Oilseed crushing volume in the EU and UK increased by 6.8% year-on-year from January to February 2024

Published 2024년 3월 29일

Tridge summary

In February 2024, the EU and UK saw a slight decrease in oilseed processing volumes to 3.285 million tons from January's 3.5 million tons, yet this represented an increase from February 2023's 3.081 million tons. The first two months of 2024 witnessed a cumulative oilseed crush volume of 678.5 million tons, marking a 6.8% rise from the previous year's 6.355 million tons. The overall oilseed crushing volume for 2023 in the EU and UK was 38.043 million tons, which is a 3.2% increase from 2022's 36.855 million tons, indicating a growing trend in oilseed processing in the region.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The crushing volume of the three main oilseeds (soybeans, sunflower seeds and rapeseed) in the EU and the UK in February 2024 was 3.285 million tons, lower than the 3.5 million tons in January and higher than the 3.081 million tons in February 2023. The oilseed crush volume in the first two months of 2024 was 678.5, an increase of 6.8% from 6.355 million tons in the same period last ...

Source: Foodmate