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In 2019, the rapeseed crop in the EU could be the minimum in the last 10 years

Agro-Trader.com Agro-Trader.com1 июля 2019 г., 11:41

Analysts of the consulting agency Strategie Grains in their monthly report retained the forecast of rapeseed harvest in the European Union in 2019/20 MY at 17.8 million tons, which is 11% lower than the previous season and may be the minimum result over the last 10 years, reports Successful Farming.

As specified, the reduction in oilseed production is expected due to dry weather conditions observed in most EU countries. At the same time, according to market participants, since currently oilseed crops are predominantly at the maturation stage, the impact of drought may not be very significant.

Also, analysts raised the forecast of imports of rapeseed by EU countries in the new season - from the previously expected 5.4 million tons to a record 5.8 million tons, which is 38% more than 2018/19 MY (4.2 million tons).

Источник: APK-Inform
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