Tag: UFOP

Germany stepped up biodiesel exports, hits 2M tons for second year

Germany stepped up biodiesel exports, hits 2M tons for second year

September 20, 2020 |

In Germany, UFOP reports that the country’s biodiesel exports reached the level of 2 million tons for the second year running in 2019/20. Whereas the main buyer, the Netherlands, maintained its purchases virtually steady at the previous year’s level, Belgium ramped up its biodiesel imports significantly. German biodiesel exports continued to rise further in the […]

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Larger area planted with rapeseed for Germany’s 2020 crop

Larger area planted with rapeseed for Germany’s 2020 crop

August 30, 2020 |

In Germany, UFOP reports that the area planted in Germany with rapeseed for the 2020 crop year will probably be larger than previously expected, according to the German Federal Statistical Office’s recent estimate. The expansion will also be reflected in harvest figures. In its most recent estimate, the German Federal Statistical Office put the German […]

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FAO vegetable oil price index increased yet again

FAO vegetable oil price index increased yet again

August 23, 2020 |

In Germany, UFOP reports that firm prices for palm, soybean and rapeseed oil drove the FAO vegetable oil price index higher in July. The cereal price index remained virtually unchanged at the previous month’s level. The FAO’s vegetable oil price index, which illustrates the changes in international prices of the ten most important vegetable oils […]

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Forward prices for rapeseed and soybeans stand up to corona crisis

Forward prices for rapeseed and soybeans stand up to corona crisis

August 16, 2020 |

In Germany, UFOP reports that the restrictions in the wake of the corona crisis generated pressure on rapeseed and soybean prices in the first quarter of the calendar year of 2020. However, prices have firmed since then. Starting at the beginning of the 2019/20 crop year, both rapeseed prices in Paris and soybean prices in […]

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UFOP estimates biodiesel sales in 2020 at 2.6 million tons

UFOP estimates biodiesel sales in 2020 at 2.6 million tons

August 2, 2020 |

In Germany, the Union for the Promotion of Oil and Protein Plants estimates the consumption of biodiesel at approx. 2.6 million t for 2020, compared to 2019, this would mean an increase of approx. 0.3 million tons. However, this sales volume can only be achieved if sustainably certified hydrogenated vegetable oil (HVO) or vegetable oil […]

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German Council Presidency sets course for a future-proof biofuels industry

German Council Presidency sets course for a future-proof biofuels industry

July 5, 2020 |

In Germany, UFOP reports that the semi-annual EU Council Presidency of the German government which began on July 1st needs to set the course for a “future-proof biofuels industry,” saying that biofuels are essential for meeting the climate protection goals in the commitment period 2021 to 2030. The German Federal Government has set a goal […]

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Biodiesel demand and prices pick back up in May

Biodiesel demand and prices pick back up in May

June 28, 2020 |

In Germany, UFOP reports that demand for biodiesel picked up and prices climbed, drought and harvest concerns paralyzed the rapeseed business, and vegetable oils consistently firmed in May, driven by rising fuel consumption. German rapeseed imports dropped significantly in March, U.S. soybean prices lacked clear orientation; abundant supply from, South America and favorable US crop […]

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EU Commission’s Farm-to-Fork strategy: UFOP misses economically sustainable perspective

EU Commission’s Farm-to-Fork strategy: UFOP misses economically sustainable perspective

May 31, 2020 |

In Germany, UFOP criticized the “Farm-to-Fork Strategy” presented by the European Commission, saying “This is not what perspective and collaboration look like” and “With this document, the EU Commission is far from taking this collaborative approach. On the contrary, agriculture is more or less directly denounced for undesirable nutritional developments and the use of technical […]

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FAO vegetable oil price index falls to eight-month low

FAO vegetable oil price index falls to eight-month low

May 24, 2020 |

In Germany, UFOP reports that decreases in prices of palm oil, soybean oil and rapeseed oil show through more strongly in the FAO price index than do increases in asking prices for sunflower oil. The April FAO price index for vegetable oils slipped 7.2 points, or 5.2 per cent, and the lowest level since August […]

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Oil mills pay more for 2020 crop

Oil mills pay more for 2020 crop

April 26, 2020 |

In Germany, UFOP reports that expectations of another sub-standard rapeseed harvest in Germany are the driving force behind oil mills’ efforts to procure supplies for the coming season well in advance. However, producers are not very ready to sell. The Union zur Förderung von Oel- und Proteinpflanzen e. V. (UFOP), taking a closer look at […]

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