Experts have increased their estimates for the oilseed harvest in the EU

Published 2023년 10월 31일

Tridge summary

EU countries are expected to harvest approximately 32.8 million major oilseeds in the current agricultural year, which is 1.5 million tons higher than the previous year. The largest portion of the production is anticipated to come from rapeseed, with experts estimating a harvest of 19.7 million tons. Soybean yields are also expected to increase, reaching three million tons. The improved yields can be attributed to more favorable agroclimatic conditions in certain countries throughout the season.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

EU countries can harvest about 32.8 million major oilseeds in the current agricultural year (for oilseeds, September alternates in each calendar year). This was reported by the analytical agency Oleoscope with reference to data from Stratégie Grains. This is one and a half million tons higher than the 2022-23 agricultural year. The largest share of production may come from rapeseed – experts estimate its harvest at 19.7 million tons. This is 200 thousand more than both the previous estimate and the past agricultural season (the same as the agricultural year - ROSNG). The forecast was raised based on higher crop yields than previously expected by analysts in Germany, Romania and France. Experts named a more profitable crop for Ukraine than sunflower The second place in terms of yield with three million tons was soybean. This is 100 thousand more than the old estimate and half a million more than the last agricultural season. The main contribution to the increase was also made by ...
Source: Rosng

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