EU oilseed processing stabilises in November

In November, oilseed processing in the European Union decreased slightly to 3.23 million tons from 3.28 million tons in October, but remained above the 3.14 million tons processed in November 2023, according to data from the European Association of Vegetable Oil Producers (FEDIOL). Only soybean processing recorded an increase on both a monthly and annual basis – to 1.23 million tons from 1.07 million tons in October and 940 thousand tons in November last year. The results for sunflower are mixed – a decrease to 537 thousand tons from 581 thousand tons in October, but above the 470 thousand tons processed in November 2023. As for rapeseed, processing decreased to 1.47 million tons both from 1.63 million tons in October and from 1.73 million tons. tonnes in November last year. From the beginning of the year to the end of November, EU oilseed processing increased to 35.84 million tonnes from 34.59 million tonnes in the same period in 2023, with a total ...