Tag: UFOP

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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UFOP says corona crisis is time to rethink regionalism for agricultural trade and raw materials

UFOP says corona crisis is time to rethink regionalism for agricultural trade and raw materials

April 19, 2020 |

In Germany, UFOP reports that the issue of secure market supply is currently a topic of direct concern to consumers and is proof that international agricultural trade reaches its limit in crisis situations. The Union for the Promotion of Oil and Protein Plants (UFOP) demands that, when implementing the “Farm-to-Fork” strategy as part of the […]

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Unexpectedly large demand drives meal prices

Unexpectedly large demand drives meal prices

April 5, 2020 |

In Germany, UFOP reports that in early March, the corona crisis led many market participants to act cautiously and sit back to observe further developments, but that attitude has changed completely in the past two weeks, as livestock farmers ordered large amounts of compound feed in mid-March, leading to an explosion in demand and increased […]

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Vegetable oil prices under pressure due to coronavirus, rapeseed oil drops more than 18%

Vegetable oil prices under pressure due to coronavirus, rapeseed oil drops more than 18%

March 28, 2020 |

In Germany, UFOP reports that the spread of the coronavirus sent global prices of crude oil and vegetable oil on a downward spiral. Rapeseed oil most recently cost EUR 690 per tonne. This translates to a more than 18 per cent decline within one month. Soybean oil stood at EUR 605 per tonne, down just […]

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More rapeseed meal in compound feeds despite declining production

More rapeseed meal in compound feeds despite declining production

March 22, 2020 |

In Germany, UFOP reports that whereas the use of oilseed meals from rapeseed and soybeans in feed production has dwindled over the past four years, the share of rapeseed meal has increased. The use of oilseed meals in compound feeds has declined continuously over the past four years. Whereas the share of soybean meal sagged […]

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Netherlands remain #1 buyer of German biodiesel at 859,000 tons

Netherlands remain #1 buyer of German biodiesel at 859,000 tons

March 15, 2020 |

In Germany, in the past year, Germany exported, but also imported, record high amounts of biodiesel. Whereas Poland was the second most important export destination two years ago, Belgium moved up to that position in 2019. In the calendar year 2019, German foreign trade in biodiesel, both imports and exports, climbed to a record high. […]

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