofuel policy for the period from 2020 to 2030 (RED II). UFOP said that as a result of the decision, biofuels made from cultivated […]

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Larger legume harvest coming for spring

Larger legume harvest coming for spring

October 21, 2017 |

In Germany, UFOP reports that legume harvests were satisfactory due to the expansion of land devoted to growing legume crops which set the course for a larger legume harvest in Germany already in spring. Consistently higher yields than 2016 also contributed to the rise in harvests. In 2017, average yields of feed peas and field […]

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Biodiesel wholesale prices increase yet remain one of lowest cost options

Biodiesel wholesale prices increase yet remain one of lowest cost options

October 14, 2017 |

In Germany, UFOP reports that wholesale prices for agricultural diesel and biodiesel have risen significantly since August. By contrast, rapeseed oil has been on a weaker trend. Agricultural diesel continued to be the lowest-priced option despite the price rise. Since the beginning of the year, wholesale prices for agricultural diesel, biodiesel and rapeseed oil have […]

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Germany’s rapeseed imports rose in 2016/17

Germany’s rapeseed imports rose in 2016/17

October 8, 2017 |

In Germany, UFOP reports that German exports of rapeseed oil hit a record high in the 2016/17 marketing year. Both EU member states and third countries purchased considerably more rapeseed oil than a year earlier. Germany’s exports of rapeseed oil saw a significant rise for the third consecutive year in 2016/17, the Federal Statistical Office […]

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Germany’s rapeseed imports rose in 2016/17

September 30, 2017 |

In Germany, UFOP reports that according to Germany’s Federal Statistical Office, 2016/17 rapeseed imports increased to a record high of around 5.6 million tons. This translates to an around 1 per cent surge from the previous year to the highest quantity ever. The largest amount came from the EU-28, although its share dropped almost 10 […]

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Vegetable oil production will rise to a new record in 2017/18

Vegetable oil production will rise to a new record in 2017/18

September 24, 2017 |

In Germany, UFOP reports that the USDA expects global vegetable oil production to hit a new record at 195 million tons in 2017/18. Palm and soybean oil are anticipated to increase particularly strongly, but rapeseed oil production is also projected to surge. According to the USDA estimate, 2017/18 world vegetable oil production will probably rise […]

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FOP and UFOP ask EU to protect biodiesel market

FOP and UFOP ask EU to protect biodiesel market

September 16, 2017 |

In Germany, UFOP reports that they have joined with the French union of oilseeds and proteins crops producers (FOP) to ask the European Commission to protect EU biodiesel market. On September 7th, member state representatives narrowly approved the proposal by the EU Commission to reduce by September 28 the customs duties on biodiesel imports from […]

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